Why should I turn on RegShield insurance for my event?
RegShield protection leads to greater purchase confidence for participants and more revenue for you via increased registrations and a RunSignup fee paid directly to you equal to 20% of the value of the insurance purchased by your participants (paid within 6 business days of the completion of your race). If a participant is unable to attend their race due to one of nearly 20 covered circumstances, they get 100% of their purchase back (registration and extra fees – not sales tax or add-on purchases due to variability in sales tax laws and provisioning of add-ons).
The RegShield insurance premium is 8.1% of the registration cost (including processing fees) with a minimum insurance premium of $2.99 for registrations up to $24.99 and a minimum of $3.99 for registrations from $25.00 to $49.23. Premiums for registrations above $49.23 are 8.1%. Premiums in some states that apply surcharges may be slightly different.