In your role as the owner or decision-maker for an escape room, more than anything, you’re a storyteller.
And whether you’re training staff or refining the logistics of another nail-biting experience for your customers, you’re always finding fresh ways to get your customers immersed in the adventure. But even though you may be providing harmless fun and entertainment, there are still several risks involved with offering an escape room to the public.
Fortunately, you can protect your business, your livelihood, and your ability to keep telling stories by taking out a solid escape room insurance policy.
Here Are 3 Types of Insurance That Escape Room Managers May Wish to Consider
1. Commercial General Liability Insurance
When you operate an escape room, you see new people coming in and out of your building every day. But unlike a lounge or a quiet cafe, your customers are coming in to test out their problem-solving skills under pressure.
In those circumstances, people can easily slip and hurt themselves while running to the next station. And if you’re hosting multi-sized escape rooms with multiple groups, the risk of injury goes up even more as participants are rushing to solve the next puzzle within a confined space.
Commercial general liability insurance is a flexible policy that’s designed to help businesses navigate a wide range of situations. But where this type of insurance can come in especially handy for escape rooms is in its ability to cover property damage and personal injuries suffered by third parties.
2. Commercial Property Insurance
At the end of the day, your escape room experience comes down to how well you’re able to create an atmosphere. Once you get past all the props, tech, and setup involved with running a memorable escape room, there’s also a lot of standard equipment your company needs to function like computers, furniture, and debit machines.
Even when you’re taking precautions, however, accidents and unforeseen property damage can still happen. Sometimes fires can break out or buildings can get vandalized. Commercial property insurance makes it possible for you to receive compensation if an insured peril ever damages your professional equipment.
3. Cyber Liability Insurance
These days, more and more escape rooms are using the internet to book rooms simply because it’s often easier and more efficient to let customers pay online and go from there.
As convenient as going online can be, however, this approach doesn’t come without its risks. If you’re accepting payments online or storing customer information in the cloud, for example, you could be in trouble if that data is ever compromised.
Cyber liability insurance allows you to cover your bases when you’re storing information or collecting personal data through the internet.
This Is Why You Should Work With an Aligned Insurance Broker for Your Escape Room Insurance Needs
In a business as fast-paced as yours is, putting together an insurance package that covers your bases without leaving you over or underinsured isn’t easy.
Here at ALIGNED, our brokers will work hard to ensure that you get the coverage you deserve. Request your FREE escape room insurance quote today.
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