Available from Tokio Marine HCC - Specialty Group
Weather Insurance protects against adverse weather conditions that reduces attendance and revenue. It is designed to offset not only the revenue lost due to reduced attendance, but other revenue sources such as concessions, food and parking. It can cover just about any measurable perils such as:
• Adverse Weather
Summary of Coverages
•Event Weather Insurance
•Cost Containment Weather Insurance
•Income Stabilizing Weather
•Prize/Promotion Weather Insurance
•Golf Tournament Cancellation Insurance
•Big Day Umbrella Insurance
•Typical buyers of event weather insurance include fairs/ festivals, concerts, sporting events, parades and air shows.
• Typical buyers of cost containment weather insurance include property management companies, private schools/ hospitals and municipalities/towns.
• Typical buyers of income stabilization Insurance include restaurants, car washes and pay-for-play golf courses
• Typical buyers of prize/promotion weather insurance include jewelry stores, furniture stores, electronics stores and auto dealers.
•Event weather insurance for rain can be handled through our TotalEvent® online quoting system and is subject to a minimum premium of $150.
•All other weather coverages are handled offline and are subject to a $500 minimum premium
Vice President of Promotions Division