Program Summary
The Venue program provides coverage for the venue for the events taking place at the venue.
Description
The Venues program is designed to cover a venue for events that take place at the venue. The Venue policy does not afford coverage for the event organizer (if other than the venue), but rather for the facility where the event occurs.
The Venue policy is flexible enough to cover many types of events. Premium is based on estimated admissions and events do not have to be declared (except for rap/hip-hop concerts).
Limits are available up to 10 million for liability and 1 million on inland marine. The program is available to venues in the U.S.
Coverages
Available coverages include:
| Inland Marine | Rented Equipment, Owned Equipment, Office Contents & more |
|---|---|
| General Liability |
General Liability (including increased limits)
|
| Automobile | Automobile Liability, Physical Damage |
| Excess Liability | Total policy limits available up to 10,000,000 |
Lines of Business
Inland Marine, Automobile, General Liability, Excess Liability
Insurance Companies
Abacus maintains strict requirements with regard to carrier selection. All carriers on abacus.net are required to have a minimum rating of A and a minimum size of XIV.
Billing Options
Agency Bill, Credit Card
Minimum Earned Premium
25%. Declared events are fully earned.
Eligible States
Click map for a detailed view.
The content displayed on this website is for informational purposes only and is not an offer for insurance. To apply for insurance, contact your broker.
Coverages referenced on this website may not be available in all territories and may vary depending on the exposure. Minimum premiums may vary by State.
