Behind the Scenes: How Event Insurance Protects the Entertainment Industry

 In Event Insurance

Whether you’re an insurance agent or broker, understanding the intricacies of entertainment insurance is essential for effectively supporting your clients’ best interests. This knowledge enables you to provide comprehensive coverage solutions, protect against potential liabilities, and ensure the success of their events. 

The entertainment industry is large and complex—with a wide variety of businesses that all need unique event coverage. 

Common sectors of the entertainment industry include: Amusement park ride.

  • Film and Television: Movies and TV shows
  • Music: Recording, production, live performances, streaming
  • Theater and Performing Arts: Plays, musicals, opera, ballet
  • Events and Festivals: Live events, concerts, festivals, exhibitions
  • Theme Parks and Attractions: Amusement and water parks
  • Sports and Recreation: Professional sports, leagues, recreational activities 

In this article, we will cover the unique insurance challenges faced by entertainment industry businesses as well as share solutions provided by Event Insurance Now

What is Entertainment Insurance? 

Entertainment insurance is a broad term used to describe a series of policies that work together to provide coverage to entertainment businesses. This coverage extends to reimbursing damages, compensating for employee and guest injuries, and more.

What Types of Entertainment Insurance Do I Need?  

We always recommend working with a company that specializes in the entertainment field to help you secure the special event coverage your clients need. However, general liability insurance and cancellation coverage are usually required.

Below are a few of the most common risks to be aware of when shopping event insurance companies.

Common Insurance Risks in the Entertainment Industry  Three people standing under a beige umbrella.

  • Event Cancellation: Weather, natural disasters, or emergencies causing cancellation or postponement.
  • Liability Claims: Injuries or property damage leading to legal claims.
  • Equipment Damage: Loss or damage to cameras, lighting, sound systems, and instruments.
  • Property Damage: Damage to the venue or rented property.
  • Cast and Crew Injuries: Accidents or health issues affecting performers or staff.
  • Non-Appearance: Performers or speakers failing to appear due to illness or travel issues.
  • Liquor Liability: Incidents from serving alcohol, including underage drinking.
  • Weather-Related Risks: Disruption of outdoor events due to adverse weather.

Solutions for Entertainment Insurance Brokers & Agents

Our online platform was built so both event organizers and insurance brokers can instantly quote several classes of special event coverage. Event Insurance Now also offers a 10% commission to agents and brokers on most options with no commitment to volume. 

Whether you’re an entertainment insurance broker or event organizer, we have a knowledgeable team standing by to answer any questions you might have. Contact us today to learn more. 

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