NAICS Code 524210-12 - Golf Insurance

Marketing Level - NAICS 8-Digit

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NAICS CODE 524210-12
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NAICS Code 524210-12 Description (8-Digit)

Golf insurance is a specialized type of insurance that provides coverage for golf courses, golfers, and golf-related businesses. This type of insurance is designed to protect against a range of risks that are unique to the golf industry, such as property damage, liability claims, and injuries to golfers or spectators. Golf insurance policies can be tailored to meet the specific needs of golf courses, golf clubs, driving ranges, and other businesses that operate in the golf industry.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 524210 page

Tools

Tools commonly used in the Golf Insurance industry for day-to-day tasks and operations.

  • Golf cart insurance
  • Liability insurance
  • Property insurance
  • Workers' compensation insurance
  • Equipment insurance
  • Hole-in-one insurance
  • Event cancellation insurance
  • Cyber liability insurance
  • Directors and officers insurance
  • Employment practices liability insurance

Industry Examples of Golf Insurance

Common products and services typical of NAICS Code 524210-12, illustrating the main business activities and contributions to the market.

  • Golf courses
  • Golf clubs
  • Driving ranges
  • Golf equipment manufacturers
  • Golf instructors
  • Golf tournament organizers
  • Golf cart rental companies
  • Golf course maintenance companies
  • Golf retail stores
  • Golf course management companies

History

A concise historical narrative of NAICS Code 524210-12 covering global milestones and recent developments within the United States.

  • The "Golf Insurance" industry has been around for several decades, with the first golf insurance policies being offered in the 1960s. These policies were designed to protect golfers from liability claims in case they caused damage or injury while playing. In the 1980s, the industry saw a significant increase in demand as more golf courses were built and more people took up the sport. Insurance companies began offering more comprehensive policies that covered not only liability but also equipment and personal injury. In recent years, the industry has continued to evolve with the introduction of new technologies such as GPS tracking and online booking systems. In the United States, the industry has seen steady growth over the past decade, with more golfers taking out insurance policies to protect themselves and their equipment while on the course.