Your Event Is Canceled. Now What?
After months of planning and a build-up of anticipation, the last thing an event go-er or organizer would want to hear is that their event has been forced to cancel. It can be heart-breaking for your event-goers who were really looking forward to attending, only for them to cancel the last minute. It’s not just the disappointment you have to put up with but as an event organizer, you’re also stuck with the risk of not replacing your potential profits. So what is an organizer to do if their event is canceled?
Did You Get Insurance?
Cancellation insurance will protect you in case of unforeseen situations such as inclement weather, including hurricane, if a venue is deemed unusable, or something else that requires you to cancel. This helps you cover many of the costs and deposits already paid.
Contact Your Insurance Company
Keep your agent’s and insurance company’s contact information with you before, during and after the event. Keep copies of the insurance policy, all vendor contracts and documentation of vendor deposits with you as well. If you are a client of ours, and your event is forced to cancel, give us a call or send us an email within one business day of your event.
Set Up A Claim
We will email you the claim forms, which you will fill out and return as soon as you can. Please ask any questions you may have while filling out the form. Under most circumstances, you will be assigned a Claims Adjuster within five business days. Your Adjuster will work with you and the insurance carrier to make sure the claim is resolved.
So even the most basic coverage policy could prove to be a big help in the long run. Having the proper insurance can make the difference between a minor bump in the road and a complete detour. If you have questions or are confused about resolving your event insurance options, contact us at 888-882-5902
Photo by Joey Thompson on Unsplash
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