January 19, 2022

Project Vega

Journey to Health and Wellness

How Special Events Insurance Can Help You Relax

3 min read

Whether planning your daughter’s wedding or professionally organizing special events for your clients, the process can be stressful. Many things can go wrong, leaving you vulnerable to liability in the case of a lawsuit. If a guest is injured, alcohol is linked, the venue you booked requires liability insurance, or you simply want peace of mind, special event insurance can help.

Why do you need event insurance? 

Event organizers who face liability or a lawsuit for property damage or injury to third parties, among other things, are covered by special event insurance. Events insurance coverage may be able to protect your investment in the event in addition to damage protection. This insurance can also cover the venue or event sponsors if they are included in the policy.

What can special events insurance cover? 

Here are five reasons why purchasing event insurance for your special event is a worthwhile investment, whether you’re the organizer or a vendor.


How many instances have you heard about accidents occurring during events? Accidents can happen at every event, regardless of its type, and event insurance coverage is essential for both organizers’ and suppliers’ safety.

Property & Premises Damage

Whether you’re renting a venue space or organizing an event in a private residence, there’s a chance that some property damage will occur, regardless of the number of people in attendance. For example, if you booked a venue and a fire broke out during your event, causing $92,000 in damages, the cost of repairs would be completely covered by the insurance, pending the maximum damage to premises limit of $100,000.

Liability for Care, Custody, and Control

The majority of liability plans do not cover physical damage or loss of property. It is in the care, custody, or control of the event organizer or vendor at the same time. However, special event insurance can be added if needed. Kristen and her husband’s 50th birthday celebration is an excellent illustration of how taking on this kind of responsibility can be beneficial. Kristen rented a lovely ballroom for her husband’s birthday celebration, but a bottle of red wine shattered during the festivities, causing damage to the bespoke Persian carpet and the travertine floor. The ballroom owner sued Kristen for the $48,500 cost of replacing the whole carpet and a large piece of the travertine floor. Kristen was lucky in that she opted to insure with birthday party event insurance, which protected her from the loss.

Alcoholic Beverage Liability

Liquor liability insurance covers injuries and property damage caused by drinking. A wedding insurance policy provides the necessary protection for event organizers and vendors alike when money is exchanged, and drinks are served.


When it comes down to it, event insurance is about safeguarding your assets. The most major benefit of event insurance is that it is a single, comprehensive policy specifically designed for people who organize special events or provide vendor services at events. Accidents may happen at events no matter how careful you are. Special event insurance will provide you with the protection and peace of mind you need.