Banquet Hall

Protect your venue with business insurance

You’re the proud owner of a banquet hall. You’ve worked hard to build up the reputation of your beautiful venue, and you’ve agonized over all of the details, from the wallpaper to the tables to the napkins. You’re a whirlwind of activity as you rent out your premises and coordinate the details for your client. From upscale ceremonies to birthday parties, you’ve seen it all. Your goal is to help your guests have a wonderful experience, and you’ve become a pro at making everything come together seamlessly. Everything has to look effortless.

Risk is a part of life

Between the guests, the catering, and the venue itself, you face plenty of risks with every event. You can’t completely avoid liability or risks, but you can take steps to protect your venue from them. Finding the right insurance for your banquet hall might seem like an impossible task, but InsuranceHub can help. We’re here to make sure that you get the coverage you need to protect your versatile venue from anything that could happen. We know that every banquet hall is different, so we’ll take the time to identify all of your risks and help you create a customized insurance plan.

Your banquet hall might benefit from some of the following coverages…

General liability will protect you if someone wants to sue you for causing them bodily harm or damaging their property.

For example, a guest could have a nasty fall on a freshly-mopped tile floor.

Property insurance will protect the banquet hall itself from disasters like fire and lighting.

What if your venue was to have an electrical fire?

Business interruption insurance will help your business come back from a loss that forces you to temporarily close your doors. It will reimburse you for lost income for the duration of the time that you’re closed.

For example, what would happen to your banquet hall if you had a fire and had to cancel several major events?

Inland marine insurance does many different things, but there’s a type of inland marine called bailee’s coverage that will protect your client’s’ belongings while they’re in your care, custody, or control. This might be something to consider if you have a coat and bag check.

Workers’ compensation will give your employees benefits in the form of medical payments and reimbursement for part of their lost wages if they get hurt or ill because of their job.

Umbrella insurance will provide additional coverage for your business. Sometimes the limits on your other policies aren’t enough to cover huge, catastrophic claims, and that’s where your umbrella can kick in – it picks up where the limits on your other policies tap out.

Imagine that you had a $2 million dollar claim for your general liability, but the limit on the policy is only $1 million. Umbrella would cover the additional $1 million.

You’ve got enough details to worry about the risks of running your banquet hall

Let us help you take a weight off your shoulders by assisting you with any of your insurance needs. You deserve to have peace of mind knowing that your venue is protected by the right insurance. We at InsuranceHub have the same goal that you do – making sure that your banquet hall can survive anything life wants to throw at you. We’ll make insurance easy so that you can get back to organizing events and giving your guests the time of their lives.