Most groups host fundraising events under the umbrella of a larger entity, whether it is a school, church, firehouse or a police department.

Each of these organizations already has some level of liability insurance.   It is important to contact the insurance carrier to inform them of your fundraising intentions, to be assured of some level of liability protection for the day of your event.

Do not assume you are covered.

If your agent says you have coverage, be sure to get it in writing with your specific event listed as the activity requiring liability insurance.

If your group is a neighborhood association or is not a part of a larger organization, you may want to look into purchasing liability insurance to cover your event.

A one day policy can cost from $200 to $500 depending on your state. Call an insurance company that provides services to business customers for the best rates.