The Best Flood Insurance Solution for Sports Clubs
At Club Insure, it’s our mission to provide the very best cover and service for our clients. Flooding is one of the main issues we handle, and the main causes of claims. In recent years, flood claims have become more frequent and more costly. In this time, we also built a strong relationship with FloodFlash, the rapid flood payout insurer.
With the Euros kicking off in Germany this week, just two weeks after major flooding affected the country, FloodFlash thought it a good opportunity to communicate their message with sports clubs.
How does flooding affect sports clubs?
When a flood hits a sports club, the first casualty is often the pitch or playing surface. Long term flooding can require time and expert treatment to become playable again. Worse still, some clubs need to rent alternative premises, costly for the club.
As well as the pitch or grounds, sports clubs often feature clubhouses or hospitality facilities which bring in a significant portion of revenue. Flooding can leave these buildings requiring costly clean-up, repairs, and refurbishment.
Even if flooding doesn’t cause damage to the buildings or grounds themselves, business interruption can also be a loss driver. Refunds to fans and pitch or clubhouse users can be expensive, and paying bills and wages during this time can lead to clubs being out of pocket.
What’s the solution to sports club flooding?
Working with FloodFlash, we have helped a whole host of sports clubs with their cover, from local sports clubs to prestigious racecourses and previous hosts of major golf championships. Here’s how FloodFlash’s smart cover protects your club:
- Each policy includes FloodFlash smart sensor technology. When the sensor detects flooding, we begin the claim – meaning no dangerous trips to the pitch.
- Design the policy that suits the risk. Clubs with resilience measures may be able to cope with low-level flooding, so can benefit from a higher trigger.
- Use FloodFlash to cover any costs caused by a flood. Cover clubhouse repair, alternative pitch hire or spectator refunds. The choice is yours.
For professional sports clubs, the impacts of a flood can be severe. From refunds to fans, lost game-day revenue, and a large number of staff on their books, costs can quickly add up.
Get in touch with Club Insure today to have all your questions answered.
Learn more about FloodFlash
See the helpful video below which explains the benefits of FloodFlash cover through Club Insure.