Insurance for special events & celebrations in Edmonton and the surrounding area
Anyone who has ever been involved in planning an event knows that something unexpected can usually be counted on to happen. Special events insurance is essential and can help protect you if you’re held liable for any injury or damage that happens to a guest, employee, or venue.
What is special event insurance?
If you’re planning an event like a wedding, golf tournament or high school reunion – special event insurance is a must. You want to enjoy and focus on providing attendees with a good time without worrying about what may go wrong.
Special event insurance provides coverage for events that are beyond your control. It may not be covered under your home or business policy because it’s different from most types of personal or commercial insurance. It protects you if any legal action is taken against you because of the event.
What types of events does special event insurance cover?
It’s easy to assume that the venue where your event is held is legally responsible for any property damage or personal injury that occurs. However, since you are occupying the venue, you must keep attendees safe from harm.
In Edmonton, we provide special event insurance for:
- Weddings
- Anniversary parties
- Birthday parties
- Holiday parties
- Sports events
- Golf tournaments (Hole in one)
- Music festivals and concerts
- Theatre performances
- Craft fairs
- Food trucks and street festivals
- Reunions
- And many more…
Types of Insurance Coverage for Edmonton Events
- Commercial General Liability helps to cover property damage and injuries suffered by event attendees and can include legal expenses if you’re sued. This can be broken up to include third-party property damage and bodily injury, medical payment, non-owned auto, food and beverage, employees/volunteers, and cross liability.
- Tenants Legal Liability – if an accident happens (like a fire) this coverage will provide insurance for loss or damage of a property and help cover legal expenses for the person renting the space.
- Liquor Liability—If you are involved in a liquor-related incident, this coverage can help protect you in the event of a lawsuit.
- Special Events Coverage typically includes third-party property damage and bodily injury, medical payment, non-owned auto, food and beverage products, employees/volunteers, and cross-liability protection. It can be purchased as an add-on or included in your commercial general liability coverage.
- Cancellation Coverage—If an event is cancelled, postponed, or interrupted, this coverage can help recoup potential financial losses.
Benefits of Special Event Insurance
Each event is different, and special event insurance policies can be adapted to reflect this. For example, wedding liability insurance includes coverage for property damage, third-party liability, and the option to add liquor liability insurance. This can help protect your financial investment and reduce the burden of added costs if something goes wrong and you need to cancel or postpone.
How much does special event insurance cost in Edmonton?
When determining a quote for special event insurance, you will be asked to provide details such as:
- The type of event you will be hosting
- Where, when and how long it will be
- How many people are expected to attend
- If you will be serving alcohol
- What type of third-party vendors will you use (caterers, decorations, etc.)?
Your Acera Insurance special event insurance broker can help determine your needs by helping you navigate the policy so you understand what’s covered and what isn’t. If you have a claim, they will also act as your advocate.
Why Acera Insurance?
Edmonton is called the “Festival City” for a reason. With roots here stretching back over 60 years, our team at Acera Insurance knows what goes into putting on these events. Our team of brokers will work with you to develop an insurance package tailored to your specific needs.
As a partner of Acera Insurance, we have numerous contacts within the industry to ensure you are getting a range of coverage options and choices. Our special events insurance brokers are here to advocate for you and be an insurance resource for you. Contact us today.