Hosting an event is a great way to get all of your friends, family, or employees together and have some fun. Throwing a party also comes with tons of risks, many of which can be very expensive. Investing in the right special event insurance policy can give you the coverage you need to fully enjoy your party.
Special event insurance can be tailored to meet your specific needs depending on what type of event you are hosting. You may be able to get coverage for:
- Liquor liability
- General liability
- Cancellation coverage
- Lawsuit coverage
Keep in mind that each policy is different, so take the time to talk with your insurance agent to ensure you invest in the right coverage options.
If you are planning on serving alcohol at your party, liquor liability insurance is one of the most important policies you can invest in. If one of your guests’ damages property or causes injuries after having one too many cocktails, liquor liability coverage will step in and cover the costs associated with the accident.
If you are renting out a special venue, chances are the venue will require that you have special event insurance to help reduce their risk. Some venues may provide limited coverage on their own, so make sure to talk with the owner of the venue so that you aren’t stuck paying for the same coverage twice.
The cost of your special event insurance will depend on just how much coverage you need. It may also depend on certain risk factors, including the number of people who are attending and the type of event.
While planning your next party, contact the Northern California insurance professionals at Purves & Associates Insurance Services. Serving Davis, Sacramento, and surrounding areas, we will help you find the perfect amount of protection to ensure you are able to fully enjoy all of your hard work!