Sports insurance covers your sports team, including all staff and yourself as the owner, from the cost of lawsuits alleging negligence leading to property or physical damage, bodily injury, as well as false advertising, libel or slander. Sports teams have a fairly high risk exposure, and sports insurance is designed to shield owners from the risk that comes from the operations of a professional team. A comprehensive sports insurance package can also address a team's risks associated with owning property, hosting events, and more, depending on each individual situation.
Sports insurance allows teams to operate without fear of losing its assets if something goes wrong during the regular operations of the team.