What Insurances would i need for an outdoors festival?

Have just set up a limited company with van as courier service. What specific insurances do I need? Ta. Paul.?

• Do I need "Employer Liability/Public Liability"? (EL/PL). Do I need Goods in Transit? Do I need Contents insurance? Etc Etc.

• Answer:

  The most important thing to consider is having a high limit of liability on your automobile insurance (that covers the van) as this is your greatest exposure. Your second greatest exposure is to the cargo carried in your van, therefore you would need a motor truck cargo policy, inland marine or a policy with a similar purpose. Your third greatest exposure is liability other than that which arises from your vehicle (general liability). Last would be your contents you use for your business (along with crime and business interruption coverages). The contents, motor truck cargo and general liability policy can be written on the same policy. The vehicle liability policy would be separate. As I have no idea what the value of your contents are I cannot tell you if you should obtain coverage for them, but liability and cargo policies are a must. Keep in mind once you hire your first employee Worker's Compensation coverage becomes as important your vehicle liability.