Who Needs Entertainment Umbrella Insurance?
If you’re in the entertainment business, you’ll need general liability insurance. This policy protects you against claims from third parties for property damage, personal injury, advertising injury, and more. Most businesses will require this type of coverage in order to film on location or rent facilities. It will also protect you in case you get injured or disabled during a show. Considering that most insurance policies for this sector have extremely low premiums, you’ll probably want to consider getting it.
The owner of a production company or a producer running the production typically purchases the original policy. In addition to the owner, the producer will likely be the point of contact for the insurance broker. The point person will need to be comfortable talking on the phone because they’ll need to make many phone calls. This way, you can discuss the policy’s terms and conditions and make the right decision. Your entertainment insurance broker will be more likely to have a better understanding of your needs and be able to give you the best advice for your particular situation.
Entertainment insurance is a great option for many entertainment businesses. It covers the risk of accidents to other guests and may protect your speakers. Most business owners purchase general liability insurance to cover accidents involving their customers. This coverage covers property damage or injuries to non-employees. For example, if you’re a wedding planner, you could be sued by a third-party for damaging a venue’s property.
The type of coverage offered by entertainment insurance varies. The most common one is liability insurance. It covers events and the costs involved in them. For example, if a speaker falls and is injured, the insurance covers the damage to the speaker’s equipment. It also covers legal expenses up to a limit, which can be important for any entertainment venture. This type of coverage is an essential part of any entertainment business. It will help you run your event smoothly, protect yourself from lawsuits, and protect your guests.