Protecting yourself when holding an event should be at the top of your to-do list. For this reason, most individuals are advised to have a Public Liability policy in place to help shield them from what may occur. Ensuring the safety of your patrons should also be one of your main priorities as a host or a promoter, whether it is for a simple event such as a wedding or a huge one such as a fete or a festival. Therefore, our focus is to help highlight some important areas surrounding one day events and how having insurance can be helpful.
Why You Need Public Liability Cover?
When holding an event, having insurance should be one of main the topics discussed. Unfortunately, some persons tend not to even consider insurance. It should be noted, that having the right type of insurance coverage not only provides you with protection, but also the peace of mind. Once you have that in place, your next focus should be on ensuring your event is a success. Public Liability insurance for an event would normally protect the event holder against property damage and bodily damage caused by any negligent act or accident.
What Questions Will Be Asked?
One day event insurance usually varies based on the nature of the event you are holding. An intimate event such as a wedding or a simple family get together is unlikely to require the same type of coverage such as a fete or a festival. Laying out all the details regarding your event to your insurance provider is very important. Based on the type of event, there are usually specific related questions asked to help provide you with the best policy/coverage there is. Some of these questions may include, nature of the event, estimated attendees at the event, whether the individual has had previous experience hosting events and if there will be security present.
For a simple family get together that maybe held on someone’s lawn or backyard, the individual hosting should be aware that a part of their home insurance policy would cover PL which means they wouldn’t necessarily need to get another policy. It is however advised that they make their insurance company aware in advance of their intentions. If the family get together is held somewhere public, depending on the nature of the event, they can call their insurance provider to find out of PL would be needed.
These questions as mentioned before will help your insurance provider decide if they are willing to take the risk of providing you with a quote. Reason being, for the most part, public liability insurance can be considered a risk, and as a result insurance companies are very careful in how they go about taking on these risks.
What To Know About Third Parties At Your Event.
Finally, a critical point to consider when holding an event are third parties. Will there be a third party at your event looking to provide activities? If the answer is yes, please pay attention to the following. You as the event holder should ensure that each third party has their own liability insurance so that if a claim is made against an activity, it would be made under the third party’s policy. Simple activities such as bouncy castles and face painting are often commonly seen at most events, if anything were to happen, and the individual doesn’t have liability insurance, that claim may fall on you. We therefore advise persons to be very careful.
Now that you have all the information above, you’ll reconsider the importance of having insurance for an event in the future. We should say that not all events require insurance, however, nothing beats calling your insurer to find out if coverage would be required. It is always better to be safe than sorry. If you’re looking for insurance for your next event, give us a call on 1-246-537-0140 or visit our website at BestQuoteBB.com and we will be more than happy to assist you!