How Much Does Liability Insurance Cost For A Wedding
Wedding event liability insurance liquor liability insurance.
How much does liability insurance cost for a wedding. How much wedding insurance should cost. Duailibe recommends not opting for the most basic plan available adding that full coverage or such a large scale event like a wedding is best. Most will also require a host liquor liability provision that extends coverage for. A 70 s music concert expecting 2500 people will cost around 400.
A basic insurance policy that covers loss of photos videos attire gifts rings and deposits usually costs anywhere between 155 and 550 depending on the amount of coverage you want. Average costs and comments from costhelper s team of professional journalists and community of users. A trade show expecting 250 people will cost around 125. The least expensive policies available can cost under 100 for liability coverage only.
Wedding liability insurance typically ranges from 165 to 200. Below are some examples of typical policies with the key coverage most professional wedding planners need and their starting costs. The insurance company will ask the couple the cost of the full wedding or an idea of. Wedding planner insurance cost ranges from 39 to 49 per month depending on your provider location crew business size coverage limits and a number of other factors.
The cost will go up from there depending on the type and size of the event. Typical wedding liability insurance limits are 500 000 to 2 million but may be as high as 5 million. Our specialty wedding liability insurance protects you against property damage bodily injuries and alcohol related accidents caused by a vendor or guest during the rehearsal dinner wedding ceremony or reception. A cancellation policy would cover the couple for costs incurred in having to postpone or cancel their wedding in situations like a severe event like if there was a hurricane a blizzard or a power outage that prevented the wedding from happening or forced them to reschedule says leah weinberg owner of color pop events.
General liability insurance which covers up to 1 000 000 for accidents costs around 185. Special event insurance sometimes referred to as one day event insurance is an insurance policy that helps protect your investment in a specific event such as a wedding. The total cost for event liability insurance can start at 66 for a small wedding. Coverage is for the bride the groom and their parents as well as the venue if requested.
The second type of wedding insurance is cancellation coverage. If not there are other companies who do offer wedding insurance. Many of these venues now require event hosts to purchase liability insurance. Wedding insurance cost can vary significantly so shop around.
Event insurance may help cover your costs if you unexpectedly need to cancel your event or if you re found responsible for property damage or an injury caused during your event.