8 Ways To Slash Your Event Insurance Quote By Up To 37% (plus a surprise at the end!) 

Written by

in

Event Insurers want your money…period. They will try to put your event risk level as high as possible to get the maximum they can out of your budget. So here are 6 ways to avoid that and keep your budget intact.

  1. Do Your Homework
    By that I mean doing an event specific risk assessment. Yes I know it’s bit of work but it proves to your insurer that you are serious about reducing the amount of risk they have to insure.
  2. Inform Your Insurer
    Let your insurer know you are doing everything possible to reduce the risk for them. Send them your safety management plans, site layout and, you guessed it, your risk assessment. Anything that shows them you are a professional and you are keeping risk at a minimum.
  3. Qualifications
    Send your insurer your qualifications as a professional as well as the qualifications of your key personnel. This way they know that the event is being built by people that know what they’re doing.
  4. Permits
    Show your insurer that your event has been inspected by authorities and that they deem the event to be safe by issuing a permit. Include special permits for fireworks or laser shows.
  5. Reduce Hazards
    Look at the activities you’ll be doing and see if you can do them in a safer way so that the risk level of something happening goes down. For example: You’re having fireworks. By using a reputable fireworks company, increasing the distance to the fireworks or using non flammable decorations, you’ve reduced the risk of a fire breaking out.
  6. Shop Around
    I know this is a no brainer, but get at least three quotes using the above mentioned and you’ll see which insurer is willing to give you the best value for your money.
  7. Negotiate
    Once you’ve done any or all of the above you’re in a great bargaining position to talk to your insurer about reducing your insurance premium. And you’ve saved your budget!
  8. Get an event safety advisor to at least look at your set up. With an expert eye, they’ll see things you haven’t and most likely stop something bad happening. 

Bonus tip:

Up till now we’ve only talked about insuring individual events. Here’s the thing…the same goes for your company’s insurance policies. You can use the same tips to reduce your yearly insurance costs. I know many event agencies that did and they reduced their insurance costs by up to 37%. So get out there and start talking to your insurer and let the money saving begin.

Now you have my best tips to reducing your event insurance costs. If you want to find out more about event safety, crowd safety and my online trainings click here.

Comments

30 responses to “8 Ways To Slash Your Event Insurance Quote By Up To 37% (plus a surprise at the end!) ”

  1. buy enclomiphene generic brand

    discount enclomiphene generic ireland

  2. acheter kamagra en australie

    kamagra en ligne sans ordonnance canada

  3. buy cheap androxal lowest cost pharmacy

    how to buy androxal cost uk

  4. how to order dutasteride cost effectiveness

    buy cheap dutasteride cost at costco

  5. Buy flexeril cyclobenzaprine online without a script

    online order flexeril cyclobenzaprine lowest cost pharmacy

  6. where to buy cheap gabapentin no prescription

    cheap gabapentin australia buy online

  7. fildena fed ex cheap

    buy fildena overnight fedex

  8. purchase itraconazole generic cheap

    buy cheap itraconazole price south africa

  9. cheapest buy staxyn generic available in united states

    cheap staxyn no prescription next day delivery

  10. purchase avodart australia pharmacy

    avodart without a perscription canadian

  11. purchase rifaximin usa seller

    were can i get generic rifaximin online cheap

  12. buy cheap xifaxan no prescription overnight delivery

    discount xifaxan canada suppliers

  13. kamagra poštovní objednávkou

    kamagra bez předpisu

  14. viagra sildenafil

    viagra sildenafil

  15. fluconazole 150 mg for uti

    fluconazole 150 mg for uti

  16. lasix water pill

    lasix water pill

  17. lasix diuretic for dogs

    lasix diuretic for dogs

  18. tadalafil 10mg review

    tadalafil 10mg review

  19. avanafil stendra price

    avanafil stendra price

  20. tirzepatide vs semaglutide cardiovascular benefits

    tirzepatide vs semaglutide cardiovascular benefits

  21. xenical price walmart

    xenical price walmart

  22. doxycycline capsule 100mg used for

    doxycycline capsule 100mg used for

  23. doxycycline side effects headache

    doxycycline side effects headache

  24. flagyl side effects rash

    flagyl side effects rash

  25. tadalafil generic price

    tadalafil generic price

  26. prescription minoxidil pills

    prescription minoxidil pills

  27. toradol pain treatment

    toradol pain treatment

  28. ivermectin scabies oral therapy

    ivermectin scabies oral therapy

  29. ivermectin mechanism review

    ivermectin mechanism review

  30. minoxidil density improvement data

    minoxidil density improvement data