Where should I buy special event insurance?
Purchasing Event Insurance
Purchasing special event liability insurance serves two primary functions. Firstly, it satisfies requirements made by vendors to ensure facility protection in the event of a lawsuit. Secondly, it protects you, the policy holder, as well as any additionally insured entities if damages or bodily injury occurs at your event. Knowing how and where to purchase special event liability insurance can be a challenge, especially if you’re a first-time event host. We believe it’s important for you, our customer, to be well-informed about the buying process, so that you feel confident in your choice to go with One Day Event.
Challenges of purchasing special event insurance
There are many considerations to make when purchasing your plan.
1. You need to ensure that you meet the requirements set by your venue. The requirements can include:
Coverage limits
Additional insured status
The Certificate of Insurance with proper wording
2. You also need to be aware of whether the appropriate bundles and add-ons have been included in your policy
Non-owned/Hired Auto
Host liquor liability
Waiver of Subrogation
The CertifPrimary/ Non-contributory wording
3. If you purchase an event insurance policy from a low-quality carrier, you may be stuck with a plan that does not meet minimum venue standards or leaves you liable when damages are incurred. Features of these low-quality plans may be
Large deductibles
Claims-made policies
Low claims payout ratios
4. An additional challenge of purchasing special event insurance is the lack of claims assistance companies provide, leaving you to navigate the process independently.
New consumers are frequently unaware of these hazards, and as a result have to haggle with insurance companies to get the coverage they assumed was guaranteed when they bought their policy. One Day Event simplifies these potential challenges and values transparency so that you don’t have to wonder whether you’re getting quality coverage. (link to Our Standard)
Where can I buy special event insurance?
Event hosts can purchase special event liability insurance online by either going to an independent carrier, or by choosing to use a broker like One Day Event. Independent carriers provide you with a single quote for the one policy that they can sell. This leaves people with limited options, and potentially an expensive policy. Dealing with one carrier may also restrict you from getting coverage since not all carriers cover all different types of events.
One Day Event provides you with the top quotes from the nation’s top A.M. Best A+ rated insurance carriers so you have access to quality plans without having to do any shopping or worrying! Your quote is generated and instantly provided to you using key pieces of information about your event and venue. Get a quote and see for yourself using our online quote generator at onedayevent.com!
Benefits of One Day Event
One Day Event has restructured and simplified the process of buying insurance for customers. We utilize an unbiased intuitive quoting engine to instantly provide you with the best rates, and only recommend the best policies that properly protect you. Our company only works with insurance carriers that are A.M. Best A rated or higher - because of this we are an approved vendor for all venues nation-wide. We carry event liability insurance featuring zero deductibles, and hosts can add on additional insureds instantly.
One Day Event sends your Certificate of Insurance with all the necessary information to the venue as soon as you purchase your preferred policy. You can access this certificate along with all your other policy documents 24/7 on our customer-friendly online portal. If you have questions regarding your policy, or need assistance selecting the right plan for you, our customer service team is available with our expertise and is happy to help. When you purchase with One Day Event, you also gain access to our designated Claims Advocacy Team. They guide you through the whole claims process and communicate with the insurance companies on your behalf to ensure you get your payout. By choosing One Day Event, you align yourself with quality carriers, the best customer service team, and an honest company that values your peace of mind.
