What insurance is needed in Texas to host a non-profit fundraiser?

Phil E: What insurance is needed in Texas to host a non-profit fundraiser?
I am in Galveston, TX and I am looking to host a large outdoor fundraiser for a non-profit organization. What type of insurance will I need to cover the event? Where can I look to find more details and how much does this insurance usually cost? Thanks!

Answers and Views:

Answer by Zarnev
The non-profit organization should have a general liability policy, if they don’t they need to get one. This policy can include events either within the policy or as a rider to the policy. The cost will be highly dependent upon the size of the organization, what they do, where they hold meetings and events, how often they hold meetings and events, and the size of those meetings and events. You can get a policy for as little as $ 200-$ 300 per year for small organizations up to over $ 10,000 for large organizations. You’ll want to visit a local independent agent that deals with commercial policies.

Answer by mbrcatz17
NOTHING is required by law. What you need, is going to be whatever is required by CONTRACT – ie, what the landlord requires to let you do that, what the nonprofit requires, what the supplier requires if you’re renting equipment, etc.

Likely you’re going to need some general liability and property coverage, possibly liquor liability, etc, depending on the specifics of the event. There are a couple large, independent agencies right there in Galveston (I drive by them all the time, LOL) who can help you out – once you know what the contract requirements are.

Likely, this is going to run you between $ 1500 and $ 5,000 for a weekend event, depending on what you’re going to need.

Answer by trailsman1961
depending on the event and location you may need a permit for the event and permits for any tents you erect plus fire approval. we usually like to see a one million umbrella policy again depends on what your event is and location.