Key Takeaways
Event Insurance Reimburses Lost Deposits If You Have to Cancel
Cancellation coverage kicks in for unforeseen circumstances like extreme weather, vendor bankruptcy, military deployment, or illness of the host. It covers non-refundable expenses you've already paid.
Liability Coverage Protects You If a Guest Is Injured or Property Is Damaged
If someone slips on the dance floor or a rented sound system gets knocked over, your policy can help cover medical bills, legal costs, and repair or replacement expenses.
Basic Policies Can Start as Low as $75 to $200
Cost depends on the type of event, guest count, location, duration, and whether alcohol is served. Optional add-ons for lost rings, gifts, and photos are available separately.
What is Special Event Insurance?
Special event insurance is a policy that protects your investment for a special event such as a gala, wedding, private celebration, memorial services, fundraisers, or corporate affairs. Event insurance covers many costs when you unexpectedly need to cancel the event, you are found responsible for property damage, or an injury occurs during the event. Some exclusions may apply.
Get a fast, free event insurance quote online through GEICO Insurance Agency and get the protection and peace of mind you deserve. Or call (800) 236-4252 to speak with an event insurance specialist.
What Does Event Insurance Cover?
Event insurance coverage helps protect you financially if something unexpected disrupts your special event. From weddings and milestone parties to large-scale private events, event insurance offers peace of mind for several types of special events.
Wedding & Event Cancellation Coverage
Event cancellation insurance reimburses you for lost deposits and non-refundable expenses if you have to cancel or postpone your event due to unforeseen circumstances, such as:
- Vendor bankruptcy
- Extreme weather
- Military deployment
- Accident or illness of the event host or immediate family member
Property Damage Coverage
If the venue or rented equipment is accidentally damaged during your event, property damage coverage can help pay for the repairs or replacements. Imagine a guest knocks over a rented sound system during your reception. This coverage can help cover the cost of fixing or replacing it without leaving you to foot the entire bill.
Bodily Injury Liability Coverage
If a guest gets injured at your event, bodily injury liability can cover medical expenses or legal costs if you’re held responsible. So, if someone slips and falls on the dance floor and requires medical care, this coverage can help with those expenses or related liability claims.
Lost or Damaged Items Coverage
Optional coverage is available to protect special items that are often central to weddings and events, like rings, gifts, photos, and videos. This coverage can help recover the losses if something happens, like if your wedding photographer loses or damages their memory card, or someone steals a table full of wedding gifts.
How Much Does Event Insurance Cost?
Event insurance isn’t one-size-fits-all. The total cost depends on several factors, including:
- Type of event (e.g., wedding, birthday, or corporate party)
- Coverage limits selected
- Number of attendees
- Event location
- Event duration
- Whether alcohol is served
- Optional add-ons like lost gift or ring protection
While prices vary, GEICO Insurance Agency partners with providers that offer competitive rates. Some policies may start as low as $75–$200 for basic coverage, depending on your event’s specifics.
To find a rate tailored to your plans, get a personalized event insurance quote in just a few minutes.
How Important is Event Insurance?
No matter how well you plan for an event, things can always go wrong. The unthinkable can happen: your venue closes without notice, a key vendor is unable to make it, or inclement weather forces you to cancel the event altogether. It's important to be prepared for all possibilities such as accidents, bankruptcies, and natural disasters.
Luckily, event insurance can help! An event insurance policy protects you from unexpected situations that lead to substantial costs, possible lawsuits, and loss of business. Some exclusions may apply.
What happens if that special event you've spent time and money planning needs to be called off or a vendor doesn't show up? If you purchase event insurance, it helps cover the costs you incur as the result of a cancellation or damaged venue.
Planning an Event?
Event insurance could help protect your big day from covered surprises.
