Athletic Field Insurance

Athletics fields are also used for educational and recreational activities of the general public and are owned by private entities as well as the government. These athletic fields are designed with retractable roofs or open-air, and rows of seats for the spectators. In some cases, they are designed with a VIP area, a stage for concerts, or government functions.

Some facilities found at athletic fields include locker rooms for the players, snack bars, restaurants, and private meeting rooms.

The design of the field athletics itself is made using natural soil or artificial grass that requires consistent proper maintenance. Running a professional athletics field business requires a lot of work and largely depends on the maintenance of your business’s grounds and reputation.

One perilous event can cause extensive damage to your business and end up causing you massive financial damage. It is essential to have athletic fields insurance to protect your business from lawsuits.

Cost of athletic field insurance

A standard cost of general liability insurance for a small athletic field business depends on location, size of the facility, amenities offered, experience, and claims history.

Why athletic field business requires insurance

An athletic field business should carry insurance to protect the business from financial ruin and meet specific lender requirements.

Because athletics and the general public use athletics fields, injuries are likely to occur during an event. A spectator can sustain an injury while celebrating their team and file a lawsuit against your business.

The athletic field can also be damaged by natural disasters such as a flood which can cause substantial damage that would need repair or replacement of the entire athletic field. Paying for all these potential hazards out-of-pocket can be financially costly. However, with an athletics field insurance cover, it covers your business from losses. The insurance cushions your business in the event of any unforeseen circumstances and largely will dictate how soon your business bounces back in the event of any damage.

Types of Athletic Fields coverages

For an athletic fields business there there is no one-size-fits-all coverage for your business. It largely depends on the risks your business faces.Having this in mind, here are some insurance coverages is for an athletic field business.

Commercial property 

This policy protects the physical building and the outdoor physical assets at the athletic field from damage caused by fire, theft, vandalism, or natural arts of nature.

Commercial flood

Floods as an act of nature can cause extensive damage to an athletic field regardless of whether the grounds have natural soil or artificial grass. Commercial property insurance does not cover damage caused by flood; however, if your athletics field business is located in a flood-prone area, it is advisable to carry commercial flood insurance.

Commercial general liability

This policy provides coverage for third-party injuries and property damage. Some scenarios include slip and fall by spectators, copyright infringement on your business website.

Athletic participation

This insurance protects your business if an athlete is injured while at your athletic field due to lack of maintenance of the grounds. General liability insurance does not cover injuries caused to athletics in the field.

Workers compensation

This policy pays for medical costs and wages lost should one of your employees sustain a work-related injury.

Each athletics field is different and has unique needs. Consulting a professional insurance agent will give you more insight into the coverage you should carry for your business.