Specialty Insurance And Some Funny Insurance Tales
Another webiste – bestquoteus.com – published an article on funny insurance stories. It covered some amusing claims statements, weird policies, and some of the outlandish thigs that celebs will pay to cover. They actually published the article for a couple of reasons.
- We are pretty sure they were just trying to add some humor to a dry topic.
- They were also trying to educate their readers about specialty insurance. You can actually purchase custom policies to cover some fairly unusual things. The ability to do this may help you finance an event you could not take the risk for otherwise.
As an example, we have heard of an auto dealer which advertised a rebate if it snowed on Christmas. They actually took out a policy which would pay out if it did snow on that day, and so they covered their offer that way.
A more common example might be for special events, like a charity golf event. If you have a special prize for anybody who makes a home in one, you can purchase a policy to cover your event in case that happens.
How much will specialty insurance cost?
The cost will depend upon the particular event, how much coverage you need, and how the insurer underwrites the risk. You can use our business insurance quote forms to find insurers who can help you!
Major commercial insurance companies will write specialty policies, but there are also some brokerages and insurers who specialize in specialty!
Have fun today!
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