How Much Can I Insure?

May 8th, 2015 | Posted by Alicia Milillo in weather insurance

US Weather Insurance offers weather coverage on hundreds event every year. These events range from sales promotion centered around a major sale from a special event like an outdoor softball tournament. Our client list is so diverse that each quote is designed specifically for our clients and their coverage needs. US Weather Insurance has covered events ranging from $5,000-$500,000!

The limit of coverage is a major factor in determining the price of the insurance. The higher the limit, the more expensive the rate will be. Clients often ask the questions, “should I cover my anticipated profits from the event?” I always tell my clients that it completely up to them. Make sure you cover any amount you already invested in the event that you would absolutely loose in the case of inclement weather. If you have the budget to also cover any profits from the event then go for it! We will offer the quote as a rate of coverage, meaning it will be sent as a percentage of the estimated amount you want covered. This allows the client to work out the numbers both ways. For example, if a client asked for a quote for $25,000 (covering their profits and costs) and the rate from US Weather Insurance was 2%, they can easily determine that the cost to cover the full $25,000 would be $500 (multiplying the $25,000 by 2%). If that was too high for their budget they can easily adjust the coverage amount to something that works for their event.  To find out more about US Weather Insurance, contact us at #888-982-5488.

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