Best Small Business Insurance
Best Small Business Insurance
Trade shows bring together industry enthusiasts, newcomers, and veterans all in one space. Pulling off a successful trade show involves scheduling pre-show booth meetings, strategizing your social media presence, organizing your sales team, connecting executives, and much, much more. 1
With all the planning needed to pull off a trade show, trade show organizers must be prepared for the many things that could go wrong. That’s why you need Trade Show Insurance. Not sure if it’s worth the investment? Let’s do the math.
Trade Show Insurance protects policyholders from the risks associated with putting on trade shows, fairs, and industry expos.
With Thimble, Trade Show Insurance provides coverage for events of up to 250 people. Once you know how many people will attend your event, here’s a range of how much Trade Show Insurance could cost:
Besides how many people you have in attendance, multiple factors can affect how much Trade Show Insurance can cost you. Here are some factors to keep in mind:
With so many people attending your event, there are multiple risks you and other participants could face. Trade Show Insurance could protect you, the organizer, from the consequences of claims such as:
If you are hit with a lawsuit for property damages or bodily injury stemming from a trade show, your policy would provide the investigation and legal defense for the suit against you, which can be costly even if the court decides you have not done anything wrong.
According to Insurance Journal, there are some trade show activities that insurance companies may not cover. 2Depending on the special event you’re attending, your insurer may exclude:
Though you may already have workers’ compensation coverage or professional liability insurance, those coverages may exclude third-party bodily injury or property damage. It could also exclude damage caused by your employees or personal and advertising injuries that occur at trade shows. If that’s the case, having Trade Show Insurance could be an extra safeguard against liabilities.
You never want to wait until a crisis happens to get insured, but having Trade Show Insurance prior to an event is especially crucial. In fact, many trade shows will require exhibitors and vendors to have a certificate of insurance when applying to display or sell goods and services at the event. In some cases, the trade show sponsors may require that they be listed as an Additional Insured on the exhibitors’ and vendors’ general liability policy.
Thimble customers can purchase Trade Show Insurance as early as six months in advance before the event. And if there’s a change of plans, Thimble customers can cancel their policy before the event starts without a penalty. Make sure you read your policy to understand how your insurer defines “start time” for your event.
If you have a trade show or industry expo coming up, here’s what you need to know to prepare:
Got a trade show coming soon? Enter your email, and Thimble can notify you when Trade Show Insurance through Thimble is available in your area.
Yes, you’ll still need Trade Show Insurance in addition to your own general liability coverage and professional liability coverage. The trade show organizers may require you to show your Certificate of Insurance before you can participate in the event.
With Thimble, special events coverage liability limits begin at $1 million per occurrence with a $1 million aggregate. You can increase the liability limits to $2 million with a $2 million aggregate if you want.
While your Trade Show Insurance can safeguard your business against third-party bodily injury and property damage claims, they won’t cover similar claims for injury to your employees or for damage to property you own. You may need to have workers’ compensation coverage for work-related employee injuries, and business equipment protection or commercial property coverage to cover damage to property that you or your company owns.
No. Thimble event insurance doesn’t cover event cancellation, but your special event insurance policy is fully refundable if it’s canceled before the event start date or time. Remember to read your policy carefully to see how your insurer defines the start of the event.
Cleaners and Janitors insurance protects your business from lawsuits, if you or your property accidentally hurts a third party or damages their property.