I am in Galveston, TX and I am looking to host a large outdoor fundraiser for a non-profit organization. What type of insurance will I need to cover the event? Where can I look to find more details and how much does this insurance usually cost? Thanks!
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3 Responses to What insurance is needed in Texas to host a non-profit fundraiser?
loves christmas lights
November 23rd, 2009 at 1:14 pm
It will be liability, ncase someone or someones property gets damaged, and it wont be cheap. Call and get many quotes, I would get at least 10, but you will need to know the location and amount of people. A good insurance agent can help you find all the information needed to get a quote. The zip code is most likely a factor, just as with car and home insurance. So knowing which zip codes in your area might be a good way to save money, look at serveral options, then, contact the owners of said locations, and ask them, what they will require, to rent you the location, because it is what the owner wants that you will have to get, and also, it involves getting city permits, so call your local city to find out what those costs, and any possible city requirements besides permits might be required, as in police on site for emergencies, etc. Know your liability.
UCANTCME
November 23rd, 2009 at 1:57 pm
You will need to get an umbrella liability policy that has coverages in the area of 2 to 10 million dollars in the event of an accident…….
Umbrella liability is relatively affordable, can be easily coordinated with this fund raiser…
With Americas love affair with lawsuits, you cant afford to not have umbrella liability insurance.
Path
November 23rd, 2009 at 2:01 pm
insurance tips :
http://insurance6.cn