Understanding Skate Park Insurance
Rollerblading, skateboarding, roller hockey. Whatever you call aggressive inline skating, landing a trick is exhilarating and good lines mean great exercise. Your skate park provides a valuable service and a source of entertainment to your local community and needs to be protected. Skate park insurance can help ensure that an injury or natural disaster doesn’t ruin your skate park’s business flow.
Risk Management Tips for Inline Skate Parks
The following are a few guidelines that can help inline skate parks reduce the risk of injuries and liabilities:
- Use a designer who specializes in inline skate parks (and is fully licensed and insured) as negligence in design is often cited in lawsuits against inline skate parks
- Have all skaters or their parents sign waivers (have your waivers drafted by a lawyer)
- Enforce a zero-tolerance policy when it comes to wearing safety gear
- Separate different areas for different skill levels
- Ensure spectator areas are protected and a safe distance from skating areas
- Post warnings and rules throughout your inline skate park
- Ensure employees are trained in park rules, policies, and procedures, facility and safety equipment inspection, maintenance and first aid
Inline Skate Park Insurance – What Does it Cover?
If your skate park has its own concession stand and/or sports shop, you may need Product Liability coverage. Otherwise, these are the basic coverages included in a skate park insurance plan:
Commercial General Liability Insurance – a general liability coverage that protects your business from lawsuits for injuries that may take place at your facility. Commercial general liability insurance can provide you with coverage for lawyer’s fees, defence costs, out-of-court settlements and awards for damages for accident, personal injury, property damage, libel/slander and false advertising claims.
Property Insurance – From fires to hailstorms to floods to windstorms to vandalism and more, property insurance is what protects you from having to pay out-of-pocket to replace or repair your park facilities and the inside sports equipment such as skates, pads, helmets, gloves, wrist guards, computers, office equipment and other business assets.
Business Interruption – If an insured peril causes enough damage to your skate park that you’re forced to close for repairs, Business Interruption coverage can reimburse you for the income lost either until you open again or until your income returns to pre-disaster levels.
Employment Practices Liability (EPL) Insurance – Provides liability coverage in case of lawsuits brought by current or former employees alleging that harassment or discrimination took place within your park operations.
ALIGNED – “Aggressive” Advocates Give you an Edge on Skate Park Insurance
The commercial insurance specialists at ALIGNED can save you time, money and the hassle of shopping around for the right inline skate park insurance coverage at the best rates. Commercial insurance is our specialty – we know how to ensure that your inline skate park is fully protected based on its specific needs. When you choose ALIGNED, you get an advocate working with Canada’s top insurance companies to get you comprehensive inline skate park insurance that covers your liability risks at affordable rates. Contact an ALIGNED advocate to get a free quote on inline skate park insurance in minutes