Why is Property Insurance necessary?
A Booster Club will sometimes own miscellaneous property used in the operation. Just as you would protect your own personal or business property with property insurance, you would likewise protect Booster Club property. It is the responsibility of leadership to see that this property is properly insured against loss due to fire, lightning, windstorm, theft, earthquake, vandalism, and other perils. A Booster Club and its leadership can either retain this exposure to property loss and self-insure (not advisable), or transfer this exposure to another through the use of inland marine property insurance. What is an Additional Insured Certificate? Occasionally, someone will ask that they be added to your General Liability insurance policy as an Additional Insured, or that they be named as an Additional Insured onto your General Liability insurance policy. This usually occurs when you are having some type of meeting or event in a building or upon property that your Booster Club does not own,
