Insure Your Summerville Business for Event Season

Event season is on the horizon, which means local businesses will have many opportunities to grow but also face increased risks. Make sure you have the right insurance coverage for your business by reviewing your coverage and preparing for the unexpected.

Essential Insurance Coverages for Event Season

Consider the following coverages for your business:

• General liability insurance—This can financially protect your business against claims of bodily injury, property damage, or personal or advertising injury. This can be especially crucial if your business sees increased foot traffic during events.
• Commercial property insurance—This can help cover your inventory, equipment, and physical space from fire, theft or weather damage, which can be especially helpful for late summer storms that form quickly.
• Event cancellation coverage—This coverage can help if your business directly hosts events. It may help recover costs if an event is canceled due to illness, weather or other reasons as outlined in your policy.
• Product liability insurance—Often included within general liability insurance, this coverage can be helpful if you sell crafts, food, or other products. It can cover your business against claims related to product defects or harm.
• Workers’ compensation insurance—This can help cover lost wages and medical expenses for employees who suffer an injury or illness on the job. It may be required for employees, including seasonal staff hired to help during events. Check with your insurance provider to see if you must carry this.

Contact Us

Business owners are familiar with planning and facing the unexpected. Being vigilant about increased risks during the busy event season is crucial. Review your insurance policy and make adjustments if you plan to host or participate in events. Contact Cornerstone Insurance Group LLC in Summerville, SC for more information.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.