5 Benefits of Sporting Event Insurance
Sports events, as with all events, carry a risk to the organiser. If you’re planning an upcoming sports event, it’s vital that you obtain sports event insurance, whether you’re hosting a triathlon, football tournament or golf day. Getting sporting event insurance can provide you with protection in the event of unforeseen circumstances, giving you peace of mind.
Ultimately, there are many benefits to getting sports special event insurance, and we’ve written a list of the five top benefits below – so keep reading to learn more.
If you would like to get a quote on sports tournament insurance, then please contact us via the details at the bottom.
What is Sports Event Insurance?
Essentially, sporting event insurance is a type of cover that can provide protection for organisers of both amateur and professional sports events. Examples include community sports days, football tournaments, boxing tournaments, charity sports evenings, water sports festivals, boat racing and regattas.
This type of insurance is suitable for most sports events. Whether it’s a small event with under 100 visitors, or a national event, insurance is always recommended. Generally, insurance for sports events provides public liability insurance for the event organiser.
Additionally, it can also extend to include event cancellation insurance too. At David J Miller Insurance Brokers, we can also include key personnel non-appearance insurance cover, terrorism and property cover and event employers’ liability insurance.
Event public liability insurance can protect members of the public in the event of injury or damage to them or their property as a result of the insured’s negligence. Cover can range from £1,000,000 up to £20,000,000, depending on the size of the sports event.
Risk Management
The first benefit of having comprehensive sporting event cancellation cover is that it can help protect your event from unexpected losses – as a result of things like weather, injury and other unforeseen circumstances. If you are not protected with event insurance cover, you can end up losing significant sums of money. Consequently, this can result in disastrous outcomes such as threatening the existence of your future events.
Find out more about covering your sporting events participants.
Financial Protection
Secondly, cancellation insurance for sporting events can help cover the costs associated with cancellation or postponement of the event. Having financial protection is a major benefit and is something that you should definitely have when organising an event.
Peace of Mind
In addition to this, the mere fact that you have proper insurance for your sports event will give you peace of mind and allow you to focus on other elements of organising your event. With an events insurance policy in place, you can have peace of mind to concentrate on running the best, most successful event possible for everyone involved.
Professionalism
Furthermore, having sporting event insurance coverage communicates that you take your event seriously and professionally as an organiser. By demonstrating your commitment to providing a safe environment for participants, spectators, and the public, your event becomes more professional and respected, which could attract new people in the future.
Legal Protection
Finally, events liability insurance for sporting events can provide legal protection and cover the costs associated with any lawsuits or claims. Unfortunately, unforeseen events can sometimes lead to accidents, resulting in litigious claims. However, with event insurance coverage, you can be protected should this happen for whatever reason.
Sporting Events Insurance Brokers
When you’re looking for competitive sporting insurance your next event, there are many benefits of choosing our services. First, we have a vast amount of experience and expertise in events insurance, with our origins in the industry dating back to 1965. Our team is highly experienced and endeavours to get the best events insurance policy tailored to your specific requirements.
Our events insurance brokers pride themselves on five-star customer service and support. This means cheap event insurance quotes are provided as soon as we receive them, a dedicated response on arranging cover, and committed support throughout. With many repeat customers, we’re a safe and trusted events insurance company to work with – so why not get cover for your sport event today with David J Miller Insurance Brokers?
How Do You Obtain Insurance for a Sporting Event?
If you have an upcoming sports event that you are going to be organising, then it’s imperative that you get sports event insurance. No matter the size of your event – whether it’s a local event or a nationally televised sporting occasion – David J Miller Insurance Brokers can provide you with first-class sports event insurance cover.
To get a tailored insurance quote for your sports event, please contact us or use our enquiry form. We will give you a competitive quote on a bespoke sports event insurance policy.
