Did everything go smoothly at your last art fair? You may have had a good time selling your work and meeting new customers, but that may not have been the case for everyone. Someone out there may have caused some property damage or had someone get injured in their art booth. Accidents can and do happen at art events and regardless of the type of event you’re attending, you need an art fair insurance policy from ACT Insurance that’s going to protect you against worst-case scenario liability claims.
That might just sound like technical insurance talk so to help you further understand why you need art fair insurance at your next art event, we’ve listed three reasons below.
#1 The Show You Attend Requires Insurance
It’s becoming more common for the art fair, festival, or market you wish to attend to require you to carry general liability insurance and show proof of insurance before you can even set up your booth. With art fair insurance, you’re protected against third-party general liability claims such as personal injury or property damage that arise out of your business operations.
Let’s go over an example of how your insurance could help you. Say you set up a booth with your own signage and lighting. During the fair, a pole in your tent slides, and the entire tent collapses while customers are inside. Someone gets a concussion and is sent to the hospital. They sue you for medical bill costs as a result. Could you pay for that yourself? With art fair insurance, you could be covered in this situation.
Check out some of the other claims ACT Insurance has seen to get an idea for what you could be up against.
- During an art show, an insured had high winds pick up their tent and hit and scratch a trailer.
- Another insured’s tent blew over into a neighboring tent causing thousands of dollars in damage to their product.
- An insured’s inventory tipped over and caused damage to a passing truck during their art fair setup.
- A claimant used an insured’s hot sauce on his spaghetti dinner. He allegedly bit down on something sharp and cut his tongue.
With art fair insurance, you could be insured against similar claims and not have to worry about paying for your legal fees on your own.
#2: Additional Insureds Are Necessary
If an art event requires that you show them a certificate of insurance, then they’ll most likely also want you to list them as an additional insured.
An additional insured is usually just another entity (like the event organizer or property owner) your policy covers by simply adding them to the policy. The person or organization is protected by the same limits of your policy and is protected against your negligence.
When someone files a lawsuit they usually try to name as many people as possible. In the example we gave, you and your business partners would be named in a lawsuit along with the people who promoted or put on the event. Being listed as an additional insured would benefit you and them with protection.
#3 You’ll Want Your Stuff Protected
ACT Insurance offers different insurance policies for those seeking art fair insurance. You can opt for a show policy that insures you for 1-7 days (or even up to 90 days) or an annual policy that offers you coverage for an entire year and is usually better for those attending multiple shows a year.
With a show policy, your booth is insured against causing damage through business personal property coverage. With an annual policy, you get protection for art fairs and other events, selling online, and you get coverage for your handmade goods. What that means is that if you sell handmade goods and if something you made and sold caused an individual bodily harm or damage then you could be sued for that. The only thing worse than a general liability insurance claim might just be a product liability one. You want your goods protected whenever possible.
Enhance Your Credibility
On top of allowing you to attend more art shows, festivals, and markets, art fair insurance from ACT helps to show your customers just how committed you are to your work. Just being aware of the risks you face when attending an art fair or festival lets you continue to do business with peace of mind and may offer you support as you pursue your endeavors.
Go here to learn more about art fair insurance from ACT. Art fair insurance can be purchased online in as little as 10 minutes and allows you access to your insurance documents 24/7. Our show policy starts at just $49 while the annual policy begins at $265. Find out which policy could work for you and start an application today!
If for some reason you do not qualify for the ACT policy contact Insurance Canopy for a custom quote.
