Your policy limits, level of risk, and the duration of your business’s event influence the cost of special event insurance.
The median premium for one-day special event insurance, regardless of policy limits, is $182. Business owners pay a median premium of $250 for events lasting two to 10 days, and a median of $257 for events longer than 10 days.
Insureon’s analysis of special event insurance costs shows that industry, though not a major determinant, does have an impact on premium costs.
The graph below shows how your industry could affect what you’ll pay for special event insurance.
If you want car insurance that pays for a wide range of damage, you have to pay more for it. The same rule applies to business insurance. If you want a policy with higher coverage limits, expect to pay more than you would for basic coverage.
The most popular special event policy among Insureon customers is the $1 million / $2 million policy. This includes:
Insurance premiums vary based on the policies a business buys. See our small business insurance cost overview or explore costs for a specific policy.