What do baseball and homeowners’ insurance have in common? Actually, more than you might realize! If you or your children play competitive sports where there is a risk of someone getting injured, or if you just enjoy playing a game of lacrosse at a church picnic, you need homeowners’ insurance. In this article, you will read about what insurance coverage you need if you or your child were to cause an injury or property damage during a sports event.
Sports Injuries Happen!
Participation in sports is an excellent way to get physical activity. Further, playing sports is enjoyable whether you’re playing or watching! However, playing sports comes with risks. According to the CDC, almost 1.5 million sports injuries occur among U.S. high school students every year. Whether your child plays baseball, football, or you merely enjoy playing ball at family get-togethers, there is always a risk of sports-related injuries. Often these injuries are minor. However, you never know when something more serious could happen.
If you were to accidently cause an injury that landed someone in the hospital, you could be sued. That’s why it’s very important for you to make sure you have the insurance coverage needed if such a claim arose.
How Sports Liability Claims are Covered
If you were to accidently cause an injury or property damage when you’re playing sports, the insurance claim would be covered under your homeowners’ insurance policy. For example, if your child slide-tackled someone playing soccer and the other person tore their knee, you could get sued. That claim would be covered under your homeowners’ policy. Importantly, you don’t have control over what happens. You can’t know what you might get sued for. Let’s say your child caused someone to tear their ACL in a basketball game. If that player had a promising future in basketball, you could get sued a lot. If a young child was suffered some injury from a baseball you threw, there’s no telling how much you could be sued. This is why it’s vital to have a good homeowners’ insurance policy.
What You Need to Do
What you need to do is make sure you have a good limit of liability on your homeowners’ insurance policy. This way, you would have sufficient coverage if something were to happen. The limit of liability defines how much your policy will cover in the event of a claim. You need to make sure your limit is high enough for your needs. However, for some individuals, even if you have a $300,000 or $500,000 limit on your homeowners’ policy, that may not be sufficient coverage. If something catastrophic happened and you had to pay for someone’s (or multiple people’s) expensive medical costs, you may need more coverage. In that case, personal umbrella insurance would make up the difference. This policy provides extra coverage in the event that a claim exceeds your homeowners’ policy limit. Umbrella insurance policies are relatively inexpensive, often being as low as $20 or less per month.
Contact one of our Tennessee insurance professionals today to see if your limit of liability is sufficient for your needs, or if you need an umbrella policy. Voted Johnson City’s best insurance, our office will provide you with the most comprehensive policy available on the market today for the best rates available. Further, the home insurance professional you work with will make sure you know exactly what is covered in your policy.
If you have any questions about homeowner’s insurance, umbrella insurance, or your other insurance needs, don’t wait to get them answered! Contact our East Tennessee insurance office at (423) 292-4142, or send an email to firstname.lastname@example.org. We would be happy to give you more information and answer any of your questions.