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Event Liability Insurance
Frequently Asked Questions
 
The Application Process
Coverage Questions
Glossary
Claims
Cancellation & Renewal
 
The Application Process
How quickly can I get my proof of insurance?
How quickly can I get my policy?
Which insurance company will issue my policy if I am approved and what is its rating?
Will you ask any questions about my claims history?
If the website gives me a quote, does that mean that you really do offer this insurance even though I can't seem to find it anywhere else?



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Coverage Questions
What are the specifics of the policy coverage if I am approved?
Do you offer liability?
Is property covered under a general liability policy?
Do I need liquor liability insurance?
What is contractual liability?
What does "This insurance is primary and non-contributory" mean?
Is an Accident Waiver & Release of Liability required on sports participant liability policies?
What is Products Liability?
What is Fire Damage Legal Liability?
What is Non-Owned and Hired Auto Insurance?
Why should I purchase Accident Medical Insurance if I have General Liability Insurance?
Do you offer medical insurance for spectators and participants?
Are acts of war covered?
Are acts of terrorism covered?
Does the medical insurance require me to use only your doctors?
What if I need emergency medical treatment?
Does the medical insurance cover pre-existing conditions?
Does the medical insurance cover prescriptions?
 


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Glossary
What is "occurrence"?
What does "aggregate" mean?
What is a "deductible"?
What is a "waiver of subrogation"?
 
Claims
How are insurance claims covered?
 
Cancellation & Renewal
What if I change my mind after buying the insurance?
Can I renew my policy?
 


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How quickly can I get my proof of insurance?
Within about 2 hours during the week. Within about 5 hours on the weekend.

How quickly can I get my policy?
Within 2 hours during the week. Within about 5 hours on the weekend.

Which insurance company will issue my policy if I am approved and what is its rating?
We use dozens of highly-rated nationally-known insurance companies. All companies are rated "A-" or better by A.M. Best.
Click here to view a list of insurance companies.

Will you ask any questions about my claims history?
Maybe. You will be advised if claims information will be needed after we receive your application.

If the website gives me a quote, does that mean that you really do offer this insurance even though I can't seem to find it anywhere else?
Yes. We partner with many different insurance companies and have dozens of plans to pick from and can often assist you when other insurance agents have failed at the task.



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What are the specifics of the policy coverage if I am approved?
All If you read all of these FAQ's, read the website as you proceed to get an instant quote, and read the sample policies; you will have a good understanding of the insurance coverage.
Click here to view sample policies.

Do you offer liability?
Yes. We offer general liability, personal liability, liquor liability, auto liability, worker's compensation, medical insurance, property insurance, and umbrella liability.

Is property covered under a general liability policy?
Yes, but general liability policies cover only other people's property that is damaged due to your negligence. General liability policies excludes property that you own, rent, borrow, or property that is in your care. Here is an example of the type of property a general liability policy insures: a person at the event trips and falls over a power cable you have improperly laid for your event and splits his lip and blood gets all over his $400 suit and $300 shoes. A general liability policy will pay to replace or clean his suit and shoes.



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Do I need liquor liability insurance?
It is recommended if you are selling, serving, manufacturing, furnishing or distributing beer, wine, spirits or alcohol at your events. The standard general liability policy excludes liquor related claims if you are in the business of selling, serving, manufacturing, furnishing or distributing liquor (alcohol, beer, wine, spirits, etc.). This exclusion applies even if you are "in the business" temporarily (example a 1 day event where liquor is served), and it applies even if you don't make a profit from the sale of liquor. Charging an entry fee to an "open bar" event is considered being in the business of selling liquor. Many, but not all, general liability policies include Host Liquor Liability. Host Liquor applies when hosts of a business or social functions serve alcohol without a charge.

What is contractual liability?
This is liability that you accept by contract. It is often seen in rental contracts as "hold harmless" or "indemnity" provisions. When you sign a rental agreement (you are leasing from someone else), you are often agreeing to hold the lessor harmless or agree to indemify him. When you do this, you are agreeing to reimburse him for damages he suffers as a result of a lawsuit involving bodily injury or property damage to someone as a result of your negligence while you are renting from the lessor.

What does "This insurance is primary and non-contributory" mean?
This language may be found in the contract you have with property lessors to assure that your policy will be the first policy to pay damages in the event of a claim and that you have not agreed to accept a huge deductible (ie $50,000) in exhange for both a lower premium and your agreement to personally pay for damages resulting in a claim. All of our liability policies are primary and noncontributory. There is a nominal deductible ($250-$1000) for property insurance policies.



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Is an Accident Waiver & Release of Liability required on sports participant liability policies?
No. A accident waiver is only needed for contact sports such as martial arts. After your application and estimated premium payment is received, you will be notified immediately if this waiver is required.

The participant and spectator medical insurance that we offer is not intended to replace comprehensive health insurance. All participants and spectators who fear bodily injury and subsequent unaffordable medical costs should purchase comprehensive medical insurance which can be instantly purchased on our website. (Click here to get an instant quote.)

