Event Insurance

A few years ago my sister in law started putting on a yearly festival on her family property. They own a bike shop, and they have a large collection of bands play once a year, along with some activities which bikers from all over come to participate in.

She learned quickly that she should have event insurance for these types of things, and had no problems with anything up until last year. This is when she learned there are conditions to this type of insurance and that she really had to keep an eye on what was going on.

Someone had snuck in without paying, and because they snuck in, they did not sign the waiver that she requires for entry. This girl proceeded to fall down and hurt her leg rather badly, and my sister in law called her event insurance carrier to report what had happened.

As it turned out, that particular accident would not have been covered, and my sister would have been liable for the damages. To avoid the problem, my sister had to run down and file trespassing charges against the girl that had snuck in so that she could not be sued.

Most of the time, event insurance is there to cover any problems that might occur at any type of event. You don’t have to have a bunch of bikers to need this, as things can happen at what might seem like the tamest event on earth.

Hopefully you would never need to cash in on this type of insurance, but it is always a wise investment in any case. It should be rather affordable, and should run for the length of your event, and may even cover some time after for people taking down the seats, stages, etc.

When you find good event insurance, make sure you know the particulars. Find out what would happen in someone were to sneak in and then get injured. It might not be covered on your insurance, much like was the case for my sister in law.

This might mean that you have to come up with a new way of ensuring that no one can sneak in, and that all of your bases are covered. If you aren’t sure you have all you need to know about event insurance, it wouldn’t hurt to go over what you have with your lawyer just to be on the safe side. It’s great to have, but it won’t do you any good if someone skirts the terms of the policy.