Event insurance generally covers two main areas: liability and cancellation. Liability coverage protects you if someone is injured or property is damaged during your event, which is especially important if you’re hosting at a venue that requires insurance. Cancellation coverage helps reimburse non-refundable deposits or expenses if unforeseen circumstances—like extreme weather, vendor issues, or illness—force you to postpone or cancel the event. Some policies also offer additional protection for things like lost or stolen items, liquor liability, or event postponement. Coverage varies widely, so it’s important to review the terms of any policy carefully and make sure it suits your event type, size, and risk level.