Axe Throwing Insurance

Yes, you can get insurance for mobile axe throwing businesses, such as an axe throwing trailer that caters private events and fundraisers. However, you'll need specialized coverages for your unique risks:

• Commercial auto insurance covers accidents involving business-owned vehicles and fulfills state requirements for auto liability insurance. You'll also need liability coverage for your trailer and cargo insurance to cover the trailer's contents.
• Equipment insurance, or inland marine insurance, provides reimbursement if your axes or other business property are damaged or stolen at an event, in transit, or while stored off-site.
• General liability insurance often only covers risks at your business premises. You'll need a policy that provides protection wherever you go, which is why it's important to work with a provider who knows your business.
• Hired and non-owned auto (HNOA) insurance provides liability protection if you drive a personal, leased, or rented vehicle for work purposes. You can add it to your general liability policy or commercial auto policy.

An agent who specializes in your industry can help you add endorsements to your general liability insurance, auto insurance, or business owner's policy to fill any gaps in coverage.

You'll likely need to include the venue or event host as an additional insured on your liability policy and have participants sign waivers.

Some of the top factors that affect axe throwing insurance costs include:

• Business location: Localized factors such as crime rates, healthcare costs, foot traffic, risk of natural disasters, and property values can impact your insurance premiums.
• Safety measures: Insurance companies may offer lower rates to businesses that adhere to World Axe Throwing League (WATL) safety protocols or enforce their own strict standards.
• Annual revenue: In general, businesses that earn more revenue are associated with costlier claims, which means they pay more for insurance.
• Number of employees: A bigger workforce means an increased risk of accidents and injuries, which raises the cost of general liability, workers' comp, and similar policies.
• Policy limits and deductibles: You can save money on insurance by opting for lower limits or higher deductibles on your policies, but make sure it's enough to cover a potential claim.
• Claims history: An axe throwing facility that has filed insurance claims in the past will cost more to insure than one with a clean claims history.

Owners of axe throwing businesses often invest in the following insurance products as part of a strong risk management strategy:

• Commercial property insurance covers your axe throwing facility and its contents in the event of a fire, storm, or burglary.
• Business interruption insurance helps hatchet houses recover from a forced closure due to a fire or other covered property claim. It's also called business income insurance.
• Equipment breakdown insurance protects against financial losses caused by the unexpected failure of a bench grinder, point of sale system, digital scoreboard, generator, or other machinery.
• Liquor liability insurance covers legal costs if a customer becomes intoxicated at your business and goes on to harm someone or damage their property. It's essential if your axe throwing business sells or serves alcohol.
• Crime insurance, such as a fidelity bond, provides reimbursement in the event of employee theft or fraud. It's sometimes called employee dishonesty coverage.
• Commercial umbrella insurance, similar to excess liability insurance, provides coverage when your general liability, commercial auto, or employer's liability insurance reaches the limit on a claim.

Our insurance agents can help you find insurance for your unique risks and answer any questions you might have about coverage.