What is a chess club to do when a playing site wants you to have 2MIL Aggregate in Event Coverage for holding a tournament at its location? Do you all find on a regular basis that you have to get insurance coverage for your tournaments? How often do you find that you don’t have to get insurance? Fortunately, we have a place for smaller tournaments where we don’t need our own insurance. What is life like for everyone else in finding places to have tournaments without insurance requirements?
US Chess had an arrangement with some insurance company where events could buy coverage relatively cheaply, is that still available?
A shopping center venue added that requirement some years ago, I thought it was a precursor to just not renting their room out for events, and that’s pretty much what happened over the next few years.
One of the reasons I stopped organizing events is it just got to be too hard to find venues willing to take chess tournaments: local events don’t use room nights in hotels, chess players don’t spend money in their restaurants, we expect the room to be available for like 18 hours, and we usually leave a mess behind.
Our club needs the room for an unrated tournament for school children where we can charge and receive donations. However, we do have a cheap place to play where we are not required to buy insurance, but there are rules we have to follow that are limiting. We need another room big enough for 110 people or so which includes spectators.
We used to use one of the city rec center spaces, but it was on 2nd floor with no elevator so it had access issues and officially we couldn’t charge anything, like member dues, but they kind of looked the other way for tournament entry fees.
I checked on event insurance with 1Mil/1Mil coverages and it was $120. That is not bad. But 2Mil/2Mil coverages was over $700. These quotes were from eventsured.com.
This is from 2008, so who knows if it is still available:
The United States Chess Federation has partnered with R.V. Nuccio & Associates Insurance Brokers, Inc. to provide USCF affiliates with affordable annual liability and short term event insurance. The liability coverage is available for approximately $265 per year for a $1,000,000 limit of insurance. Also available is contents property and bonding insurance. For more information, please go to www.rvnuccio.com/chess-federation.html. For event insurance, please go to www.rvnuccio.com.
This link also popped up, don’t know anything about them:
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