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I take it the venue / sponsor of the event did not have any useful recommendations for procuring this?
Fraid not, although I asked them to lower their requested liability limits (which were higher than the standard $1,000,000) and they agreed.
To put a little closure on this thread: I ended up getting liability and E&O insurance from State Farm for ~$550 for the year, which was much more reasonable than the $800-$1,000 others were wanting for the day. My State Farm agent explained the price difference saying that it was additional broker fees that were added in to cover their expense for doing a one-time thing.
Also, I did talk to the insurance broker recommended by Yama ( http://www.sottileinsurance.com/). While I didn't go with them, they were, by far, the most helpful, patient, and courteous brokers I spoke with.
Thanks
From: going_independent@yahoogroups.com [mailto: going_independent@yahoogroups.com] On Behalf Of Scott Mitchell
Sent: Tuesday, March 06, 2007 7:18 PM
To: going_independent@yahoogroups.com
Subject: [going_independent] Liability insurance for a one-day event
Has anyone here needed to procure commercial grade liability insurance
for a one-day event?
I am in that market and the prices are quite a bit higher than I expected.
I called my local insurance agent (State Farm) and they have a
personal liability thing for up to $1 million they can extend for a
one-day event for $50, but they don't do commercial liability
insurance. They referred me to an insurance broker who said such
one-day policies run from $800-$1,000.
Just wanted to see if y'all had any feedback on these numbers or
advice/suggestions.
Thanks
--
Scott Mitchell
mitchell@...
http://www.4GuysFromRolla.com/ScottMitchell
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"Just the other day I caught myself wondering who will clean out my
Inbox after I'm dead."
-- Charles Petzold
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(='.'=) This is Bunny. Copy and paste bunny into your
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--
Scott Mitchell
mitchell@...
http://www.4GuysFromRolla.com/ScottMitchell
-----------------------------------------------------------
"Just the other day I caught myself wondering who will clean out my
Inbox after I'm dead."
-- Charles Petzold
-----------------------------------------------------------
(\__/)
(='.'=) This is Bunny. Copy and paste bunny into your
(")_(") signature to help him gain world domination.
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