Property & equipment

Property & equipment

Insurance that protects the physical property and equipment of a business or organisation against loss from theft, fire or other perils. Buildings, office contents, portable equipment and money can all be covered.

This type of insurance cover is particularly important for sports venues with an amount of portable sports equipment that could prove costly to replace. It is also an important consideration for motorsport clients who have expensive racing machinery, including race cars, motorcycles, spare parts and the tools required by engineers, technicians and mechanics to build and run them.

The cost to re-build or repair sports club or motorsport workshop facilities or to replace damaged machinery and team transportation could be enough to force a team, club or competitor to retire, if uninsured.

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