Business Details
28 Years
experience
Your Trusted Sports Insurance Partner in Richmond, VA
Established to address the unique insurance needs of sports organizations, Monument Sports Group specializes in tailored risk management solutions for professional and amateur sports entities. With expertise dating back to 1998, we provide comprehensive coverage including commercial liability, workers' compensation, property insurance, and specialized programs for sports facilities and events. Our partnerships with organizations like USIndoor and the Climbing Wall Association enable us to deliver competitive pricing and sports-specific policies.Leveraging deep industry relationships and a focus on risk mitigation, we help clients navigate complex insurance landscapes while prioritizing cost-effectiveness and long-term stability. Our commitment to the sports industry is reflected in our ability to secure viable markets and negotiate favorable terms even in challenging conditions.
Services
Commercial General Liability
Workers Compensation
Property Insurance
Participant Accident Insurance
Business Auto
Directors & Officers Liability
Cyber Insurance
Umbrella Coverage
Event Cancellation Insurance
Details
- Year established: 1998
Highlights and features
- We specialize in sports insurance with expertise dating back to 1998.
- Our partnerships enable exclusive, cost-effective programs for USIndoor and CWA members.
- We offer sports-specific policies addressing unique risks like participant legal liability.
- Our team maintains relationships with multiple carriers to secure optimal coverage terms.
- We focus on risk management to reduce premiums and control future insurance costs.
Services
Commercial General Liability
Protects sports facilities and events against third-party claims for bodily injury, property damage, and associated legal costs. Designed for arenas, climbing gyms, and recreational centers. Ensures compliance with venue requirements while mitigating financial risks from accidents.
Participant Accident Insurance
Covers medical expenses for participants injured during sports activities, including supplemental benefits beyond standard health insurance. Tailored for leagues, camps, and facilities to enhance safety and reduce liability exposure.
Property Insurance
Safeguards sports facilities against property damage from fire, storms, or vandalism, including coverage for equipment, contents, and income loss. Addresses unique risks like air-supported structures and ensures business continuity.
Umbrella Coverage
Provides additional liability limits beyond primary policies, protecting against catastrophic claims. Essential for high-risk sports operations to cover costs exceeding standard policy caps and maintain financial stability.
Event Cancellation Insurance
Reimburses financial losses from event cancellations due to weather, emergencies, or other covered disruptions. Supports organizers in recovering costs for venues, marketing, and logistics while ensuring attendee safety.
Questions
What types of sports insurance do you offer?
We provide liability, property, workers' compensation, participant accident, and specialized coverage for sports facilities, events, teams, and associations nationwide.
Do you insure climbing facilities?
Yes, we are the exclusive provider for the Climbing Wall Association, offering tailored policies for gyms and recreational climbing facilities.
Can amateur sports teams get coverage?
Yes, we offer programs for leagues, camps, tournaments, and youth sports, including liability and accident insurance.
How do you help reduce insurance costs?
Through partnerships like USIndoor, risk management strategies, and carrier relationships to negotiate competitive rates and control premium increases.
Are you licensed in all states?
We operate nationwide with licenses in multiple states, including California (license #0E14685), and serve clients across the U.S.
