Parent-teacher associations (PTAs) provide an opportunity for school families and volunteers to work together for the school community. One of the ways they might do this is by hosting events involving sports such as kickball or volleyball. Although these activities may bring excitement, they also carry the risk of injuries and property damage. And whenever those risks are present, organizations like PTAs need to ensure they are carrying the proper insurance.
While it might be natural to think PTAs are covered as a part of the schools’ insurance, that may not always be the case. Even though PTAs work closely with schools, schools may view PTAs as organizations separate from the school. This means PTAs are likely responsible for securing their own insurance to protect members, volunteers and participants. Without the proper protections in place, the organization itself may be vulnerable. That is why it is essential for PTAs to work with an agent at Bene-Marc Inc. to find the best sports insurance plan for their needs.
Sports insurance can provide PTAs with valuable financial protections. It also provides participants with the peace of mind in knowing they may be covered if they are injured at a PTA event. Although having sports insurance is not an industry requirement, it is recommended that PTAs, no matter their size, have it.
What Does Sports Insurance Cover for PTAs?
Even with proper planning and precautions in place, sporting events pose several risks to PTAs and their participants. Bodily injuries or damage to property may occur at these functions, and those unfortunate circumstances may lead to costly lawsuits, settlements or judgments. To understand the different aspects of sports insurance that can assist in covering these expenses, PTAs should meet with an insurance expert at Bene-Marc. Below are some various ways sports insurance can provide coverage.
Coverage for participants is available through different aspects of sports insurance. PTAs can secure policies that help pay for participants’ injuries or property damage resulting from a PTA event. This general liability coverage can help pay for medical expenses, property losses and legal costs.
PTAs may also receive coverage for medical payments if a participant is hurt during an event. These payments are typically available regardless of fault and are separate from the PTA’s general liability insurance coverage. Additionally, PTAs may be able to secure excess accident insurance, which provides additional coverage for medical expenses that arise from sports-related injuries. This insurance is optional and may have a dollar amount limit for a claim.
PTA Directors and Officers
Directors and officers insurance can help protect directors and officers of PTAs if they are sued while conducting PTA business. This coverage may pay for their legal expenses, and it can help cover the costs of settlements and judgments while protecting their personal property.
Sports insurance may cover different types of property utilized during PTA events. For instance, coverage may be available for assets of the PTA, and it can protect participants’ personal property in the event it is damaged or stolen. Coverage may also be available if a rented space is damaged during its use.
Members or Volunteers Misconduct
Even with training and vetting, PTA members or volunteers may engage in misconduct. Different coverages are available for these situations and may compensate for stolen money, cover the costs of lawsuits and provide compensation to injured parties.
Non-Owned Automobile Liability Coverage
PTA events may involve individuals driving personal vehicles. If a volunteer is in an accident, coverage may be available to help pay for the damage to the third party’s vehicle and the costs associated with the third party’s injuries.
How Much Sports Insurance Coverage Is Needed?
Each organization’s insurance needs differ, and the best amount of coverage depends the size of the program and the events it organizes. Some sports, such as touch football or other contact games, may require a higher limit, and the age of the participants is also a factor to consider.
How Much Does Sports Insurance Cost?
Many variables affect the cost of sports insurance. Some factors include the size of the program, coverage limits, locations, deductibles and your organization’s history of claims.
The experts at Bene-Marc can help design a plan that fits the needs and budget of your PTA. Call them today at 800-247-1734.