Sports Insurance

Post date: Aug 6, 2010 5:51:24 PM

Do you think watching sports has no insurance implications what so ever? Think again.

Everything involved in your favorite sport is insured by someone. From the parking lot you park in, or the broadcast you watch on TV, to the equipment used by the athlete or the athletes themselves.

Sports insurance makes it all happen for us. Without it, there would be no professional sports. Someone has to pay the athletes salary if they hurt, or the team to find a replacement for them. Someone has to provide vendor liability coverage to the food suppliers incase someone gets sick or chokes. Someone has to compensate for canceled venues due to sever storm or disaster.

Things don't just magically happen in America without some form of assurances, which is just another word for insurances. In New York sports insurance is usually obtained through an independent insurance broker.