How Sports Are Insured

While on-field activities get the attention, an army of professionals works behind the scenes to conduct the business of sports. Whether the sport is football, soccer, basketball or even eSports, all have one thing in common — they require insurance.

While policies for participants need to be considered separately from the policies for the teams and the leagues, in the end, nearly every aspect of sport is insurable. Some policies are straightforward. Some policies are unique to sports. And some policies are becoming harder to find.

While the on-field activities get most of the attention, an army of professionals works behind the scenes to conduct the business of sports. All of those business tasks must be insured as they would be for any other business.

These policies begin with the team’s general liability and umbrella policies. These cover the team if someone gets hurt on team property, at a game or during an event.

One high-profile case came up earlier this year when a New England Patriots fan died in the stands after getting punched by an opposing team’s fan.