Do I need to have insurance for my event?

Renter will evidence a One Million Dollar ($1,000,000) comprehensive/general liability policy adding Metropolist as an additional insured party. An insurance certificate must be delivered to Metropolist a minimum of before the day of the event. Insurance requirement can be waived in writing by Metropolist. Waiver of insurance requirement, or failure to provide proof of insurance, does not remove liability from the renter. Renter remains liable for any property damage or personal injury incurred during rental.Renter hereby indemnifies and holds harmless Metropolist and any of its agents and employees, from all liability for any acts or omissions of Renter, its employees, volunteers, audience members, licensee and invitees arising out of or related to the event, excluding those liabilities arising from the negligence of Metropolist, its employees or agents.