NIL (name, image, and likeness) in the NCAA means that student athletes can earn compensation and become high-net-worth individuals from their likeness. Thus, they could be a target for lawsuits and thus should protect themselves through student athlete insurance.
As an insurance producer, you can expand your book of business by partnering with Prime Insurance Company to offer student athlete insurance to your clients who are in need of specialty liability insurance. We are a leading excess and surplus lines insurance company, that has been providing customized insurance policies to businesses and individuals for over 40 years. Read on to learn more, or get started by requesting an insurance quote today!
We can help insurance producers (agents and brokers) that are looking to write more business for their clients, including:
Student athlete insurance from Prime Insurance Company offers customized coverage to student athletes in high school and in college. It will give the athletes and their families peace of mind through our personal liability and TRU Umbrella policy that is tailored to their specific needs.
We listed a variety of coverages above but in addition to those listed, we can provide an insurance plan to cover your client’s work, home, and play areas of exposure. Our TRU Umbrella policies provide excess coverage for other scheduled primary insurance including auto, home, ATVs, boats, pets, and more. Some coverages may require an additional quote and/or premium.
All the coverages should be designed for 3rd parties, with the exception of the coverage for hazing.
You can select your desired limits of insurance:
$50,000 per occurrence / $100,000 aggregate
$75,000 per occurrence / $200,000 aggregate
$100,000 per occurrence / $300,000 aggregate
$250,000 per occurrence / $500,000 aggregate
$500,000 per occurrence / $1,000,000 aggregate
Self-Insured Retention (SIR):
Looking for the best insurance provider for student athletes? Prime Insurance Company should be at the top of your list. Our partnership approach requires that we speak with the insurance producer and the insured so we can better understand everyone’s needs in order to provide the right coverage, the right service, and most importantly, a long-lasting, healthy relationship.
A lot of people go with cheaper markets that will cost them and their insured more in the long run! Over the past years, many of the cheaper markets have run into trouble, gone broke, or stopped writing. As a result, Prime is writing more business and we remain committed to doing it right! Insureds need a more efficient insurance company and a better partner that’s willing to fight frivolous lawsuits practiced by legal professionals nationwide.
In short, Prime won’t compete with your other markets from a premium standpoint, but we will help you write the business you are turning away today. Plus, we’ll be by your side when a claim or lawsuit is filed against you. We are a true insurance partner!
Please note that we do not accept submissions more than 30 days from expiration. When needed, we can provide same-day quotes and proof of coverage, you just need to complete the Insured Underwriting Call and pay the premium to get it done! To finalize pricing we require a phone call with the owner/applicant. Get started with your student athlete insurance quote today by clicking the “Get a Quote!” button above.
There are many reasons why you should choose Prime as your insurance partner but here are some highlights:
At Prime, we build trusted relationships and want all parties to be involved. We arrange a phone call with every potential insured to provide fast, flexible underwriting for every client. From our underwriters to our legal team, the insured, and the producers — at Prime, everyone is considered a partner and our processes are designed for the mutual benefit of all parties involved.
“A” Rated Carrier With 40+ Years of Experience
The strength and stability of Prime have led us to over 40 years of experience in the insurance industry. Student-athlete insurance is our expertise!
We have it all under one roof – underwriting, legal, risk management, policy services, etc. You will have direct access to our staff and services, ready to assist you! We even have an in-house claims hotline if an incident or claim occurs, available 24/7. Prime can write up to $10 million in-house.
Extraordinary Claims Results
We pride ourselves on our ability to handle claims in-house and effectively. Prime’s team of attorneys and adjusters are here to assist you every step of the way. Unlike most insurance companies, Prime fights frivolous lawsuits. We will be by your side every step of the way!
Prime can help your clients even if they’ve been canceled or denied insurance in the past or have a claims history. We can insure student athletes all across the country! Whether your client needs a brand new policy or if they have gaps and exclusions in their current policy, we can write a customized insurance policy to fit their needs.
Prime has over 40 years of experience, making us one of the best insurance companies for student athlete insurance. Many insurance companies are turning away individuals and businesses that are deemed too risky, or, they could be leaving gaps/exclusions in policies that leave the policyholder exposed. Prime takes a more hands-on approach to learn about you, your client, and their needs so we can write a policy that ensures maximum protection.
Prime Insurance Company is an excess and surplus (E&S) lines insurance company, specializing in property and casualty insurance for non-standard, specialty risks. Prime currently produces in excess of $400 million gross premiums annually. The company writes E&S business in all 50 states and has an “A” (Excellent) rating by A.M. Best*. Prime has also earned a Financial Stability Rating® of A” (A Double Prime), Unsurpassed, from Demotech, Inc.**
Prime delivers coordinated services by integrating expert underwriting, policyholder services, policy accounting, premium financing, risk management, state tax payments, claims administration, and self-insured support program services all under one roof.
*see www.ambest.com for latest ratings
**The most current Financial Stability Rating® must be verified by visiting www.demotech.com.