Do You Have Event Insurance to Guard Yourself

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Do You Have Event Insurance to Guard Yourself
from Damage and Loss?Are you planning a big
event for your business or family? Have you
stopped to consider what will happen if fixtures
are accidentally broken, someone is injured, or
any other unexpected accidents? In many
situations you are liable for all damages,
injuries, and losses occurring during your event.
This is one item which is often missed when you
are hurrying to reserve a venue and prepare for
the event. You may not even be aware you can get
event insurance to protect you or your business
financially.Event Insurance Can End Your
WorriesHosting a business event can be extremely
stressful especially if there are alcoholic
beverages being served. As the host you may have
a sick feeling in your stomach during the entire
evening. You are picturing a guest, server, or
even one of your one employees getting
intoxicated and tearing up the room. You have
heard the horror stories of this happening at
other events. It can take the budget you
carefully adhered to and destroy it.Imagine
suddenly being responsible to replace a 5,000
Karaoke machine or a 10,000 video system which
was provided for your event. During your event
you are responsible for the protection of these
devices.Event insurance is a very affordable
way to allow you to relax. You can find policies
starting at about 75 with some policies
providing over two million dollars in coverage.
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Items to Watch for When Shopping for CoverageOne
item to be very aware of as you look at event
insurance is the coverage for alcohol related
events. If your event will be serving wine,
liquor, or any alcohol beverages it is critical
to have this coverage. As you are already aware
the addition of alcohol at an event increases the
risks of damage.Make sure to review the policy
to see what is included. Does it cover damages
only to physical structures and furnishing? Will
it cover injuries to guests?Your Business
Liability Insurance May Not Be EnoughWhile your
business liability insurance may be excellent it
probably does not cover events which are held
away from your company property. This hole in
coverage may catch you off-guard and leave you
vulnerable to staggering losses. It is important
before you trust your liability insurance will
cover events that you take a few moments and
check. Call your insurance agent or provider and
ask specific questions about the event you are
planning. Make sure you fully understand what
they will and will not cover. The answers may
surprise you.If you discover there are major
holes in your protection you should take a few
moments and get quotes for event insurance. You
can get a quote online for event insurance in
only moments. Picture the added confidence you
will feel being 100 sure you are covered for any
mishaps during the event. It can make the
difference between a successful event or a major
financial risk to you and your business.