Monthly Archives: July 2014

5 Reasons Why You Should Acquire Event Insurance For Your Special Event

When most people think about insurance policies, they think of them in the traditional varieties of car insurance and homeowner’s insurance. However, there is another type that event organizers and vendors should be well aware of: Special Event Insurance.

Special Event Insurance is just that, a specially tailored insurance policy that may be purchased for a wide variety of events from car shows and fundraisers, to theatrical performances and much more.

Below are 5 reasons why purchasing event insurance for your special event is money well spent whether you’re organizing the event or are a vendor.

1) Accidents
How many times have you seen or read news stories about mishaps at events? Regardless of what type of event is being held, accidents can happen and an event insurance policy is essential for the protection of organizers and vendors alike.

2) Property & Damage to Premises
Whether you’re renting a venue space or having an event in a private residence, regardless of the amount of people in attendance, chances are high for some premises damage.
To give a short example, if you rented a space and a fire occurred during your event that caused $92,000 in damages, the cost of repairs would be fully covered by the policy pending if your damage to premises limit was $100,000.

3) Care, Custody, Control Liability
Most liability policies have provisions that exclude coverage for physical damage or loss to property while it is in the care, custody or control of the event organizer or vendor but with special event insurance, it is a coverage that can be added if desired. A great example of how this is type of liability is beneficial is the case of Caroline and her husband’s 50th birthday party. Caroline rented an elegant ballroom for her husband’s birthday party and unfortunately a bottle of red wine was broken during the celebration, staining both the custom Persian carpet and adjacent travertine floor. The owner of the ballroom sued Caroline to recoup the expenses to replace the entire carpet and a large section of travertine floor – amounting to $48,500. Fortunately for Caroline, she had purchased the Care, Custody, Control Liability, so the loss was covered.

4) Liquor Liability
Liquor Liability provides coverage and defense for an event holder who charges for alcohol and is sued for bodily injury or property damage caused by intoxicated event guests. If there is any money changing hands and alcohol is served, Liquor Liability coverage provides the proper protection needed by event holders and vendors alike.

5) Comprehensive
When you break it down, event insurance is all about protection. The most important benefit of event insurance is that it is a single, comprehensive policy specifically tailored to the needs of those holding special events or providing vendor services at events.

Special Event Insurance Featured On Newly Launched Fireman’s Fund Website

Firemans Fund Fireman’s Fund announced the launch of it’s newly revamped website today and we are thrilled to share that Special Event Insurance is featured on the site.

For those unfamiliar with Special Event Insurance, Special Event insurance through R.V. Nuccio and Associates provides specialized, wide-ranging coverage options for public and private events such as wine tastings, dance recitals, fall festivals and much more!

You planned the perfect event, now plan and protect for the unexpected with Special Event Insurance by R.V. Nuccio and Associates!

For a quick and easy way to get a quote or even purchase a policy, visit
SpecialEventInsurance.com or call 1-800-364-2433.