Skydiving Clubs: How to Keep Your Business Safe and Secure
Insurance for Skydiving and Parachuting
Skydiving clubs and schools are springing up all around the world. It’s no wonder when you consider skydiving as a popular sport these days. In 2017 alone, there were close to 39,000 active members of the United States Parachute Association (USPA).
According to USPA, there were 21 fatal skydiving accidents in the U.S. in 2016, out of roughly 3.2 million jumps. Tandem skydiving saw one student fatality per 500,000 tandem jumps over the past decade. While these numbers are relatively low, the business owner may still be at serious risk.
Case in point: A 50-year-old parachute school in Vandalia, Illinois was caught up in litigation over the death of a student from a skydiving jump. The cost of defending the wrongful death lawsuit led to the school’s permanent closure.
Undoubtedly, you don’t want to go that route. Of course, you have waivers in place as a matter of routine, but they simply aren’t enough to protect against the high cost of defending yourself, much less paying for any award should you lose the case. But XINSURANCE goes the distance to help keep your business safe and secure.
About XINSURANCE
XINSURANCE, powered by Evolution Insurance Brokers, an insurance brokerage, provides customized liability insurance solutions for all skydiving operations — whether you’re an instructor, business owner, club, stunt diver or thrill seeker.
XINSURANCE has decades of experience finding insurance solutions for the recreational industry. We offer a new approach to insurance, with direct access to underwriting expertise, risk management assessments, advice and customer service. Our underwriting team brings you over 40 years of experience, along with the ability to offer customized limits, coverage, deductibles, and premiums to create the perfect plan for your personal and business protection.
- Partnership approach. We want to protect you the way no other carriers have
- Free policy review
- With in-house claims handling, underwriting, policy services, and RMD, we provide a true in-depth partnership from the beginning through the entire claims process
- We provide the peace of mind that you will be able to afford sufficient legal defense in the event of a liability claim
XINSURANCE is your best protection against costly litigation. Contact XINSURANCE today so you can rest easy tomorrow.
Authored by Rick J. Lindsey, President, Chairman, and CEO of XINSURANCE
Rick J. Lindsey hails from Salt Lake City, Utah. He began working in the mailroom of his father’s Salt Lake City insurance firm, getting his introduction to the business that became his lifelong career. Rick J. Lindsey quickly rose through the ranks while working in nearly every imaginable insurance industry job. As an entrepreneur, specialty lines underwriter, claims specialist, risk manager, and a licensed surplus lines broker, Rick J. Lindsey is highly skilled in all levels of leadership and execution. As he progressed on his career path, Rick J. Lindsey discovered an urgent need for insurers willing to write policies for high-risk individuals and businesses. He was frequently frustrated that he could not provide the liability protection these entities desperately needed to safeguard their assets. He also formed the belief that insurance companies acted too quickly to settle frivolous claims. Rick J. Lindsey decided to try a different approach. He started an insurance company and became the newly formed entity’s CEO. This opportunity has enabled Rick J. Lindsey to fill a void in the market and provide a valuable service to businesses, individuals, and insurance agents who write high-risk business. XINSURANCE also specializes in helping individuals and businesses who live a lifestyle or participate in activities that make them difficult for traditional carriers to insure. If you’ve been denied, non-renewed, or canceled coverage, don’t give up quite yet. Chances are XINSURANCE can help.
