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Escape rooms divert exposures with specialized coverage

Posted On: Oct. 23, 2018 8:00 AM CST

Escape rooms divert exposures with specialized coverage

You just can’t escape insurance.

Dallas-based Take1 Insurance, a division of U.S Risk Insurance Group Inc., now provides a customized, cost-effective insurance policy uniquely tailored to the market needs of North American escape room owner/operators, Take One said in a statement Oct. 15.

The policy is being endorsed by the industry’s trade group, the Association for Room Escapes of North America (ARENA), the statement said.

The new ARENA program offered through Take1 Insurance provides members throughout the country with competitively priced General Liability and Property insurance in a “package” that includes Business Interruption and Hired/Non-owned Auto Liability as well as Excess and Liquor Liability, if needed.  

“A new and growing live experience industry requires a custom-tailored insurance policy from the experts in live event entertainment insurance,” ARENA Secretary Daryl Davis said in the statement. “We turned to Take1 Insurance to help us create a policy that cost effectively meets the unique risk needs of our membership. This policy is now available exclusively to our membership.”

Just a four-minute application can help members “escape” the pitfalls of not being covered.

“Our carrier partner took the time to understand the industry because it sees the value in working with a trade association like ARENA. We have created the mass required to generate adequate premium dollars for thoughtful review.”