Concert Venue Insurance Made Easy

Concert venues can be a hub for fun and excitement. From live music to energetic crowds, they are often the source of many lasting memories. In that lively environment, however, there are risks present, including property damage and bodily injuries. Obtaining concert venue insurance from BigInsurance.com can help protect your operations. Contact us today for more information.  

What Is Concert Venue Insurance? 

Concert venue insurance is a type of commercial insurance, and it can help offset financial losses your business experiences in conjunction with running your business. Several difference coverages are available, and policies can typically be tailored for your facility.

What Does Concert Venue Insurance Cover? 

Concert venue insurance may provide several protections, including: 

• General liability coverage —This may help protect you from claims arising from your business operations. Items under general liability coverage typically include bodily injury or property damage. It may also include coverage for non-bodily personal injuries such as libel and slander and advertising injury such as copyright infringement and misappropriation of advertising ideas. 
• Commercial property coverage —This may provide protection for your business’s property from unexpected events such as fires, burglaries or other named perils. Covered property may include the physical building, computers and equipment.
• Workers’ compensation insurance —This may provide coverage if there are claims from your business’s employees regarding work-related injuries or illnesses.
• Equipment breakdown insurance —This could provide coverage if your mechanical, electrical, HVAC or computer systems breakdown due to covered events such as power surges, shorts or operator errors.
• Cyber liability insurance – This may provide coverage in the event of a data breach or cyber attack. 

Depending on the services your concert venue offers, there could be other coverages to consider, including:

• Commercial auto insurance—if you utilize vehicles as part of your operations.
• Liquor liability insurance—if you serve or allow liquor on your premises.
• Food spoilage coverage—if you store perishable goods at your facility.

The above list is not all-inclusive. Depending on your operations, a business owners policy (BOP), which can be a cost-effective way to bundle essential coverages, may be available. The professionals at BigInsurance.com can discuss your concert venue’s needs and help you determine the right coverages. Contact us today to discuss options, exclusions and policy limits. 

How Much Does Concert Insurance Cost? 

The cost of concert venue insurance depends on several factors. For instance, the size of the venue, its location and the services offered could all play a role in determining its price.