Special Event Insurance - Do You Really Need It?

In a word ... YES! This is one of the most overlooked expenditures in special event and wedding planning. Most people want their wedding vendors or event vendors to be insured. They think that somehow getting a vendor with insurance protects them if the catering should make someone sick or if a guest should slip and fall at their insured venue. Others think "Only close family and friends are attending my event. I know they wouldn't sue me for something my vendors did." That is total denial. Vendors do need their own liability insurance, however, the vendor's liability insurance will only cover the vendor in a lawsuit. You are left totally unprotected. Once a case is in a lawyers hands they will file suit against the vendor for negligence and they will also sue you for hiring them. Hospital bills have to get paid and so does that lawyer. It's easier to get paid if they are recieveing money from multiple sources. Do yourself a favor, get a good, one day, special event policy to cover you. They are available from most insurance agents and only cost from $300.00 to $500.00 for a two hundred person event.