Public liability costs too much for some carnival clubs

Bridgewater carnival clubs have recently come forward in complaint regarding how hard-pushed they have been in their struggle to cope with rocketing business insurance costs.

Westonzoyland Carnival Club chairman Chris Burge recently remarked that his club only paid about £2,000 for public liability insurance cover last year.  However the cost of his cover had more than doubled this year to an eye-watering £4,386.

Stating that he believes the increased costs will leave the carnival club struggling, Mr Burge said that he’s had to put plans to improve cart buildings on hold as the money is no longer available.

The increased costs could spell true trouble for smaller clubs, the chairman remarked, as it could drive many of them out of business.  Mr Burge expressed his frustration for being punished by other public liability claimants, even though his carnival club hasn’t made a single claim in the more than 50 years it’s been running.

Insurance costs are expected to go up for Bridgewater’s Centurion Carnival Club, according to its secretary Janice Andrews.  Stating that it’s hard enough to raise money, Ms Andrews went on to say that she believed insurers are simply trying to do away with carnival.

Professional indemnity insurance provider NFU Mutual insures both clubs.  The insurer has said it has had to increase it premiums due to a number of substantial claims made by carnival clubs in recent years across the country.

Regional director for NFU Mutual John Calver remarked that the company has been paying out claim settlements that total more than eight times the amount paid by carnival policy holders in premiums throughout the past three years.  This has led the firm to increase premiums in the face of no other alternative, Mr Calver added.

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