Business Function Insurance

Business events, like parties and dinners can impact the success of your company significantly. These events can be used to reward or motivate you employees, which can improve workmanship and production. That can lead to an increase in sales and profit. If you use the event to increase awareness of your company, it can attract potential clients. 

Business functions are important, but they’re also expensive to plan and host. Regardless of how much planning has gone into the event, there’s no promise that it’ll happen smoothly. There is something called special events coverage that provides protection in case a function is canceled due to weather or there’s a problem with the location. It’s also helpful in preventing loss in case a sponsor falls through or a vendor doesn’t show up or doesn’t carry out their responsibilities as agreed upon.

 Additionally, special events insurance can protect your business from legal responsibilities should an accident occur and someone is hurt or property is damaged. Even if alcohol is the reason behind the accident.

Regardless of whether the venue your function is being hosted at requires it or not, it’s wise to have special events insurance. Keep in mind special events insurance has lots of different options for coverage, as well as varies in regards to deductibles and limits, which makes premiums more affordable and flexible. Nonprofit organizations can use this insurance too, when holding fundraising events. 

Give us a call at 800-362-2809 to find out more about business function coverage and to learn about how other kinds of Houston commercial insurance can protect your business. Our agents will help you figure out the best type of insurance for your business.