Special Insurance Event Insurance Review and Comparison to Others
Looking for SpecialInsurance.com wedding or event insurance? Not sure how their coverage stacks-up against other insurers? Not to worry, we did a comparison for you below.
Special Insurance event insurance is provided by Global Indemnity, which is a publicly traded company. Their event insurance appears to be the most competitively priced for special event insurance policies that include both Waiver of Subrogation and/or Primary Noncontributory endorsements. Their policies include $300,000 limits on damage to rented premises, which options to upgrade to $500,000 and $1M. Best of all, their coverage can extend past midnight, meaning you may not need to purchase an additional day of coverage for events going past midnight.
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 to avoid any headaches after purchase.
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: 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
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
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
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.