Insuring your event

There are two types: liability insurance and cancellation insurance.

Liability insurance covers property damage to the event site and bodily injuries to attendees. “If one of your guests slips and falls on the dance floor, liability insurance will cover their medical bills up to the limits specified on your policy.”

Cancellation insurance provides reimbursement for the deposits made to vendors — i.e., your events space, caterer, band, photographer, florist — if you’re forced to cancel or postpone because of extreme weather, unexpected illness, military deployment, or for other reasons beyond your control.