What Does Special Event Insurance Cover?

Much effort goes into event planning—whether it’s for a wedding, anniversary party or other type of event. You’ll often have to put down deposits that could be lost if your event is cancelled or postponed. Special events insurance can help protect you from these losses. 

Contact K2 Insurance Brokers and Risk Management in Murrieta, California, to learn more about your special events insurance coverage.  

What Is Special Events Insurance? 

Many vendors don’t offer refunds for event cancellations, regardless of the reason. Special events insurance, also known as one-day insurance, can protect the money you’ve put into a specific event. Event vendors sometimes require special events insurance as it can also pay for property damage or bodily injury resulting from your event.    

What Does Special Events Insurance Cover? 

There are two common types of special events insurance for you to consider when planning your big day.  

• Event cancellation coverage—This policy can pay for event cancellation costs (e.g., lost deposits, fees) if you’re forced to cancel or postpone your event due to a covered event.  

• Event liability coverage—This policy can pay for costs (e.g., medical bills, legal fees) if your event results in property damage or bodily injury. 

Additional insurance coverage for gifts and attire (e.g., wedding dresses, tuxedos) and other items that may be damaged before, during or after an event may also be available. Speak to your insurance company to learn more. 

How Much Does Special Events Insurance Cost? 

Numerous factors may affect the cost of insuring your event. When determining the cost of one-day insurance, your insurer may consider the following variables: 

Where Can I Buy Special Events Insurance? 

Get peace of mind for your big day with our special events insurance coverage. Contact K2 Insurance Brokers and Risk Management for more information and to get an events insurance quote.  

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.