What are the cost factors?
While there is no fee just to receive a quote, there are several factors that would effect the cost/premium for a quote from Event Insurance:
Number of attendees/event size — The more people expected, the higher the risk, so bigger events cost more. For example, Event Insurance's premiums go up as the 'Total Visitors' number increases.
Level of Public Liability cover (cover limit) — The higher the indemnity limit you require, the more expensive the policy.
Type of cover/add-ons selected — Extra cover such as equipment cover, cancellation cover or employer's liability (for staff or volunteers) increases cost. Their price table shows separate premiums for equipment cover and cancellation cover.
Type and nature of the event/risk level — Events with higher inherent risks (e.g. concerts, festivals, outdoor events, events with hazardous elements) tend to have higher premiums than low-risk activities like small meetings or lectures.
Event duration and frequency — Longer events or events over multiple days can boost premium, because exposure to risk lasts longer.
Venue/Location/Venue conditions — Outdoor venues, venues that may pose environmental risks or higher liability (poor access, weather exposure, public spaces) tend to cost more than simple indoor venues.
Use of staff/volunteers/employees — If you employ staff or volunteers for the event, and want insurance for them (employer's liability), this adds to the cost.
Equipment and assets used at the event — If you need to insure equipment (sound, lighting, AV, hire-items, etc.), the amount of equipment cover you choose affects the premium.
Since Event Insurance is a comparison service, you'll need to speak to each relevant insurer on how much they would charge for your selected quote.
