The venue that hosted Travis Scott's tragic Astroworld Festival has a $26 million liability insurance policy but that's reportedly not close to the amount needed to cover damages victims and their families will be seeking.
A copy of NRG Park's Certificate of Liability Insurance shows the policy provides for $1 million in primary coverage with a $25 million umbrella. However, with eight dead and more than 300 injuries, damages are expected to cost hundreds of millions of dollars.
It's currently unknown if NRG has additional coverage but if the above policy doesn't cover the judgments, the venue would have to cover payments above the $26 million limit. Travis Scott and Live Nation's insurance policies are also unknown at this time.
Since last weekend's event, over 30 lawsuits have been filed against Scott, Live Nation, Drake, and additional defendants. Scroll above to view NRG Park's Certificate of Liability Insurance.
Source: TMZ
