Insuring Sporting Goods

Jan 13, 15 Insuring Sporting Goods

While it’s important to get some insurance for yourself if you plan to play any competitive sports that have a real possibility of causing bodily injury or harm, you can’t discount the need to insure your equipment as well. Sporting goods, especially grappling dummies in the case of martial arts classes, should probably be insured if there is a good chance they too might become damaged. Naturally you can avoid all this hassle for items which are easily replaced – balls, pucks, bats and the like. But if your equipment costs enough, then you need to do yourself a favor and get it insured.

There are ways to cut down on the costs of insurance too. One of these, a very easy one mind you, is to get exact numbers and amounts for items to be insured. Some agencies won’t offer a policy at all without specific information, like the number of dummies to be covered, for instance; others will just give you a “usual” exceedingly high rate to cover them, regardless of how many items you actually need insured. By providing accurate counts, you can avoid overpaying for insurance, as well as make shopping around between different providers a much simpler and more streamlined process.

Nailing down a specific amount paid per dummy will also help you to get lower rates from an insurer. Generally, less expensive things will cost less to insure, because they will cost less to replace in the event of damage, loss, theft or another unfortunate event. If you check at websites like you can find information about some of today’s most popular grappling dummies, including price points. Naturally, you’ll want to shop around to find the best purchase price, just like when buying anything else. Lower prices tend to mean lower insurance rates.

In general, new products cost less to insure than aged ones. Because replacement parts and even replacement items are more readily available for items of more recent manufacture, it’s easier to repair of replace them and so the costs of doing so are less. While you might save some money up front by going with used or damaged dummies, they will no doubt hold up under the regular abuse of punches and kicks to a lesser degree than newer dummies. Only you know your specific needs, but if you need something which will last a long time and cost less to replace when it finally does break, try newer dummy.

In these ways, you can reduce the cost of insuring sporting goods. While the tips given were certainly directed to grappling and physical training dummies, they apply to practically all sporting goods – as well as just about anything else you might want to insure. Exact numbers, figures and costs provided up front will get you more accurate insurance premiums and newer items are generally easier to replace or repair than older ones, so keeping these two points in mind when you’re looking to insure your goods will make the process both cheaper and easier.