In life the unexpected should always be anticipated. The best time to prepare for the unknown of tomorrow – is today. Sports Insurance offers peace of mind, allowing Teams, Organizations and Event Facilitators to relax, knowing even when things don’t go as planned, they’re properly insured. Here are some practical tips for finding affordable Sports Insurance.
Insurance Options
O2 Sports Insurance offers customizable Sports Insurance and Event policies. Depending on the level of Insurance coverage needed, there are a variety of different types of options to include in a Sports Insurance policy.
General Liability is the primary type of Insurance. It assists the policyholder when liability issues arise with a fan or patron at the event.
Excess Medical helps insure medical expenses after all other Insurances have been utilized.
Equipment Insurance provides Insurance to facilities and equipment in case of theft, weather damage, vandalism and more.
Event Insurance insures against potential financial losses when cancellations occur due to unexpected circumstances.
Travel Insurance insures equipment, luggage, flight cancellations and more when Teams are traveling.
Factors that Affect Sports Insurance Costs
Sports Insurance costs can vary depending on several factors, including the type of sport being played, age of participants, location, and the level of Insurance desired. The sport being played can heavily influence the cost. Activities are categorized into low, medium and high risk with higher-risk Sports generally costing more on average than low-contact Sports. Examples of each level of risk include:
- Low Risk: baseball, dance, track & field, golf, and tennis
- Medium Risk: flag football, ice hockey, skiing, and volleyball
- High Risk: tackle football, gymnastics, weightlifting, and rugby
When choosing a policy it’s important to determine each organization’s individual risk levels and potential Insurance needs. At O2 Sports Insurance, talking with one of our professional Team members can help determine the right level of Insurance necessary, ensuring a smooth and straightforward process.
Conclusion
When finding affordable Sports Insurance research is vital. Keeping these tips in mind will help determine what is needed and wanted out of not only an Insurance policy but an Insurance agency. At O2 Sports Insurance, we take Sports Insurance seriously and value giving each client exactly what they need in an Insurance policy, as well as top notch customer service. We partner together with our clients as a Team, so that their Team can be adequately insured, even when unexpected and stressful events happen. Contact us at (855) 351-0202 to learn more about affordable Insurance options and receive a quote from us today.