Ticketmaster provides its customers with an option to purchase event insurance through Allianz Global Assistance – a popular brand known for travel protection policies.
Durazo advises purchasing ticket insurance for high-ticket events, while local or lower cost events might not warrant this additional expense. He suggests reading through any fine print carefully to decide the appropriateness of this decision for yourself and considering your circumstances before purchasing insurance policies.
Cost
Attending concerts and events is often considered an investment for fans. They spend money on tickets, travel costs, or accommodation arrangements for themselves and their family members. Attendees may take time off work or cancel other plans in order to attend shows; it is understandable why so many ticket buyers purchase insurance to protect their financial investments should unexpected circumstances prevent them from attending shows.
Ticketmaster provides various ticket insurance policies to its customers, usually at an additional cost per ticket and covering non-attendance due to covered reasons (like illness). Most policies also cover purchases made via Ticketmaster like parking passes.
COVID-19 pandemic has caused changes to some Broadway ticket sellers’ refund policies and made them more flexible; some even allow fans to use their tickets for another performance if a date is canceled or postponed, giving concert ticket sellers another way of increasing sales and loyalty among their patrons. Adding similar capabilities could help increase ticket sales.
As with other forms of insurance, ticket insurance costs vary significantly and should be an important factor when considering it as part of your ticket purchase strategy. Some buyers may be willing to spend extra money for peace of mind and prevent losing out on tickets they purchase while others find the expense too steep for their budget.
Ticketmaster policies differ from other ticketing platforms’ policies in that Ticketmaster provides comprehensive ticket insurance, while others might only offer limited forms. Furthermore, such policies often exclude certain situations that would normally be covered – for instance if a concert was cancelled due to performers or venues being unfit to perform.
No matter the circumstance, most ticket buyers agree it’s wise to always read through any policy’s fine print before purchasing it. Even seemingly minor details can make an enormous difference should it ever become necessary. Some people have successfully used their insurance policies to reclaim hundreds of dollars while others found the process frustrating or their claims denied.
Coverage
Ticketmaster Insurance is an optional add-on that covers any unplanned events with tickets purchased through them. Cost varies based on ticket type and event; typically 10% of total ticket cost applies. Upgrade to premium seating or VIP access that includes this insurance could also be an option.
Are You an Event Fan? Tickets to concerts and sporting events typically go on sale weeks to months in advance. This allows fans to plan accordingly, budget for travel expenses, request time off work or childcare costs in order to attend, but in spite of your best intentions unexpected circumstances may prevent this from happening.
Event ticket insurance can be an excellent investment for both ticket holders and venues alike. Unlike resale options, ticket insurance provides ticket holders with an assurance of getting their money back if they cannot attend an event as promised. Furthermore, venues benefit greatly from providing this service, helping fill their venues and reselling unused tickets for future events.
However, before making your decision about ticket insurance coverage and whether or not to buy it, it’s important to understand exactly what it covers and compare it with other policies. For instance, many major providers provide coverage against illnesses that prevent attendees from attending an event–this feature could prove particularly helpful during a pandemic such as COVID-19.
As another way to protect your investments, one way is to use a credit card with purchase protection for tickets. This could provide compensation if an event were to be cancelled or postponed, covering ticket cost as well as related fees.
Although purchasing Ticketmaster Insurance can be beneficial, always read through all of its fine print to make sure that all your ticket purchases are covered. Furthermore, some policies only cover part of an event such as travel expenses or hotel costs; purchasing extra insurance might not justify its additional cost if attending local bands or sports teams.
If you’re uncertain of what to expect when purchasing tickets at an event venue, reach out directly to them to inquire about their ticket refund policy and any terms or conditions applicable. They should be able to answer any queries that arise regarding ticket refunds as well.
Refunds
As more people opt to attend concerts, sports games and other events that require buying tickets online, more ticket buyers are turning to insurance in case something unexpected should arise. Ticketmaster provides their own Event Ticket Protector plan; other alternatives may also be available and it is up to each ticket buyer individually to decide whether these extra costs are worthwhile.
Ticketmaster’s standard policy states that all sales are final; therefore no refunds will be offered in the event an event is postponed or canceled. An exception may arise in exceptional circumstances like pandemic outbreak or national emergencies which cannot be predicted beforehand.
Ticketmaster usually works to refund money back to the original purchaser quickly; however, sometimes there may be delays within their ticketing system which prevent this from occurring.
As an alternative to refunding, some insurance policies also provide “credit” that can be applied towards purchasing tickets for future events. Unfortunately, most credits are non-transferrable and are limited to purchasing similar tickets only; they cannot be combined with discounts or promotions offered elsewhere.
Cost of ticket insurance typically runs around 10% of total purchase cost, meaning for a $100 ticket this would equal around $10 in premium payments. But ticketmaster does not provide these policies out of kindness alone — rather they take a commission off every policy sold!
Before purchasing insurance from any provider, it’s a wise idea to research all available policies and make sure the one chosen meets your individual needs. For instance, some policies only cover death while omit COVID-19 related illnesses from coverage. It might also be worth checking if your credit card already offers ticket purchase protection – if so, this could save money as you won’t need additional coverage for ticket purchases.
Flexibility
Purchase tickets to an event is an investment, and can sometimes go awry due to unexpected circumstances such as performer illness, weather changes or venue closure. With Ticketmaster’s ticket insurance you can rest easy knowing your investment won’t go down the drain if unexpected events arise – they provide some peace of mind in such instances.
Ticketmaster Insurance Policy is offered as part of their checkout process for events on both their website and mobile app, enabling ticket purchasers to select coverage if needed. According to its terms and conditions, “Event Ticket Insurance covers your financial investment in event tickets (including fees) should you become unable to attend an Event due to covered reasons.
At most concerts or sporting events, insurance costs a small percentage of ticket price; on an event ticket priced at $100 this could amount to $10 or more in insurance costs. For more costly tickets such as VIP passes or sold-out events this could become considerably more costly.
While event insurance may seem beneficial, it’s essential to understand its scope. Exclusions and exceptions vary by policy; furthermore, buyers should note that insurance does not cover their attendance or deaths prior to events occurring – something some may find surprising.
Some customers have used their policies successfully in unexpected situations, saving hundreds of dollars on concert and sporting event tickets. Others, however, found them difficult to use due to complex requirements and confusing fine print. No matter whether or not you purchase the policy, it’s vitally important that you read its full terms and conditions prior to purchasing, so you know exactly what to expect in case of emergency and how you’d file a claim if necessary. If risk taking is worth your while; otherwise there may be other solutions that protect your hard-earned cash against losses associated with entertainment value loss.