If you are a small business you will, more than likely, have already taken out a commercial liability policy but insurance cover will more than likely not apply to venues that are not your customary business place. If this is the case you should take out separate event insurance coverage. You must have insurance that will cover employees and temporary staff you may employ specially for this event.

A further problem that might happen is injury to a guest or employee that results in a legal action against the organiser.

Property Insurance Coverage

You possibly will have to insure property, during the event and also during transportation to and from the site. You may well want to include computers and electrical equipment or other things depending on the nature of the event. This may include antiques or catering equipment. Coverage needs to be for accidental damage or fire at both the venue and while being transported.

Expenses Coverage

Costs may well occur because of cancellation of the event from any of the above mentioned causes.

Conclusion

Major events can be very expensive and the last thing you want is for unexpected events to increase the cost. By taking out event insurance coverage you will be insured in case problems occur and will be able to restage the event at a later date if necessary. Janet Ashby