Festival insurance cover is one of the most important considerations for any upcoming festival. Whether it’s a music festival, a film festival or a food festival, event insurance is a vital component of ensuring that the festival runs smoothly and without any unexpected complications.
If you’re an event organiser of an upcoming festival, it’s imperative that your event is fully covered. To do this, you need to understand what festival insurance is, the different types of policies available and the benefits of each one.
To make things easier, in this blog post, we explore things you need to know to fully understand insurance for festivals. From the different types of event insurance such as event public liability insurance and event cancellation cover to the advantages – we discuss the important things. So, keep reading to become a festival insurance expert.
Why do I Need Festival Insurance?
Festival event insurance is vital for any festival organiser. This is as it can protect you against any potential claims brought against you, whether this is a liability claim or cancellation of the event due to unforeseen circumstances.
Having insurance for your festival will give you peace of mind when running the event. Keep in mind that liability claims can arise really easily. For example, it might be from something as small as a slip or trip, or something bigger such as something falling down and injuring someone.
All sorts of situations can occur, and it’s crucial that you have extensive festival insurance policy taken out to protect yourself from any of these scenarios.
Different Types of Insurance for Festivals
When it comes to getting insurance for an upcoming festival, there are many different types available. First of all, event public liability insurance is the most common type of festival insurance. This is because it can cover the event organiser for any third-party injury or property damage that may be caused by the event.
This can include injury or damage to members of the public and suppliers. Public liability insurance is usually the first type of event insurance that any festival organiser will take out, as it is essential in protecting them from any unforeseen accidents or incidents that may occur at the event.
Another type of event insurance commonly taken out is event cancellation insurance, which can cover the costs of cancelling or postponing the event if unforeseen circumstances occur.
This type of insurance is especially important for large-scale events or those events which have a significant financial exposure. If you have to cancel a festival due to adverse weather, this type of insurance can help cover the costs of refunds and any additional expenses incurred as a result.
Lastly, employer’s liability insurance is another type of insurance that can cover the event organiser for any injury or illness caused to employees at the event. It is particularly important for festivals that involve volunteers, as it can provide protection for the event organiser if any of their volunteers are injured during the course of the festival.
The Benefits of Festival Insurance
The advantages of having festival insurance are numerous. Not only can it provide financial protection for the event organiser in the event of any third-party injury or damage, but it can also help to ensure that the event runs smoothly and without any unexpected complications.
Covering the cost of cancelling or postponing an event can also be extremely useful, as it can help to save costs and reduce the risk of financial loss. It is therefore essential that any event organiser takes out comprehensive festival insurance prior to organising their event.
Overall, event insurance is an essential component of any event and can provide invaluable protection for both the event organiser and attendees.
Want to Receive a Quote for Festival Insurance?
If you would like to get a quote for an upcoming festival, then please do not hesitate to contact the team at David J Miller Insurance Brokers. Our events insurance brokers endeavour to provide first class festival insurance cover for all types of festivals, no matter how big or small.
To make an enquiry about our festival insurance services, contact us or fill out our online enquiry form and we’ll get back to you as quickly as possible.