What Does Special Event Insurance Cover?

Whether you’re planning a wedding, organizing a music festival or hosting a corporate conference, there are potential risks and uncertainties involved with hosting a large event. To protect your event, you may want to consider special event insurance.  


What Is Special Event Insurance? 


Special event insurance is designed to protect organizers, hosts or sponsors of special events against potential financial losses or liabilities that may arise during or as a result of the event.  


Special event insurance typically offers various types of coverage, which can include the following: 

• Cancellation or postponement coverage may protect against financial losses if the event needs to be canceled, postponed or relocated due to circumstances beyond the organizer’s control (e.g., severe weather, natural disasters or unexpected circumstances).

• Liability coverage may help cover bodily injury or property damage claims that arise during the event. For example, if a guest is injured or property is damaged during the event, liability coverage can help pay for the associated costs and legal expenses.

• Property coverage may help protect against damage or loss of event-related property or equipment, such as sound systems, lighting, decorations or rented equipment.

• Liquor liability coverage may help protect against claims related to injuries or property damage due to alcohol consumption.

• Nonappearance coverage may help if a key individual, such as a performer or speaker, fails to appear at the event due to illness, injury or other unforeseen circumstances.

How Much Is Special Event Insurance? 


The cost of special event insurance can vary depending on the type of event, the number of attendees, the event duration, the coverage limits desired and the location. Each event is unique, and insurance providers consider these factors when determining the premium for special event insurance. 


Special event insurance premiums can range from a few hundred to several thousand dollars. Smaller, less complex events with fewer attendees generally have lower premiums, while larger events with higher risks and more extensive coverage requirements tend to have higher premiums. 


It’s important to note that the cost of insurance is just one aspect to consider when evaluating your event budget. The potential financial risks and liabilities associated with hosting an event without insurance coverage could far outweigh the cost of the policy. Contact Johl & Company to discuss special event coverage. We can provide a more accurate cost estimate based on your specific event details. 


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.