Event Insurance: What it is and Why You Need It

If you are planning a big event, it’s important to account for the possibility of something going wrong. In our experience here at St. Clair Insurance Brokers Inc., while most people understand the logic behind making contingency plans, few people understand the need for event insurance. In this article, we’ll be going over more about what event insurance is, as well as making a case for why you need it.

  • What it Is- Event insurance refers to a specific combination of coverage policies designed to offer you financial protection against a variety of things that could go wrong. For instance, most event insurance policies include liquor liability coverage, which will protect you in the event that any regulations concerning the distribution of alcohol are accidentally broken. Other things that event insurance can cover include general liability for injuries or property damage, cancellation insurance in case of inclement weather or vendor no-shows, and non-owned vehicle insurance to cover things like charter buses or food trucks.
  • Why You Need It- We at St. Clair Insurance Brokers Inc. hope the above examples have given you an idea of why event insurance is a wise investment. Planning and hosting an event requires keeping track of many different variables, and the bigger your event, the greater the possibility that something will go wrong. If you want greater peace of mind regarding your event, we at St. Clair Insurance Brokers Inc. encourage you to reach out to our team about our event insurance options.