If your client is in the business of throwing parties and helping with events, you already know the importance of specifying the location and making sure your client has the appropriate limits and coverage for different scenarios. However, this information usually only needs to include whether an event is going to be in a public space, a commercial building, or private property. However, if any of your clients are operating in national parks (especially if they use fireworks), take a closer look at their coverage. Having Insurance for Special Events in National Parks is hard to find but that’s why Prime is here to help.
What’s unique about insurance requirements at national parks?
- The National Park Service requires occurrence and aggregate limits of at least $5 million for some activities. While the general rule of having higher limits if riskier activities are taking place is long-established, these activities include typical park highlights like rafting and riding horses. Make sure your clients are either aware of the requirements or know to provide a list of activities if they’re raising or lowering their limits. Having flexible coverage is a unique service that recreation businesses need more and more.
- The National Park Service has strict insurance requirements for fire-related activities. An increasing number of forest fires, especially during droughts, has made many parks reluctant to allow fireworks and similar hazards. Because they require strict insurance for the rapid repair of fire-damaged facilities, your clients’ insurance needs to fit the bill.
Clients with recreation businesses have additional liabilities, especially if they conduct business across varied sites. Go to Prime Insurance Company to find the right surplus and excess coverage to add to their policies.