As a host, you’re most likely thinking of decorations, food and music when you plan a party. However there are other things to be aware of when hosting. Large parties increase the risk of property damage, and depending on the type of party you’ll be hosting, you may need to take some precautions to ensure that your home is left in good shape by the end.
If you’re planning a fairly large gathering, especially if it involves guests that aren’t family or close friends, check with your High-Net Worth Homeowners Insurance agent to make sure your coverage is adequate, particularly if your house is home to expensive or unique items. Protect yourself and your belongings by taking some proactive measures to keep your home safe. It is always better to be safe than sorry, and being careful will ensure that the holiday season is a happy one for you.
Check the Vendors and Keep a Guest List
If you choose to hire a professional service, such as a caterer, bartender or valet, make sure to check that they’re properly insured and you hold HNW homeowners insurance for any mishaps that may occur.
Have a guest list and monitor it by having them show their invitations. Make sure you understand who is coming to the party, especially when you open your doors to people who aren’t your personal friends. Never put your home address on social media!
Prep and Host Responsibly
Be mindful of furniture layout, wires, decorations, and other potential dangers. Clear spaces as much as possible to prevent safety hazards and recognize when something can present a fire danger. Certainly have a fire extinguisher on hand just in case.
Avoid over-serving guests alcohol to prevent many issues. Serving alcohol at a party comes with its own set of responsibilities for a host. It is your duty to help keep everyone safe along with your property, therefore safety precautions must be followed.
Keep in mind this is your party and you have to right to request someone to stop or leave if you are are uncomfortable with something. An uncomfortable social situation will definitely be easier to deal with in the long run than a lost valuable.
Protect your Valuables
Put valuables, including expensive pieces of art, jewelry, and electronics, out of heavily trafficked areas. This will limit the possibility of items being damaged and stops guests from slipping something pricey into pockets or purses. Lock rooms that aren’t in use to further help prevent this issue, while also helping to avoid excess mess. Those who own valuable art or jewelry must make sure their private collections have appropriate protection. Before all else, be sure to speak with an agent about high net worth homeowners insurance so you can protect your personal property AND enjoy your party.
About IFS Insurance
At IFS Insurance, we specialize in protecting homeowners and renters throughout Delaware, New Jersey, Pennsylvania, and Maryland. Our quality solutions and commitment to excellence has allowed us to serve these states for over 50 years. For more information about our products, we invite you to contact us today at (800) 598-0420