How do you know for sure that your team/league sports insurance policies provide the coverage you need to protect against devastating lawsuits? Many local insurance agents and even so called sports insurance specialists are guilty of offering inadequate coverages.
Minimum standards for sports insurance have been set by a sports insurance expert, risk manager, and attorney John Sadler of Sadler Sports And Recreation Insurance. These standards are outlined in two separate checklists, one for private teams/leagues that purchase their own insurance one for teams/leagues with insurance provided by a municipal recreation department. Both our Sports Organization Insurance Checklist and Municipal Recreation Department Insurance Checklist can be found on our risk management page.
Sports administrators no longer need to frustrate themselves trying to determine what coverage and limits are necessary. They can simply submit the checklist to their insurance agent for completion. The insurance agent then checks off whether each standard has been met and signs his or her name.
Once the completed checklist has been received, administrators then can decide what to do based on the results. If your team/league hasn’t met the the mandatory standards, your insurance agent should remedy the problem or you should find a new insurance agent who can offer policies that meet the minimum standards.
Visit our team and league insurance page for more information on coverage or to get a quote. Or call us at (800) 622-7370!
Copyright 2014, Sadler & Company, Inc. All rights reserved.