The Fireworks Festivals Explode – How Your Firework Insurance Keeps Up
Tens of thousands of spectators lined the streets of Plymouth to watch the 2016 British Firework Championship last month. Whilst the shows performed by this year’s six competitors were big, bold and captivating, it’s a fair guess that not many of the awe-struck crowds stopped to think about all the logistics and reams of paperwork behind the displays they’d just enjoyed.
“Pretty lights in the sky” may be how some watchers describe them, but when it comes to fireworks things can, unfortunately, quickly turn ugly. The risks involved in manufacturing, transporting and using fireworks are high for obvious reasons, and if you’re dealing with fireworks, working out exactly what insurance you need can be complicated. So to make it easier, and because it’s not that long until Bonfire Night, we’ve put together some firework insurance basics.
Who needs to have firework insurance?
- Any venue or group organising a display. If you’re using a specialist company to do the display for you, you’ll still need to make sure they have up-to-date, comprehensive cover
- Firework wholesalers
- Firework retailers
- Firework importers
- Firework exporters
- Firework manufacturers
- Pyrotechnic companies
What sort of insurance cover do I need to consider?
There are lots of different businesses that need to consider firework insurance, and lots of products to meet each specific need – including quite a few risks that you might not have even considered.
Not everyone will need every kind of insurance, so if you’re not sure, speak to an expert for guidance. Some of the most common insurance products our team arrange for businesses relating to fireworks include:
- Combined liability insurance
- Excess layer policies
- Pollution liability
- Commercial combined insurance
- Marine stock throughput (STP) insurance
- All risk equipment insurance
- Business interruption (including increased cost of working)
- Goods in transit
- Full marine cargo including marine loss of profits
- Motor fleet insurance
- Event cancellation
- Travel insurance
- Personal accident and sickness
- Legal expenses
Where can I go to for the best price for firework insurance?
Just like with all insurance, to get the best deal you’ll need to shop around. Because of the specialist and high-risk nature of firework insurance, it can help to speak to a broker with industry experience and in-depth knowledge like Park Insurance.
Our dedicated entertainments team will help you to identify exactly what cover you need to take out and can find you the most cost effective price through our close links with some of the UK’s leading insurance providers.
You can be reassured that you’ll only pay for what you need and that if you do need to make a claim you’ll be able to deal with a dedicated account manager to sort things out quickly and efficiently.
Call us now on 0117 955 6835 to discuss your needs and for a no obligation quote.