Insurance

Having insurance for your road racing event is just as important as obtaining a race permit. In fact, most of the times to obtain a race permit you need to show that you have insurance. Consulting your local council or police would be the first step to take as shown in the Race Permit section.

It is very important that insurance is obtained to cover your event. You want to have a good understanding and plan behind your event already established so that you can display these materials to whoever is insuring your event. Price of insurance will be determined based on how dangerous they think the event is and that will help you determine how much money you would need and if you can proceed with your event.

Most race events are supported by a larger entity like a school or an organization with insurance. This helps having an established organization to back you. Without it obtaining insurance can be very difficult to have your event. The necessity of having insurance is so important because of the extraordinary legal expenses that could come because of a claim happening because of your event. Regardless of the amount of care and safety put into the event, something can still go wrong and you want to make sure you have taken the right precautions to prevent suffering from legal damages.

Again, consulting with your local council and/or police is important before proceeding with having your event. Please obtain the proper information necessary so that you may have all the necessary requirements for managing your event.

After obtaining these items the next step is to start figuring out your Budget for your event while also looking to Sponsors to help fund the event.