How to Choose the Right Special Event Insurance for Your Summer Gathering

The summer months are a time for celebration and revelry, with long and warm days cultivating opportunities for fun and excitement that might be impossible during other parts of the year. Still, organizers, hosts, and other stakeholders cannot afford to get caught up in the fun of their events and forget to commit to appropriate risk management and loss control. Understanding and acquiring appropriate special event insurance is critical.

What Is Special Event Insurance?

Regardless of how experienced or diligent hosts and organizers may be, putting on a special event typically includes managing many moving parts and accounting for a multitude of potential issues. Special event insurance can help secure your financial interests and provide a means to navigate unexpected difficulties.

Specifically, special event insurance can help manage the following potential costs and losses:

• Rescheduling and cancellation fees
• Deposits that might otherwise be nonrecoverable
• Liabilities, such as if you rent out a venue and their property is damaged or a guest is injured while attending
• Personal property losses, including those involving valuable items (e.g., formalwear and equipment)

How Can I Choose the Right Coverage?

The right special event insurance may vary significantly depending on your risk tolerance and the specific details of your occasion. When shopping for coverage, consider the following:

• Location
• Type of event (e.g., weddings, festivals, conventions and banquets)
• Number of expected attendees
• Duration of event
• Venue requirements
• Number of staff
• Total cost of event
• Presence of alcohol

How to Get the Right Insurance Near Me

At Sunstar Insurance Services, our knowledgeable and dedicated team can help insure special events in Tupelo and throughout much of Mississippi. Contact one of our agents today to learn more about coverage options and secure the right policy for your occasion.

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.