Although this is not required on all policies insuring participant and spectator medical expenses, a waiver is always recommended. Waivers can help reduce or eliminate potential liability claims against you. A waiver is strongly recommended if injuries are expected for the sport the participant is involved in.

The biggest benefit to requiring participants to sign this waiver is because this waiver could protect you from 1) a claim that may exceed your policy limit and 2) the hassle of attending court hearings and trial in a civil lawsuit.

What is Products Liability?
Products liability insurance provides protection for you against injury to members of the public caused by a defective product you either manufacturer, sell, or give away. Most, but not all, general liability policies automatically provide products liability coverage. Sometimes, a general liability policy will exclude products liabiliy coverage if the insured sells, manufactures, or gives away products are considered hazardous such as motorized vehicles, tobacco, etc.

Here are a few examples of product liability claims:

1) A jeweler sells a pair of earrings at a local arts and craft fair. The buyer develops an infection after wearing the jewelry resulting in medical bills and lost time from work.

2) A spectator purchases a souvenir t-shirt sold by the promoter at a concert. The shirt was improperly labeled and contained fabric the spectator was allergic resulting in bodily injury and medical bills

3) A food vendor sells food that is contaminated. As a result, some customers get food poisoning resulting in bodily injury and medical bills.



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What is Fire Damage Legal Liability?
Fire Damage Legal Liability is included in most, but not all general liability policies, and provides you coverage if you're legally responsible for any fire damage to a building you lease, rent, or borrow. Example: You rent a Hotel Ballroom for a birthday party. While lighting the candles on the birthday cake, you accidentally set fire to the drapes causing scorch and smoke damage to the wall and ceiling. Fire Damage Legal Liability would cover you for the costs to repair the damage. All of our general liability policies include at least $300,000 of Fire Damage Legal Liability.

What is Non-Owned and Hired Auto Insurance?
Non-Owned & Hired auto liability covers bodily injury and property damage caused by a vehicle you hire (including rented or borrowed vehicles) or caused by non-owned vehicles (vehicles owned by others, including vehicles owned by your employees). It usually does not pay for physical damage to the vehicle itself; that's covered by the owner's insurance. Although this option is sometimes available. Whether you realize it or not, as a business owner, you at least occasionally find yourself in situations where this coverage is needed. Errands and rental situations always come up.

Example:
You send an employee to pick up lunch.
While on a business trip, you rent a car.
To impress a visiting client, you send a limo to have him picked up.
An employee runs to pick up office supplies.

This coverage will pay if there is an auto accident and you are sued. You don't have to own a business vehicle to have this coverage.



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Why should I purchase Accident Medical Insurance if I have General Liability Insurance?
Accident Medical Insurance, unlike General Liability insurance, is payable without regard to fault and is intended to reimburse the participant for out-of-pocket medical costs in the event of bodily injury during your event. You do not have to be responsible for the accident in order for coverage to apply. General Liability Insurance, like all liability policies, provides coverage for the injured person's medical expenses only if the insured is responsible for causing the bodily injury. General Liability is the more important of the two policies. Most venues/locations will require general liability, not accident medical.

Do you offer medical insurance for spectators and participants?
Yes.

Are acts of war covered?
Not usually. But most policies cover terrorism.

Are acts of terrorism covered?
Yes, if requested. Some insurance companies automatically include this coverage; others make this coverage optional.

Does the medical insurance require me to use only your doctors?
No. Go to any doctor you want.



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What if I need emergency medical treatment?
For emergencies, dial 911.
Click here for claims handling information.

Does the medical insurance cover pre-existing conditions?
No.

Does the medical insurance cover prescriptions?
Yes.





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What is "occurrence"?
We offer policies that give you up to $1,000,000 per claim. This is commonly entered on your policy as $1,000,000 of coverage per occurrence.

What does "aggregate" mean?
If you have a policy offering up to $1,000,000 of coverage per occurrence and a $2,000,000 aggregate; your policy can cover you for more than one claim, but your policy will never pay more than $2,000,000 for all claims total.

What is a "deductible"?
This is the amount that you must pay out of your pocket before your insurance policy starts to pay for your damage. For example, if you have property coverge with a $1,000 deductible and you have a theft of $500 worth of property; your insurance company pays nothing to replace your property because your loss was less than $1,000.

What is a "waiver of subrogation"?
A waiver of subrogation is optional and typically costs about $100. It prevents your insurance company from seeking reimbursement from other insurance companies that insure the same location or the same event for claims paid. You don't typically need this optional coverage. It does not provide any protection for you. But an owner of a location may require you to have it because he doesn't want your insurance company seeking reimbursement from his insurance company. You will know when this optional coverage is required when the owner of the location tells you that is is required.





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How are claims handled?
Click here for detailed information.

Are claims paid in US dollars?
Yes.

What if I change my mind after buying the insurance?
Once coverage is issued, there are no refunds.


Can I renew my policy?
Most of the time.



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Chase Carmen Hunter, www.ChaseAgency.com, and Chase Financial Services Since 1993 offer services to residents of any country in the world including the following states of the United States of America: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming. Not all products are available in all states.