Special Event

It’s common for a charter school to hold a special event such as a fundraiser or carnival at the school location. There are different special event business insurance policies you should consider, based on the different risks you may be exposed to. The following are the most essential: 

Special Event General Liability Insurance

Damage to Premises Rented to You (Property Damage). Damage to your rented premises is the first type of insurance coverage under general liability. It is a type of property damage that protects any damage you might cause during the event. Since you are renting their property, you are responsible for damages. Without insurance, if it is major damage due to an unfortunate accident, you would have to pay for this damage on your own. It covers all of this damage with premises coverage, including repairs the property manager needs to make.

Bodily injury. Another type of accident that might happen during the event is bodily injury to one of the guests. This can happen if there is a food or drink spill that someone slips on, breaking their ankle. The medical and legal costs associated with bodily injuries are protected by general liability insurance.

Property of Guests. If a guest damages their cell phone or laptop at the event, these would be covered under the General Liability if the event’s operator is responsible.

Personal and Advertising Injury. Finally, general liability insurance includes personal and advertising injury coverage. This includes financial and legal protection for your special event business based on the advertising you have. If you claimed something about your competition during advertisements for your own special event company that later turned out to be false or injured them, they could sue you for it.

If you would like to find out more about insuring a special event at your school, please give our office a call.