The Difference Between Casino Rental Companies
If you live in or around a major metropolitan area, there are probably more than a handful of casino rental companies for you to choose from. The things you have to take into consideration when choosing a casino rental company are the same regardless of whether you are hosting a corporate casino party, or a non-profit casino party fund raiser, or even a home casino party. The component that most people tend to focus on is the pricing. Although this is definitely a key factor, is should be the final deciding factor after you have whittled down the field and you are sure that you are comparing apples to apples as they say. Savvy shoppers will get into details regarding table capacities, condition of equipment, dealer professionalism, run times, and other details to help them select the best company for their event. But the one critical factor that most peopl วัฒนธรรมน่าสนใจ e never consider is Insurance.
Why is Insurance so Important?
When a casino rental company carries an umbrella insurance policy, they are telling you that they care about you and want to protect you against any unanticipated problems that can and sometimes do occur. Equipment gets moved in and out of offices, banquet halls, and homes. Even with the greatest care, sometimes accidents occur and you will want to make sure that these things will be taken care of in a timely and professional manner. An insurance policy is a significant cost for any business and it should be the first clue to let you know that you are dealing with a reputable business that is in the game for the long haul.
Companies that do not carry insurance are betting that you the customer will focus entirely on price and that they can undercut anyone that has decided to carry insurance. They are also betting that they can roll the dice and operate for a long period of time without any incidents and make a hefty profit. The part that you need to be concerned about is their exit strategy in the case that they do have an incident. Let us assume that you hire a casino rental company (or any contractor for that matter) that does not carry insurance and they end up causing some damage that requires you to seek remedies from them. Their strategy is very simply to close the business and re-open tomorrow under a different name, and you are left holding the bag.
Corporate and Non-Profit customers that have rented out hotel conference rooms or banquet halls know that they are responsible for their guests AND outside entertainers or contractors they have hired for their events. Corporate event planners have lost their jobs by blowing away budgets due to unforeseen costs. Non-profit organizations end up losing their donors when they find out that all the money they though was going to a good cause has been diverted to paying for damages caused by a contractor that didn’t carry any insurance. Even with these examples, they are minor in comparison to the risks associated with home casino parties.
Home Casino Parties are Most At Risk
Individuals that contract for a private home casino party are the ones that are looking for the best deal and are focused mostly on the cost. Individuals don’t have the deep pockets that businesses and other established organizations have. They are people like you and me that work for a living and want to have that special event for their family and friends. It could be a Birthday Party, Bachelor Party, Graduation Party, or thousands of other great reasons. But if an uninsured casino rental company comes in and causes any damage or injury, you can rest assured that the only recourse the home owner will have is to file it against their homeowner’s policy which will mean a significant increase in their premiums…AFTER THEY MEET THEIR DEDUCTIBLES. That is the best case scenario. What could be worse you ask? How about if they are renting the home and don’t have renter’s insurance that specifically covers these types of issues. That’s when you know that your luck has completely run out.
How do You Know if a Company is Insured?
When shopping for a casino rental company, ask them for their insurance carrier and policy number, then contact the insurance company to verify that the policy is active and the amounts of their coverage. If you find out that you may be dealing with a casino rental company that does not carry an umbrella insurance policy, then the casino party event that you are putting together may turn out to be a bigger GAMBLE than you had originally planned for.