Are You Properly Insured for the Wave of Spring Sports and Athletics?

As springtime begins, sports and athletics fill the calendar along with numerous opportunities to make lasting memories. But with sporting events comes the possibility of injury. So it is essential to review your insurance to make sure you and your family are covered.  


The team at Fusion Insurance Agency in Kansas City, Kansas, can discuss which policies best fit your needs. Contact us for additional information. 


Review Health Insurance 


Athletic activities unfortunately come with the risk of injuries and costly medical expenses. One of the first steps to ensure you are adequately protected is to review your health insurance coverage. Take note of the services covered (e.g., labs, x-rays and physical therapy), copays, deductibles and out-of-pocket maximums to gauge how much you may owe after an injury. It may also be beneficial to review if your plan offers in-network savings and to identify in-network hospitals and providers. 


Consider Securing Accident Insurance 


Accident insurance may provide an additional layer of financial protection by reducing your out-of-pocket expenses. It may provide payments directly to you after a qualifying event, which you can use to pay for costs not covered by your health insurance (e.g., deductibles and copays). Make sure to work with your agent to determine which activities are covered. Different sports have different risks, and you want to ensure you are adequately protected. 


Review League’s Insurance 


Another way athletes may receive coverage is through the team’s or league’s insurance. For example, suppose they are injured because of the team or league’s negligence (e.g., negligent supervision). In that case, the team or league’s general liability insurance policy may help pay for the resulting medical bills. Additionally, if the sports organization has excess accident insurance, that may provide coverage after your health insurance’s limit has been reached. 


Check Your Auto Policy 


Participating in sports leagues often involves carpooling and providing rides to practices and competitions. Before the season begins, review your personal auto policy to ensure you and your passengers are covered if an accident occurs. Liability insurance may provide coverage for third parties if you are at fault in an accident. Medical payments coverage may pay medical expenses for you and your passengers, regardless of fault. 


Check Your Homeowners Policy’s Personal Property Coverage 


Sports equipment can be expensive. It may also be subject to theft or damage. Often, homeowners insurance provides protection for personal property, including sporting goods. Review applicable deductibles, limits and exclusions to see how it applies to your equipment. 


Contact Us 


Spring sports are exciting, and the professionals at Fusion Insurance Agency can help make sure you are carrying the proper insurance to be ready for the season. Contact us today for more information.