Horse Show Season!
Many organizations all over the country are now preparing for the 2017 horse show season. You are looking forward to your first competition! For show managers and show committees, it also means paying attention to horse show insurance requirements.
Horse Show Insurance
Whether you are organizing a USEF licensed horse show or any other public event, you cannot escape the need for liability insurance. When you rent a facility, the owner will include the insurance requirements in your rental agreement. The most common liability limits required are $1,000,000 per occurrence and $2,000,000 aggregate for bodily injury and property damage.
Who is covered on your horse show policy? The Named Insured horse show organization and all of your executive officers and directors are insured but only while acting within the scope of their duties. The premise owner may be covered as Additional Insured on an endorsement to the policy.
What are the principal coverages on the policy? In addition to Bodily Injury and Property Damage, the commercial liability policy includes coverage for Medical Payments, Fire Legal Liability, Products/Completed Works, and Personal and Advertising Liability.
The insured organization should require that independent contractors, such as vendors and food concessions, on the show grounds furnish the insured with a Certificate of Insurance as evidence that their public liability insurance, their workers’ compensation employer liability and motor vehicle insurance is in force. You do not want your organization to be held liable for injury or damages resulting from a contractor’s activities.
Refer to your actual horse show insurance policy and endorsements for important coverage details and do contact your insurance agent if you have any questions. And most important – show managers should be thinking ahead to address any and all safety aspects in order to run a successful show and to avoid a situation that could generate a claim or law suit.