What is Event Insurance?
People and organizations hosting events in Vermont are exposed to a plethora of potential risks. Not only are they expected to make sure their event goes well, but they also may be held financially responsible for accidents that occur during their event. Event insurance policies help protect event hosts from the financial consequences of covered accidents.
Event insurance policies are used to insure a wide variety of events. Businesses, nonprofit organizations, governments and individuals may purchase event policies for everything from company parties and corporate fundraisers to parades and birthday parties. Other events that policies may be purchased for include weddings, anniversary celebrations, graduation parties, sports competitions and just about any other large gathering.
Who in Vermont Should Consider Getting an Event Policy?
Anyone person or organization hosting an event in Vermont should consider getting an event policy for their planned activities. This includes both in-state hosts planning an event that will be held on their property and out-of-state hosts who are renting space for an event. Without a policy in place, hosts can be dangerously exposed to risk an personally responsible for any accidents that happen during their event.