In this article, we explain what temporary event liability insurance is, why it matters, and how you can get a policy that fits your event.
What is Temporary Event Liability Insurance?
Temporary event liability insurance is a short-term policy made to protect event planners and hosts. The policy covers only the duration of your event. It stands to pay legal fees or costs when a person gets hurt or property gets damaged by your event.
For example, if a vendor’s tool falls and injures a guest, or if damage happens at the venue, the policy can pay for the costs. This insurance helps event planners, vendors, and guests handle an accident so that one mistake does not bring heavy financial loss.
Why Temporary Event Liability Insurance is Essential
Many event planners skip this insurance for one-time or small events even though risks stay high. Here are some reasons why you need temporary event liability insurance:
- It stops heavy costs when accidents lead to legal claims. The policy covers court fees, doctor bills, and repair costs.
- Some venues ask for proof of insurance before you can use their space.
- Vendors, sponsors, and suppliers look for a safety net.
- This insurance stands for many accidents, such as falls, equipment problems, and food-related issues.
- It lets you work on your event with a clear mind.
What Does Temporary Event Liability Insurance Cover?
It helps to know what parts the policy covers. Usually, it includes:
- Bodily Injury: The policy will pay for medical costs and legal fees if someone gets hurt.
- Property Damage: Claims for damage to the venue or other property are handled by this coverage.
- Personal and Advertising Injury: This part covers claims when issues like defamation or copyright problems occur.
- Product Liability: It applies when your event sells or gives away products and someone is hurt because of them.
Some policies add extra parts, such as cover for alcohol service or a plan in case you must cancel the event.
Frequently Asked Questions (FAQs)
What is the difference between temporary event liability insurance and general liability insurance?
Temporary event liability insurance covers one event for a short time. In contrast, general liability insurance protects everyday business operations. Temporary policies work best for events that happen just once or occasionally.
Can I get temporary event liability insurance for an outdoor festival?
Yes, temporary event liability insurance works for outdoor festivals, concerts, fairs, and other public or private events. The policy then covers many types of accidents like injuries or property damage.
How much does temporary event liability insurance cost?
The cost depends on your event’s size, its risks, the location, and the chosen limits. Prices usually run from a few hundred dollars to a few thousand dollars. It is wise to get quotes from different companies to find the best price.
Our Top Picks For Liability Coverage
Be sure to check your venue’s insurance requirements before securing a policy!
GatherGuard
Starts at $75 for $1M/$2M GL coverage
Min. Damage to rented premises limit: $250,000 (Upgrade to $1M for $25+)
Medical expense limit: Not included
Waiver of Subrogation Endorsement: No
Primary Noncontributory Endorsement: No
Free quote feature available
SpecialInsurance.com
Starts at $160 for $1M/$2M GL coverage
Min. Damage to rented premises limit: $300,000 (Upgrade to $1M for $75)
Medical expense limit: $5,000
Waiver of Subrogation Endorsement: Yes
Primary Noncontributory Endorsement: Yes
Free quote feature available
Coverage can extend beyond midnight depending on state liquor laws, in which case only 1 day of coverage is required