What Coverages Are Included in Event Policies?
Since policyholders can often select the specific protections they want, the exact coverages included in even policies frequently vary. Some of the coverages that a policy might make available are:
- General Liability Coverage, which may cover common accidents
- Product Liability Coverage, which may cover damage and harm caused by products that are sold or given out
- Liquor Liability Coverage, which may cover damage or harm occurring in alcohol-related incidents
- Automobile Liability Coverage, which may cover vehicles that are used during an event
- Spectator Liability Coverage, which may cover injuries sustained by spectators at an event
- Medical Malpractice Coverage, which may cover first aid services rendered at an event
In addition to these fairly common prepositions, some event hosts might also need specialized coverages. For example, animal liability coverage or aircraft liability coverage may be appropriate if live animals or aircraft are used during an event. These are just a couple of the many more specialized coverages that policies sometimes offer.
For help selecting the right coverages for a specific event, hosts should work with a knowledgeable agent who specializes in this form of insurance when comparing policies. A specialized agent will know what coverages are available and be able to make informed recommendations.
Do Event Policies Offer Protection for Hosts’ Property?
While some event policies offer coverage for rented, leased or borrowed equipment that’s used during activities, most policies don’t cover host-owned property. Such coverage generally isn’t needed, because hosts should have separate insurance policies that protect their property before, during and after an event.
Hosts that don’t have their owned property adequately insured should ask their event coverage agent about other insurance protections. Agents who are familiar with event policies can frequently also help with traditional property policies.
Who in Massachusetts Should Have an Event Policy?
Most organizations that are hosting an event in Massachusetts should procure an event policy that covers their activities. This includes companies, governments and nonprofits holding an event in the state regardless of where the organization is actually located. Fundraisers, conferences, seminars, grand openings and company celebrations all might require insurance. Even small holiday parties occasionally present risks that a policy can help protect against.
Additionally, individuals who are holding an event in the state generally should consider purchasing a policy themselves. An agent can help individuals determine whether getting coverage for a wedding, anniversary celebration, graduation party, birthday party or other event makes sense. In many cases, it does.
How Can Organizations and Individuals in Massachusetts Get Event Insurance?
If you have an upcoming event planned, talk with the independent insurance agents at Scotti Insurance Agency about getting event insurance for it. Our agents have helped insure many festivities in Massachusetts, and they have the expertise necessary to help determine whether your planned activities should be insured. If you do need a policy, they also can help you compare offerings from different insurance companies and select the one that best suits your protection needs.