Planning significant events involves many details. No-show vendors, extreme weather and guests who become ill and can’t attend often happen, leading to cancellations or event postponements. Any disruption could potentially impact an event and be financially devastating.  

Unfortunately, insurance is often overlooked during planning. Special event insurance is a unique coverage that can provide financial protection and peace of mind if an event is canceled or postponed. Event planners can gain great comfort and know they are financially safeguarded with special event insurance if their plans change. 

What Are the Benefits of Special Event Coverage? 

Whether planning a community festival, trade show, wedding celebration or another special event, special event insurance offer a variety of different levels of protection, including: 

• Event cancellation or postponement—In the event you need to postpone or cancel your event, this cover may help reimburse you for any nonrefundable, lost deposits and other fees up to the coverage limit of your policy. It may also help cover the cost of refunding guests’ ticket sales. 

• Event liability—Special event insurance helps cover a variety of liability risks that may occur at any point during a special event, such as property damage or bodily injuries to your guests for which you are found responsible. 

• Additional or special coverages—Depending on the event, most special event insurance policies may provide coverage for additional items. For example, wedding insurance or special event policy for a wedding may cover items such as a dress or tuxedo, gifts, photographs or other special items against damage or theft 

Beyond gaining coverage for the aforementioned exposures, some venues require businesses to carry special event insurance. Talk to your agent today to learn more about how a special event policy may benefit your company.  

What Is the Cost of Special Event Insurance?  

Various factors can influence the cost of your particular event insurance policy, including the level of risk, duration of the event, how much coverage you need, the event’s alcohol policy, and what activities will take place at the event. Keats Insurance Agencies can help you get the coverage you need to protect your special event. 

When Should I Purchase Coverage? 

It’s a good idea to buy special event insurance when you begin to make deposits or purchases for your event. Some insurers have restrictions on when you can purchase coverage, so be sure to talk with your agent.  

How We Can Help 

Call our agents at Keats Insurance Agencies at 800-871-1992 to get started on an insurance policy that will give you peace of mind for your special event.