GatherGuard Event Insurance Review and Comparison to Other Insurers
Looking for GatherGuard wedding or event insurance? Looking to compare their coverage to other insurers? Not to worry, we did it for you below.
GatherGuard event insurance is provided by Intact Insurance and appears to be the most competitively priced for general liability coverage of $1M/$2M (occurrence/aggregate) limits. Pricing starts at $75 for less than 100 people and it includes a $250,000 limit for damage to rented premises. For an additional (starting at) $25, the damage to rented premises limit can be upgraded to $1M.
However costs can vary from carrier to carrier due to different coverage limits and endorsements. Before purchasing a policy, check your venue’s requirements to ensure that all the requirements are being met, including the need for Waiver of Subrogation and/or Primary Noncontributory endorsements.
In order to make the below comparison as ‘apples to apples’ as possible, the below criteria was used:
- $1 million / $2 million (occurrence/aggregate) liability limits
- 150 guests
- 1 day wedding/event in California
- Excludes taxes/fees
- Cancellation coverage option not included
- Host liquor is included by all the carriers
Cost of Wedding and Event Insurance By Various Insurers:
Top Choice: GatherGuard
$125
Damage to rented premise limit: $250,000
Medical expense limit: Not included
Waiver of Subrogation Endorsement: No
Primary Noncontributory Endorsement: No
Free quote feature available
Top Choice: Specialinsurance.com
$210
Damage to rented premise limit: $300,000
Medical expense limit: $5,000
Waiver of Subrogation Endorsement: Yes
Primary Noncontributory Endorsement: Yes
Free quote feature available
Coverage can extend beyond midnight depending on state liquor laws, in which case only 1 day of coverage is required
Wedsure Wedding Insurance
$280
Damage to rented premise limit: Unclear
Medical expense limit: $5,000
Waiver of Subrogation Endorsement: Yes
Primary Noncontributory Endorsement: Unclear
Eventsured
$213
Damage to rented premise limit: $300,000
Medical expense limit: $5,000
Waiver of Subrogation Endorsement: No
Primary Noncontributory Endorsement: No
Ewed
$345
Damage to rented premise limit: Unclear
Medical expense limit: $5,000
Waiver of Subrogation Endorsement: Yes
Primary Noncontributory Endorsement: Yes
FLDean
$430
Damage to rented premise limit: $300,000
Medical expense limit: $0
Waiver of Subrogation Endorsement: Unclear
Primary Noncontributory Endorsement: Unclear
$235
Damage to rented premise limit: Unclear
Medical expense limit: $5,000
Waiver of Subrogation Endorsement: Unclear
Primary Noncontributory Endorsement: Unclear
$1,000 deductible on all policies
In conclusion, navigating wedding insurance costs from different carriers is essential for informed decisions. Understanding the nuances of wedding insurance costs ensures you secure the right coverage at the best value. Choose wisely to strike the perfect balance between comprehensive coverage and affordability. Your peace of mind on this joyous occasion is worth the consideration of wedding insurance costs.
Disclaimer: The materials available on this site are for informational purposes only and should not be construed as advice or guarantees on any subject matter. The opinions and statements expressed through this site are the opinions of the individual author and may not reflect the opinions of JAUNTIN’. This blog contains general information which may not be current or accurate. For specific questions about insurance and any requirements, please contact your insurer directly.