Understanding Renter's Insurance Plans Understanding Renter's Insurance Plans

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Understanding Renter's Insurance Plans

Hi everyone, my name is James Lewis. Welcome to my website about renter’s insurance plans. When I was renting an apartment years ago, I came home to find the place absolutely soaked with water. Turns out, the neighbor upstairs had an incident with the water heater that was not discovered for hours. Unfortunately, at that time, I did not think to acquire renter’s insurance to cover the damage. Since then, I have explored renter’s insurance options in great detail. I want to share that information on this site to help others understand the important of this type of insurance coverage. Thanks for visiting my site.


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Event Cancellation Insurance: What You Need To Know

When it comes to special events – whether it is a wedding, corporate picnic, or something else entirely, there is a lot of time, money and effort put into planning the event. You have a lot invested in it and you don't want to lose money on it in the event something goes wrong. Unfortunately, there are some things that can happen that are simply beyond your control. When these things happen, the event may have to be cancelled, which could result in a financial loss and possibly even a lost business opportunity, depending on the type of event. Luckily, special event cancellation insurance can help protect you and possibly even help you recover losses.

What Types of Things Can Event Cancellation Insurance Cover?

  • Damage to the Venue – If a storm blows through the town and the venue where you were planning on holding your event sustains severe damage as a result – damage so severe that it is no longer safe to hold your event, this coverage may reimburse you for the deposit that you paid to secure the venue.
  • Special Attire – If you are getting married and you sent your wedding dress to get professionally pressed, yet it was burned in the process, this coverage could assist with the cost of the repair or replacement of your dress.
  • Event Photographs – All big events need a professional photographer. Unfortunately, he or she may not show up to the event or copies may get lost or damaged (or just not provided to you). When this happens, this coverage may reimburse you for your deposit or any payments that have been made to the photographer.
  • Military Deployment – When an event must be postponed or cancelled due to the military deployment of an event organizer, immediate family member or active event participant, then this coverage may assist in reimbursing you for any fees that are lost in the process as a result.

What Will Event Cancellation Coverage Not Cover?

As with all insurance, there are certain exclusions. There may be certain locations that event cancellation insurance will not cover, so make sure that you inform the insurance agent of the location of the event before purchasing. Also, while extreme, unforeseen weather will often be covered, predictable weather usually will not be. For example, a traditional rainy day is not likely to trigger the coverage.

If you are interested in obtaining special event cancellation insurance for your upcoming event, talk to a local insurance agent, such as at Great Lakes Public Adjusting, who can explain the procedures, exclusions, etc. in detail and help you determine amount of coverage that you need based on the size of your event.