Holidays are a time for celebration but also a time to be prepared for the unexpected. Anytime people are on your property you’re exposed to additional risks, such as accidents, injuries, or property damage. Here are some things to think about if you plan to host a gathering.
Getting together with family and friends is a common tradition during the holiday season. If, however, you’re the one doing the hosting you’ll need to consider what could go wrong, such as guest accidents and guest injuries.
If an accident happens to a licensee (see definition below) and there are contractor injuries, you may be financially liable. It’s a good idea to consult with an insurance professional to understand your coverage and make any needed additions. If you hire a service provider, such as a caterer, bartender, or valet, make sure they’re licensed, bonded, and insured. Ask to see a copy of their current insurance policy to ensure it’s active and includes a liquor liability endorsement. Proper coverage will depend on the type of work and what you’re trying to protect. Here are some things to consider.
If your gathering is being held at a business, you’ll want to talk to the insurance provider to make sure property liability and premise liability coverage in place.
The whole point of hosting a holiday gathering is to have fun and celebrate with friends and loved ones but that doesn’t mean you shouldn’t be ready if something unexpected happens.
If you’d like to talk about having the right coverage for hosting an event, let us know, we’d be happy to help.