Insurance Requirements for Event Use of Premises
Please carefully review the following mandatory insurance requirements:
Insurance Coverage Requirements
1. Commercial General Liability Insurance
○Minimum coverage of $1,000,000 per occurrence and $2,000,000 general aggregate.
○Coverage must include bodily injury, personal injury, property damage, and host liquor liability (if applicable).
○A minimum Medical Payments coverage of $5,000 is required.
2. Certificate of Insurance (COI)
○A Certificate of Insurance must be provided, naming ACRT Enterprises LLC and Patrick Stuart as an Additional Insured.
○The Certificate must include evidence of a Waiver of Subrogation in favor of ACRT Enterprises LLC and Patrick Stuart LLC.
○The COI must stipulate that a minimum of 30 days’ written notice will be provided to ACRT Enterprises LLC in the event of policy cancellation, non-renewal, or material change.
3. Worker’s Compensation Insurance (if applicable)
○Required for any event organizers or vendors with employees, in accordance with state and federal law.
4. Liquor Liability Insurance (if alcohol is served or sold)
○Required in addition to general liability coverage.
○Minimum limits of $1,000,000 per occurrence must be maintained.
5. Automobile Liability Insurance (if applicable)
○Required if any vehicles are used as part of the event.
○Minimum coverage of $1,000,000 combined single limit for bodily injury and property damage.