Arks
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- May 22, 2010
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As I've mentioned before, my sister is currently remodeling a 5,500 sq. ft. building to become an event center. Weddings, receptions, lectures, reunions, parties, small trade shows, bingo, whatever. I've found lots of online samples of event center rental agreements, and they ALL mention requirement of both a security deposit and special event insurance.
I'm thinking the simplest way to handle the insurance is for us to secure the insurance for the renter, since we'd be doing it a lot and know the ropes, and have the insurance cost built into the cost we quote for the rental. Or, maybe the renter needs to actually take out the insurance themselves rather than us handling the paperwork for them, but I don't want to rely on them regarding finding and getting the insurance. I want to be sure they get it, and that it's a simple process for them.
So I'm wondering, those of you who host weddings, receptions, etc. at your property, how do you handle the insurance? Any recommendation on what company to use. I found several online, but don't know if there's one better than another.
Thanks!
I'm thinking the simplest way to handle the insurance is for us to secure the insurance for the renter, since we'd be doing it a lot and know the ropes, and have the insurance cost built into the cost we quote for the rental. Or, maybe the renter needs to actually take out the insurance themselves rather than us handling the paperwork for them, but I don't want to rely on them regarding finding and getting the insurance. I want to be sure they get it, and that it's a simple process for them.
So I'm wondering, those of you who host weddings, receptions, etc. at your property, how do you handle the insurance? Any recommendation on what company to use. I found several online, but don't know if there's one better than another.
Thanks!