Festival Vendor Insurance
Put simply, festival vendor insurance is a policy meant to provide coverage to festival vendors for claims and lawsuits that result in your business's participation in the event. This could include claims made by aggrieved parties against your business on foodborne diseases, property damage, or bodily injury.
In the event that the court rules in favor of the complainant, this insurance should sufficiently address the costs of your defense and compensation subject to your policy's limits.
Similarly, suppose one of your employees accidentally spills water on expensive equipment or breaks something, and the event manager files a claim against your business; Once your claim is approved, your festival vendor insurance provider steps in to help you pay for the damaged equipment and could be instrumental in helping you fight the claim in court.
Food Vendor Insurance for Festivals
As mentioned, an aggrieved party might file a claim against your business on foodborne diseases or other food-related mishaps. When you have food vendor insurance for festivals, the insurer pays for the complainant's medical and legal costs resulting from said food-related claim.
Music Festival Insurance
Music festivals are pretty popular, especially during the summer months. Revelers will be looking forward to spending their day listening to their favorite tunes live. While music festivals are a big opportunity and quite fun, there's no shortage of risks. These large-scale events could end up with property damage or bodily injuries, especially if alcohol is involved. This necessitates getting music festival event insurance. The latter is a policy curated to protect you against claims associated with the musical event.
Music festival insurance contains several coverage options, including general liability that covers a broad range of potential exposures including property damage, injury, medical costs, and damage to premises that you've rented out. Note that the general liability coverage for music festivals works slightly differently from the general liability coverage issued for different industries. Specifically, the general liability might come with some exclusion, including protection against assault and battery.
Suppose there will be alcohol at the music festival. In that case, your music festival insurance will include liquor liability to safeguard you and the business from potential risks.
Now, suppose you are using your own equipment at the music festival. In that case, your insurance provider could include equipment breakdown coverage as part of your policy.
Finally, suppose you use any motor vehicle to dispense your services. In that case, you want your music festival insurance to include commercial auto insurance.
Music Festival Equipment Breakdown Insurance
Equipment breakdown insurance is a coverage for festival equipment that you own - speakers, lighting, stages, tents, etc. In a nutshell, when festival equipment becomes lost or damaged due to theft, fire, vandalism, and other covered perils, equipment breakdown insurance will recoup your investment or provide immediate replacements.
But what if you only rent festival equipment? Is there insurance you can use? Yes, there is - rental equipment insurance. If rented festival equipment becomes lost or damaged due to theft, fire, vandalism, or other covered perils, rental equipment insurance will reimburse the losses of the owner.
Commercial Auto Insurance for Music Festivals
Commercial auto insurance is useful if you're using a vehicle to transport equipment, materials, goods, and personnel for your music festival. Here are its functions:
Auto liability coverage - Auto liability coverage will cover losses if your music festival’s vehicle causes an accident where third parties sustained injuries or had their property damaged. For personal injuries, auto liability coverage will cover medical expenses. For property damage, this will reimburse the losses of the owners. In addition, auto liability coverage covers legal expenses such as administrative costs, compensatory payments, and attorney fees.
MedPay/personal injury protection - MedPay and personal injury protection cover the driver and passengers of your music festival’s vehicle. If an accident happens, MedPay will take care of the driver and the passenger’s medical and funeral expenses. Personal injury protection provides the same protection also but additionally includes coverage for lost income compensation, rehabilitative care, after-hospital visits, and more
Goods/equipment in transit insurance - You’ll never know what might happen to equipment or goods that you're hauling for the music festival. That’s why it’s smart to get goods/equipment in transit insurance. This endorsement to commercial auto insurance will cover losses if goods and equipment become lost or damaged due to fire, theft, vandalism, and other covered perils during the trip
Art Festival Insurance
Attending and participating in an art festival as a vendor is not only a fun experience but can also be quite profitable. You get to see potential clients view your work and admire your skills. Unfortunately, festival venues aren't always risk-free. There is a chance that a customer could claim that they got injured while at your premises.
That's where art fair insurance comes in. It covers you against any mishaps that might occur during the art festival.
Carnival Ride Insurance
Carnival rides hold significant risk from riders falling off to equipment malfunctioning. To protect yourself, consider getting carnival ride insurance to enjoy stress-free festival days. Carnival ride insurance has the following inclusions:
General liability insurance
Equipment breakdown insurance
Event cancellation coverage
Workers compensation insurance
General Liability Insurance for Carnival Rides
General liability insurance will cover expenses if a third-party sustained property damage or personal injuries because of a carnival ride accident and files a claim. This is very important because at least 29,000 injuries have been associated with carnival rides.
Equipment Breakdown Insurance
Carnival rides will eventually suffer defects. These are dangerous to guests if continued to be used. Immediate repair must be done. This is where equipment breakdown insurance comes in. If a carnival ride of yours becomes damaged, equipment breakdown insurance will cover its parts repair or replacement
Event Cancellation Coverage
There will be instances where a festival or any other special event such as a town party, or sports event that hired your carnival ride is canceled. Event cancellation coverage will help to recoup losses in this situation. Particularly, this will recover what you spent on the loading and transportation of your carnival rides.
Diwali Insurance
Diwali is celebrated for over five days, during which a lot could go wrong. As you partake in this celebration, you want to rest assured that in the event that a mishap occurs, you do not run the risk of mounting financial obligations, possible legal ramifications, and the likelihood of business closure. Diwali insurance offers just that by ensuring comprehensive coverage during the five days of Diwali.
Festival Insurance Cost
Festival insurance costs $150 for one day coverage. But note that your actual rate will be lower or much higher depending on how long the festival will last, its size, the cost input, location, number of attendees, and the risks involved. Take a look at the table below to know the rates of the best festival insurance companies.
| Cost for One Day Coverage | Best for |
|---|
| ACT | $49 | Craft festival insurance |
| RVNA | $50 | Festival general liability insurance with terrorism coverage |
| Markel | $75 | Cancellation insurance that provides coverage for festival cancellation, delay, or postponement due to extreme weather |
| CoverWallet | $133 | Festival insurance quotes comparison online |
| Thimble | $200 | Basic general liability insurance for festivals |
| Event Helper | $231 | Festival insurance that meets the requirements of venues and facilities |
Always compare quotes to find the best coverage for your festival. Check the offers and pricing of different insurance companies. Start doing so by clicking the "Get Quotes" button on this page.
Music Festival Insurance Cost
On average, music festival insurance costs $160.13 for one-day coverage depending on the insurance provider you go for.
