ShowDown® Insurance FAQ
Here are answers to some common questions. Every event is different, so if you have more questions, please reach out. Our team of experts is here to help to craft the exact coverage you need for your event.
Do we need to cover our entire budget, including the event revenue, or just our expenses?
You have two options … You can insure your full Gross Revenue or full Expenses. We always recommend insuring your Gross Revenue limit. This provides coverage for net profit generated from your event(s). If this is critical to your organization’s operating budget, it is important that it be insured. Because
How long before the event date can we apply for coverage?
Is there any benefit to waiting to closer to the event date?
No, in fact the opposite is true. Again, the sooner the better. As an example, event organizers who purchased coverage prior to the COVID pandemic, were able to purchase Communicable Disease coverage and were thus covered when the pandemic cancelled their event. Organizers who waited until the outbreak was already a known threat were not able to include Communicable Disease coverage in their policies.
Can you offer coverage for Nuclear, Chemical, Biological and Radioactivity Terrorism exposures?
What do you offer for Terrorism coverage?
ShowDown®’s rates compare to the competition?
Can we purchase coverage for cancellation due to a Communicable Disease outbreak other than COVID-19?
No, the claims caused by the COVID-19 pandemic has virtually eliminated the insurance market’s willingness to provide Communicable Disease coverage.
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