One Day/Special Event Business Insurance


Andy Chang

- Updated February 27, 2024

One Day/Special Event Business Insurance

Sometimes, you have a special occasion or a specific circumstance that requires insurance that your current policy doesn't cover. To ensure peace of mind, one-day or special event insurance is essential. This type of insurance provides coverage specifically tailored for single-day events. In this article, we delve into the details of one-day business insurance and its comparable counterparts. By exploring these options, you can find the appropriate coverage that lets you focus on the day without any concerns.

What is One Day Business Insurance? What is Short-term Liability Insurance? What is Special Event Insurance?

One-day business insurance is designed to provide coverage for business activities that occur within a single day. Short-term liability insurance, on the other hand, offers coverage for business projects that typically span up to 2 weeks but can last for several months in some situations.

For specific special events, special event insurance offers tailored coverage to protect against any unforeseen circumstances or liabilities, including having to cancel the event or losing your deposit.

Understanding the distinctions between these types of insurance can help you choose the appropriate coverage for your business needs.

What is the Difference Between One Day Business Insurance vs Short-term Liability Insurance vs. Special Event Insurance?

The primary difference between one-day, short-term liability, and special event insurance is the coverage length. One-day business insurance lasts one day, while some special event policies can last 2 days. Short-term liability insurance usually lasts about 2 weeks.

These policies also vary in type of coverage. While one-day and short-term liability policies are typically general liability coverage, special event insurance may also cover things like cancellations.


Why Should I Get Event Insurance?

Event insurance can help protect the named insured against liabilities and cancellations.

Event Liability

Event insurance with event liability coverage can protect the named insured if they are found responsible for bodily injury and/or property damages sustained during their event.

Event Cancellation

Event insurance with event cancellation coverage can reimburse the named insured for deposits, catering, vendors, and other expenses if they must cancel their event.

When Should I Buy Special Event Insurance?

Experts recommend buying special event insurance when you begin spending money for the event. However, you can generally buy this type of insurance up to a few years before the event or as late as the day before. Check your policy's restrictions because they might contain specific time limits.

When Do Small Businesses Need Special Event Insurance?

A small business should obtain special event insurance when it holds an event outside of its normal operations. For example, a company that holds holiday parties, employee retreats, and fundraisers should acquire special event insurance for each occasion. However, if you have a general liability policy already, check to see if it covers business-related events, such as fundraisers, before purchasing special event insurance.

How Special Event Insurance Protects Nonprofits

Nonprofit organizations usually hold many fundraisers throughout the year. From charity races to galas, special event coverage protects nonprofits against the risks associated with each event. Uninsured nonprofits might have to pay for any damages that occur during one of their events.

How Do I Get a Certificate of Insurance for an Event?

The named insured will usually receive a certificate of insurance as soon as they purchase coverage. Depending on the insurance issuer, the named insured can access their certificate of insurance via email or the issuer's customer portal. The named insured can then print or save the certificate as they see fit.


What Does Event Insurance Cost?

Premiums depend on the event location, the type of event, the number of guests, the presence of alcohol, and what other types of coverage are included. Premiums also vary by insurance issuer. Event insurance generally begins at around $50 and reaches as high as approximately $250. However, high-risk events, such as a sporting event, could be substantially more.

What Types of Functions are Covered?

Event insurance can cover functions such as company Christmas parties, fundraiser events, and other company-related functions outside the normal scope of business.

What Types of Functions Are Not Covered?

Depending on the insurance issuer, public events may not be covered by special event insurance. If an insurance company does offer this option, expect to pay substantially more for your premium.

How Does Short-term Liability Insurance Work?

Short-term liability insurance can be perfect for contractors, plumbers, landscapers, and anyone else who works on short projects. This type of policy pays claims for injuries or damages that occur during the time period the policy covers. For example, a tax preparer who only works between February and April would only need insurance coverage during that time.


Why Bother With One-Day Vendor Insurance?

One-day vendor insurance provides coverage for vendor-specific claims and injuries that would otherwise have to be paid out of pocket. Plus, some venues require coverage because they do not want to deal with the injury and property damage risk themselves.

Opportunities That Often Require Vendor Insurance

Trade Shows

Vendors who set up at a trade show could place their visitors at risk of injury or illness. For instance, a food truck could be held liable if patrons at an event get sick with food poisoning.


Conferences can be more low-key than trade shows, but they also present liability risks to attendees. For example, a food vendor might spill their product on the convention center floor. Before they can clean the mess, a conference attendee slips and falls. Vendor insurance should protect the vendor from costly claims and lawsuits.


Music and art festivals can attract large crowds. High attendance means a higher chance of risk. Vendors can protect themselves financially and legally if a festival goer is injured while visiting their booth.


Flea and farmers' markets are great ways for local vendors to promote and sell their products. However, someone could injure themselves at their stall, making vendor insurance an affordable alternative to paying for damages out of pocket.


These temporary retail locations can present many liability risks depending on the products. Vendors can protect themselves in the unfortunate event of a slip and fall or other injury.


How to get one day insurance

1. Determine what type of policies and how much coverage you need

Assess as many factors as you can to facilitate insurance shopping. Think about what potential issues there could be for your project or occasion to determine how much liability coverage you want to have. You should have a rough estimate of how many people will be there and whether there are any special circumstances. Although insurance issuers may be able to guide you in choosing a policy, you should be able to give them as many details as you can to get the most exact quote.

2. Get multiple quotes

You probably want sufficient coverage at a reasonable price. The first issuer you contact might have the best rates. They also might have the worst. Get several quotes to compare rates and coverage terms, and pick what you can afford.

