[OMS_MANAGERS] Event Insurance

[Jennifer Knowles]

Hi, Katherine --

The City of North Plains has purchased special event insurance for festivals, and our Farmer's Market has purchased a blanket policy for vendors. In both instances it encouraged or made possible participation by vendors and organizations which might not have do so otherwise.

As the Farmer's Market Treasurer at the time, I was involved in the decision to purchase an "umbrella" policy covering all vendors and the Market. The insurance was bundled into the vendor fee from the inaugural season, so we have no data regarding a related cost adjustment/response from vendors. We did note the City had a positive response to this decision from the Farmer's Market Board.

If you find you have specific questions or would like to discuss this at a later date, please let me know -- I would be happy to do so.

Best --

Jennifer Knowles
Management Analyst
City of North Plains, OR
Main Line: 503.647.5555

________________________________
From: OMS_MANAGERS [oms_managers-bounces at listsmart.osl.state.or.us] On Behalf Of Katherine Hayes [manager at coosbaydowntown.org]
Sent: Tuesday, February 18, 2014 4:18 PM
To: oms_managers at listsmart.osl.state.or.us
Subject: [OMS_MANAGERS] Event Insurance

Hello all!
Every August, the Coos Bay Downtown Association hosts the Blackberry Arts Festival which features local, Oregon foods and crafts. Until now, the CBDA has required that each vendor purchase and submit their own insurance. However, we heard from some of our smaller vendors that they are unable to participate in the festival because of the cost of the insurance. We have been looking at the idea of CBDA purchasing and holding the general liability insurance that would cover all of the vendors. We would then raise the vendor fee slightly to cover our cost. Does anyone currently purchase event insurance for their festivals or farmers' markets? Has it been successful? Have you seen growth in your event?

Any insight is appreciated! Thanks!
Katherine

[cid:image003.png at 01CF2CC5.136688E0]Katherine Hayes
Main Street Manager
Coos Bay Downtown Association
www.coosbaydowntown.org<https://webmail.ci.hillsboro.or.us/owa/UrlBlockedError.aspx>
(541) 266-9706





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