Sports Event Insurance: Liability, Cost & Quotes from $11

 

Insurance is valuable when it comes to sports events. Consider a situation where an athlete suffers an injury or fans damage the venue; In such a scenario, you want to ensure that you are covered from liability.

 When it comes to sports events, there are different sports special events insurance products that you can get depending on the specific event. For instance, for an athletics event, you can get athletic event insurance. 

Sports Event Liability Insurance 

Suppose a sporting event player, coach, or any other third party suffers an injury or property damage.

 This cover should help you compensate for the harm inflicted. If you run a sports camp, consider liability insurance for sports camps, as this will cover you from mishaps that will happen. 

 If you organize small sports events, it is best that you consider a $1 million per accident limit and a $2 million aggregate limit while negotiating the terms of your general liability policy with the insurance company.

Public Liability Insurance for Sports Event

There are times when bodily harm might be caused to a member of the public attending your event. In the event that the complainant is successfully able to prove negligence, you will be forced to pay some compensation. 

Public liability insurance for sports events helps you pay this claim and saves you from paying out of pocket. 

Product Liability Insurance for Sports Events 

Product liability insurance provides coverage for medical expenses if a third party sustains injuries due to food poisoning or improper food preparation which your sports event is responsible for.  It will also take care of administrative costs, attorney fees, and settlements if legal recourse is taken.

Sports Event Cancellation Insurance  

Imagine a situation where a sporting event into which you have invested money gets canceled. You stand to lose that investment and all the different deposits you’ve likely made. Fortunately, with sports event cancellation insurance, you are assured of a reimbursement that should cover your investment, including the deposits you’ve made. 

Temporary Auto Insurance for Sports Event 

You’ll use a vehicle to fetch persons integral to your sports events activities – teams, celebrities, bands, organizers, volunteers, and the like. And so, it will be smart to get temporary auto insurance that provides the following protection:

  • Auto liability coverage – Auto liability coverage will help cover expenses if your sports event’s vehicle causes an accident and inflicts injuries or property damage to third parties.
  • MedPay/personal injury protection – MedPay will cover the medical expenses of the passengers and the driver when your sports event’s vehicle causes an accident or gets involved in an accident.

 

 One Day Sports Insurance  

Suppose you have organized a one day sporting event and you do not particularly need long-term insurance. You should consider one day sporting event insurance as this will cover you the day of the event. Often, insurers offering this type of insurance will accept the purchase of the cover a day before the event as it is likely a matter of urgency. 

Ski Racing Insurance   

Ski racing insurance has participant accident coverage. This will cover medical expenses or medical expenses if the ski racers sustain injuries or property damage during the race.

 Ski racing insurance also comes with theft coverage. This will cover costs if owned or rented equipment used for the ski racing event becomes lost or damaged due to theft.

Running Race Insurance  

Running race insurance is special event insurance for sanctioned running races. The policy will cover liability, emergency medical expenses, and property damage. Inclusions in running race insurance are:

  • General liability insurance
  • Volunteer coverage
  • Operations insurance

General liability insurance for running races will cover costs if participants and other third-parties sustain property damage or bodily injuries during the running race. Costs covered are medical expenses, legal fees, and reimbursements for damaged property. 

Volunteer coverage is an add-on to general liability insurance for running races. This will cover medical expenses if ever volunteers sustain injuries due to an accident in the running race event.

Wrestling Event Insurance  

There is a real threat of injury during a wrestling event making wrestling event insurance a must-have. This policy covers the medical expenses in the event that a participant is injured or property is damaged. You want your wrestling event insurance to cover your teams, leagues, camps, and tournaments. 

Sporting Event Insurance Cost  

On average, one-day sports event insurance will cost $200. If the event lasts up to 10 days, you will pay $250 or more in premiums. The insurer will consider your previous sporting events, your claim history, and the number of people participating. 

Compare Cheap Sports Event Insurance Quotes Online

Get all the best quotes from leading providers in a click of a button!

Best Sports Event Insurance Companies 

CoverWallet 

CoverWallet has event insurance and you can get your sport event covered using it. Inclusions are general liability insurance, and cancellation insurance

Average cost: $152 for one-day coverage

Our rating: 10/10

Pros

  • Compare quotes online
  • Get instant coverage online

Cons

  • Doesn’t offer insurance written especially for sports events 

 

Thimble 

Thimble was founded in 2015 and has since grown to a Fortune 500 company with an A++ financial rating. Their professional indemnity insurance is highly rated amongst coaches and trainers as it provides comprehensive protection at a relatively cheap price.

Average cost: $158 for one-day coverage

Our rating: 9/10

Pros

  • One-day  event coverage for sports is available
  • You can get a quote and purchase the cover online

Cons 

  • Claims have to be filled either by email or through the phone
  • Customer service is not available over the phone 
  • Doesn’t underwrite tailored sport event insurance but covers sports with its generalized events coverage

Rank and Review Insurance Companies

Help others make better decisions

Show more

The USA Football Youth League Insurance 

It was founded to help provide American youth involved in football at whatever level insurance. Additionally, as the product is customer-centric, it pays for therapy following the incident.

 Average cost: $130 for one-day coverage

Our rating: 9/10 

Pros 

  • Special premium offers thus saving up to 25%
  • Commercial general liability of $1 million per occurrence or $2 million aggregate

Cons

  • Participants get a $100000 max accident limit

 

SportsCover Direct Insurance

SportsCover Direct was established in 1991. It covers the entire 50 states and Washington, DC. They have recently expanded into the UK market, offering specialist sports insurance online. AXA XL underwrites all policies, but they are BBB-rated. 

Average cost:  $167 for one-day coverage

Our rating: 8/10

Pros 

  • Prompt service
  • Responsive website 
  • Scalable coverage options 

Cons

  • A third party underwrites claims 

 

Sadler Sport & Recreation Insurance 

It was founded in 1946, with Sadler Sports & Recreation Insurance being its primary division. The insurer operates in all 50 states and currently insures 15700 sports organizations.

Sadler Sports & Recreation creates tailored insurance policies for each of its policyholders. Overall, you can expect the best quality insurance coverage at the lowest price point.

Average cost: $194 for one-day coverage

Our rating: 8/10

Pros 

  • More than 35% savings 
  • Quick processing of applications  
  • Instant quotes in less than 60 seconds 

Cons

  • Damage to premises limit of $10000
  • You can only purchase the policy through an agent 

 

John M. Glover 

Established in 1916, John M. Glover is a nationwide independent insurance agency that offers sports insurance for runs, marathons, and races. While based in Fairfield County, this insurer has extended its sports event coverage to Connecticut, New Jersey, Rhode Island, New York, and Hawaii. 

Average cost: $215 for one-day coverage

Our rating: 8/10

Pros 

  • Great customer service
  • Quick claim processing and approval process 
  • A mobile application is available 

Cons 

  • Not BBB accredited
  • A limited number of sports covered  

ESports Insurance

ESports Insurance has provided sports insurance coverage to amateur youth and adult sports organizations for over 20 years. Their agents work with you to ensure proper coverage is achieved. They have an A++ rating. 

Average cost: $250 for one-day coverage

Our rating: 6/10

Pros 

  • Lowest rates 
  • Flexible coverage with the option of tailor-making a solution 
  • A wide range of sports covered 

Cons

  • You can only cover one event per policy 

 

 

Recent Reviews

Recent Posts


Additional Business Insurance posts