Outdoor Sports Insurance Navigates Rising Rates Amid an Uncertain Economy
July 18, 2022
EDEN PRAIRIE, MINNESOTA (Monday, July 18, 2022) /OUTDOOR SPORTSWIRE/ – Outdoor Sports Insurance (outdoorsportsins.com), the longest-serving business insurance broker in snowsports, bike, and outdoor markets, is committed to finding proper coverage and affordable rates as insurance carriers continue to raise prices.
With 35 years of experience in the outdoor industry, Outdoor Sports Insurance has long-standing relationships and exclusive lines of coverage with top insurance carriers across the country. Amid a 6.6% increase in commercial insurance premiums in the first quarter of 2022, according to Business Insurance, Outdoor Sports Insurance is relying on these exceptional relationships to continue providing their clients with best-in-class coverage and an eye toward affordable premiums.
“The current insurance market is keeping pace with inflation, and in some cases far exceeding it,” says Outdoor Sports Insurance Managing Director Rob Martin. “It’s at times like these where our extensive history working with the outdoor industry gives us an advantage when it comes to negotiating with carriers on behalf of our clients.”
Between e-biking, backcountry skiing, climbing, and numerous other potentially dangerous outdoor activities, insurance carriers are taking a more cautious approach toward offering applicable lines of coverage.
“We work with over 2,500 outdoor businesses across the nation. Not only does that give us the expertise to properly protect your business, demo, event, or otherwise, but it also gives insurance carriers confidence in working with many of our clients, opening up doors that otherwise would not exist,” continues Martin.
ABOUT OUTDOOR SPORTS INSURANCE: Outdoor Sports Insurance is the longest-serving broker providing business insurance, risk management, and liability mitigation tools for retailers, brands, and outdoor professionals in snowsports, Bike, and Outdoor markets. The recognized market-share and mind-share leader in outdoor specialty insurance, Outdoor Sports Insurance has a legacy of engagement in emerging outdoor issues, best-in-class guidance and training, and exclusive products and services. For more information, please visit outdoorsportsins.com or contact Amos Horn, email@example.com.