Trade Show Insurance

Trade shows are a great way to market your business and network with other professionals. However, planning one takes time and energy and comes with a whole new set of risks. That’s why you need Trade Show Insurance.

For example, show attendees may get hurt while at your booth. A display can fall over either hurting someone or damaging the booth next to you. Not to mention all the moving of stuff during setup and breakdown can lead to collisions causing damage or injury.

But this shouldn’t deter you from participating. Thimble’s Trade Show Insurance can mitigate those risks and prevent you from having to pay for losses out-of-pocket.

Trade Show Insurance is a type of special event insurance that protects you against the financial consequences that can result from liability claims made against you while you are organizing or hosting a trade show.

Incidents can lead to third-party bodily injury or property damage. Having the right coverage will not only pay to cover the cost of damages that come from property damages and bodily injury claims but can also protect you by providing the investigation and legal defense related to these when necessary.

Furthermore, most trade show venues will require at least $1 million in general liability insurance if you want to host your event or showcase your business at an exhibit in their space.

Trade show insurance costs vary based on certain factors. These factors include the duration of the trade show, how many attendees there are, and what types of hazards the event itself might pose based on location. Policies cover events of up to 250 attendees.

If you’re selling alcohol at the bar, then you may need specific liquor liability coverage at an additional cost.

Here is a range of Thimble’s Trade Show Insurance costs without the additional cost for liquor liability coverage:

Anyone who organizes a trade show needs to get Trade Show Insurance. Vendors and participants are exposed to many scenarios which can lead to them bringing a claim against you.

These include people tripping on your equipment during set-up or breakdown, attendees getting hurt if a display falls over, and any property damage that might happen if you lose control of a cart while moving booth gear and it damages the venue’s property.

It is likely that the contract for the trade show will require you to have at least $1 million in general liability coverage. This is demonstrated to the venue through a certificate of liability insurance (COI) provided by your insurance carrier that lists the types of coverage, coverage limits, and coverage dates.

Furthermore, if you have vendors participating in your trade show, ask them to obtain vendor insurance coverage to protect you if you’re named in a lawsuit (even if they caused it). Also, make sure you are named as an Additional Insured on the vendors’ liability insurance policies.

Getting the right protection can save you tens of thousands, if not more, in costs related to liability claims.

Getting exposure for your trade show business helps build your brand, but can also put it at risk. Don’t let special event accidents sidetrack your business development.

With Thimble’s Trade Show Insurance, you can:

• Get protection from financial consequences of third-party liability losses where you may be responsible for injuries to someone or damage to their property
• Get your policy and COI instantly in your inbox or on the Thimble app
• Get coverage for up to five days