Down & Dirty Event Insurance Planning Checklist for 2012
Here we are folks, at the beginning of a new year. Many of us are looking forward to all that lies ahead and starting to plan. If you are an Event Producer then you are probably already hard at work buying talent, negotiating your venue contract, working with venues, etc. And, even though I know you don’t want to think about this now, it’s not too early to starting thinking about your event insurance needs.
So, to start out the New Year I wanted to give you a “down & dirty” checklist to help get the ball rolling with your Event Insurance Coverages and Risk Management Planning:
- What coverage(s) do you need? (General Liability, Leased / Rented Equipment Coverage, Vendors Coverage, Umbrella Coverage, Volunteer Accident Coverage, etc)
- By when do you need your coverage(s) in place?
- Are you making a list of any special insurance requirements in your various contracts?
- Have you reviewed your needs with your insurance broker?
- Have you started to develop your safety team?
- Have you updated your risk management / safety checklist?
- Have you started collecting Certificates of Insurance from Vendors & Contractors and do you have a coverage review procedure in place?
This list is by no means comprehensive but hopefully itwill help you to at the least get the thought process started. As always, we encourage you to talk to your insurance and risk management professionals about all of these issues so that you can ensure you have the right coverage’s in place. And, of course, we are always happy to answer your questions if you give us a call at 888-647-4777.
Also, Parts 2 through 6 of our series “Safety Planning and Event and Festival Insurance” will be published throughout the month of January so be sure to check back!