Party Rental Insurance
If there's a business that's serious about parties, it has to be a party rental business. Are you running one and taking charge of organizing the exciting parties clients have in mind? But while the end goal is to create a fun experience, exposures require that you, as the business owner, purchase insurance for party rental business. Inclusions are as follows:
General liability insurance - Covers costs if an accident happens in the premises of your party rental business that inflicted personal injuries or property damage to third parties. This one comes with product liability insurance which covers cost if rented equipment such as a bounce house is defective and caused injuries or property damage to the renter
Equipment breakdown insurance - Equipment breakdown insurance for party rental companies will cover losses if the client damaged rented equipment
Commercial property insurance - Commercial property insurance will recoup losses if your party rental business’s building and the contents inside become damaged or lost due to fire, theft, vandalism, and other covered perils
Workers compensation insurance - Workers compensation insurance will cover costs if an employee of your party rental business experiences a work-related injury or disease. Coverage extends to expenses for medical treatment, hospitalization, rehabilitation, medication, lost income compensation, and death benefits
Tent Rental Business Insurance
Tent rental business insurance is a tailored protection for businesses renting out tents for parties and other events. Inclusions are general liability insurance, equipment breakdown insurance, and commercial property insurance. That said, the features of the coverage aren't very different from party rental insurance.
Party Rental Insurance Cost
On average, a party rental business in the United States will spend approximately between $500 and $1,000 per year on a party rental insurance cover of $1,000,000. The monthly premium rates will range between $41.66 and $83.33 depending on the coverage the policyholder has bundled together, the location of said party, claims history, business history, and more.
Party Bus Insurance
Owning and operating a party bus is, without a doubt, exciting. You take on the responsibility of ensuring that customers on your party van have the best time of their lives.
Beyond the enjoyment, however, lies a great responsibility. You are solely in charge of ensuring that passengers on your party bus stay safe the entire time they are within the vehicle. This responsibility can be quite overwhelming, which is where party van insurance comes in.
Most often, the party bus insurance will include general liability insurance that protects your business in the event that a passenger on the party bus gets injured. Moreover, since most party buses will have alcoholic beverages, some insurers will include liquor liability insurance as part of the party bus insurance. Further, since you probably will probably hire additional drivers as your party bus business grows, you should consider bundling workers 'compensation insurance into your party bus insurance policy.
Add commercial auto insurance for your party bus’s tailored coverage. Commercial auto insurance for party bus provides the following protection:
Auto liability coverage - Your party bus will cause an accident and injure third parties and damage properties. Auto liability coverage will help with this. When aggrieved parties file a claim, auto liability coverage will cover medical expenses and reimbursements for damaged properties. Note that injuries or property damage of passengers are excluded by auto liability coverage
Physical damage coverage - Physical damage coverage sees to it that your party bus gets back to its pristine shape after incurring damage. This has two forms - collision and comprehensive. Collision physical damage coverage will cover parts repair or replacement if your party bus rammed a vehicle or an object. On the other hand, comprehensive physical damage coverage will cover parts repair or replacement if your party bus got damaged by fire, wind, vandalism, theft, and other covered perils
MedPay/personal injury protection - MedPay and personal injury protection functions to protect the passengers and driver of your party bus. If the passengers and drivers got injured because of a vehicular accident, personal injury protection provides help by covering medical expenses, funeral expenses, lost income compensation, after-hospital visits, etc. On the other hand, medical protection does the same but only covers medical and funeral expenses.
Party Bus Insurance Cost
The average party bus insurance will cost $25 per month or $300 per year for a $1 million general liability insurance.
When deciding the cost of your party bus insurance, the insurer will consider the type of vehicle, the routes taken, and activities likely to be carried out on the bus.
To keep your premiums low, consider having stringent safety measures in place. That way, there's little risk of property damage and bodily injury within the confines of the party bus. Also, get the best coverage by comparing quotes online.
Birthday Party Insurance
Birthday parties are all fun and games until one of the parties in attendance damages the venue's property, or they end up getting hurt and consequently filling a claim. Given the risk therein, it is only right to put a hold on the birthday party celebrations until you purchase the right party event insurance.
Birthday party event insurance protects the birthday party's host from the financial ramifications resulting from any liability claims filed by an aggrieved party. Other than the event host, this birthday party insurance should cover the party planner and, in some instances, the venue management.
Public Liability Insurance for Birthday Parties
Right out of the gate, it is prudent to mention that while the law doesn't mandate a public liability for private birthday parties, said parties with members of the public require that the host of the private party purchase public liability insurance.
This public liability insurance for birthday parties should cover you from any claims filed by the members of the public. The provider covers any costs that might arise as a result of the said filed claim. The policy extends to any property damage caused by party attendees.
Block Party Insurance
Imagine a scenario where part of the setup is damaged during a block party, or an individual falls, trips, or possibly causes harm. In these litigious times, where a lot more people are aware of their legal rights, you are prone to getting sued or, worse still; incur the risk of meeting the financial responsibility resulting from the legal action.
That's why getting block party insurance is a must.
Your block party insurance will often include street party cancellation and disruption insurance. You also can get one-day party insurance, which should cover any unplanned occurrence on the day of the block party.
Note that while some local council might not insist on getting street party event insurance, it's still best that as an event organizer, you get one to cushion you from bearing the legal responsibility if something were to go wrong.
Further, it is prudent to mention that a club or association insurance will often not be sufficient as this does not extend to outdoor events.
Pony Party Insurance
Little is as invigorating as a pony party. Unfortunately, much as it is gratifying, pony parties hold quite the risk. It would be an understatement to say ponies are unpredictable. Suppose you are an owner or operator of a pony ride business, or you are considering including pony rides for your party. In that case, you must get a pony party insurance cover.
Pony party insurance is meant to protect you from public liability in the event that a party goer falls off during a ride. What's more, the pony party insurance should cover you against employer's liability and the legal expenses that come as a result of being sued by the aggrieved party. As a policyholder, you can either get a one-off insurance cover or an annual policy subject to the number of pony parties you intend.
Overall, lining up your ponies and rallying everyone up in anticipation of the exhilarating ride is not enough. You've got to ensure that you have the right cover that way; you protect yourself and the pony rider.
Pony Party Insurance Cost
As highlighted, pony parties hold significant risks. The tradeoff is that pony party insurance will be a bit pricier. Specifically, a pony party insurance will set you back on average between $800 a year or $66.66 per month. Suppose you are looking for a one-off insurance cover for the pony party. In that case, you can negotiate the rates with the insurance provider.
Hen Party Insurance
Hen parties are a great deal of fun. It's the perfect opportunity to meet up with the girls and enjoy the bride-to-be's last night of freedom. Most often than not, these hen parties end up wild and depending on who you are and where the party was held, a couple of issues might crop up.
Suppose, for whatever reason, the hen party gets out of hand, or it doesn't happen in the first place. In that case, you want to have a comprehensive cover in the form of hen party insurance.
The hen party insurance should cover:
Medical emergency costs
Theft and loss of gifts and other personal items
Personal liability in the event that a party gets injured
Personal accident coverage in the event that you do get hurt
Granted, the hen party insurance might not be a failsafe for everything that might go wrong. Still, it should give you some peace of mind and let you enjoy the hen party without worrying about what could go wrong.