3. Compare providers and purchase a policy

The insurance issuer might have the least expensive policy for a reason. Are they able to cover your expenses in the event of injury or property damage? Check to see how solvent providers are before deciding on who to partner with by looking at the AM Best rankings. When you've made your decision, purchase the policy.


Short-Term Liability Insurance for Events

If you need coverage for less than one day, research short-term liability insurance . This type of coverage might be less expensive than one-day business insurance. Contact insurance providers for more information.

Public Liability Insurance for One Day Event

If your event or business activity does not present many risks, public liability insurance might be the best option. Public liability insurance covers personal injury and property damage claims. However, it does not cover rented premises damage claims, making it less expensive than general liability insurance. These claims must also be filed by members of the public to be covered.

One Day Business Car Insurance

If you need to use a vehicle for your business for only one day, one-day business car insurance can protect the driver, passengers, cargo, and the car from claims. This type of insurance covers situations in which you use a family member's, a friend's, or a company car. It also covers your car as long as the car wasn't intended to be used for business purposes when it was first purchased.

One Day Commercial Truck Insurance

Some businesses need a commercial truck for one day to transport employees, equipment, products, or supplies. One-day commercial truck insurance protects you from claims and lawsuits that could occur in the event of an incident.

One Day Workers Comp Insurance

This type of workers' comp insurance does not currently exist. Instead, insurance issuers usually offer pay-as-you-go workers comp that covers your active employees. Premiums are determined by your monthly payroll instead of the projected yearly payroll.

One Day Commercial Drone Insurance

A relatively new type of coverage, one-day commercial drone insurance covers businesses that must use a drone for 24 hours. Perhaps a real estate agent needs to take aerial photos and cannot hire someone. They can use a drone and purchase one-day commercial drone insurance to cover expenses stemming from any damage the drone commits.

One Day Rental Equipment Insurance

Contractors who need to rent equipment for one day will probably need this type of insurance. Some rental companies will not rent to people who do not carry this insurance. Other types of rentals include party equipment, computers, and cameras.

One Day Wedding Insurance

If you want your wedding not to cost you a fortune if someone trips and hurts themselves, one-day wedding insurance is a viable solution. You can also recoup some of your expenses if the event is canceled for reasons out of your control as long as your policy includes cancellation coverage.

Do You Need Wedding Insurance to Hire an Event Venue?

Chances are, the event venue will want to transfer some of the risk to you. Therefore, they may require one-day wedding insurance before they lend you the location.


One Day Liquor Liability Insurance

If your people are allowed to consume alcohol at your event, you should think about one-day liquor liability insurance. When people get drunk, they can get injured or injure others. They can also damage property. One-day liquor liability insurance protects you against these liabilities.

One Day Bartender Insurance

If you have hired a bartender for your event, you should purchase one-day bartender insurance. If they serve alcohol to someone who sustains an alcohol-related injury, you can still be held accountable for damages. Liquor liability coverage is often bundled with this type of insurance. In some cases, the bartender may already have their own policy, so check with them before purchasing a separate one.

One Day Vendor Event Insurance

Like all jobs, vending carries risks. Food and beverage vendors might have more risks. People can suffer food poisoning or allergic reactions from items vendors provide. Although some vendors have long-term coverage, part-time vendors might only need protection now and then. One-day vendor insurance can give them temporary protection against claims and litigation.

One Day Insurance for Photographers

One-day business liability insurance for photographers covers photographers if their services somehow injure someone or property. Equipment and drone insurance are often bundled with this type of coverage. Equipment insurance can be highly useful if their cameras are stolen during the vent.

One Day Event Catering Insurance

If caterers present safety hazards that harm other people, they will be held liable. A one-day event catering insurance policy can ensure the event is less stressful than it has to be.


One Day DJ Insurance

DJs also have to take precautions when they work on an event. If they do not properly secure a cable, someone could trip and severely hurt themselves. One-day DJ insurance can protect their income against damages originating from their alleged negligence.

One Day Event Planner Insurance

One-day event planner insurance covers you if you planned an event and someone gets injured or property destroyed. You might need additional coverage depending on many factors (you are catering the event, serving alcohol, etc.).

One Day Bounce House Insurance

Anyone can injure themselves in a bounce house. If your event features one, you may need one-day bounce house insurance as an additional layer of protection.

One Day Sporting Event Insurance

If you have organized a one-off sporting event, one-day sporting event insurance can shield you from the risks that could happen during such an event. Participants and spectators can both suffer injuries and hold you responsible. One-day sporting event insurance can protect you from those incidents.



When organizing or participating in an event, it's crucial to proactively safeguard yourself against any potential risks. Transforming a joyous occasion into an expensive lesson is avoidable. By obtaining one-day business insurance, you can mitigate financial burdens in the event of unexpected circumstances. Protect yourself and save money by securing the right coverage for your one-day business activities.

Event Insurance FAQ

Do some venues require me to add them to my policy?

Yes. Most insurance issuers will allow you to name the venue as an additional insured.

Can I add my vendors to my policy as additional insureds?

Event insurance usually only covers the named insured. Vendors can not be added.

Who is covered under my policy?

The named insured and any additional insureds.

How You Can Choose the Best Event Insurance Company

When shopping for event insurance, you should evaluate each company's:

  • coverage offerings.
  • premiums.
  • customer service reviews.
  • contact methods.
  • online availability.

About The Author

Andy Chang

Andy Chang

Founder of InsuranceRanked

Andy Chang is the founder of InsuranceRanked, a review site dedicated to helping consumers find the best companies in financial services. Andy is passionate about financial education and wellness, and helping others reach financial freedom. He consistently writes about topics ranging from credit to banking and lending.

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