Do those race logos make your blood boil? Did you lose money on them?
All of these races are events that have – for one reason or another – “taken your money” or cancelled your race experience in the New England area, or rescheduled it so many times they may as well have.
For some, it’s because they went bankrupt and simply have no money left. Others tried very hard to provide refunds directly to the folks who had signed up. Others simple vanished, never to be heard from again.
In no particular order –
- Hero Rush – went bankrupt and simply have no money to refund. Active is doing an amazing thing and refunding people from their own pockets
- Run For Your Lives – rescheduled the dates and venues twice – landing on an already packed date.
- Jungle Cup – cancelled the event and ran.
- Hoppin Mad Mud Run – refunded participants from their own pockets, also offering race transfer to one of their other events.
- Escape/Jailbreak – I *believe* they refunded from their own pockets?
This is not an exhaustive list, either – and I’m only looking at regional events – make it nationwide and the list is massive.
Here’s the thing though – if you got a refund from them, consider yourself very lucky. If you were able to get the money back from your credit card company – that is also lucky (many people use debit cards, or fall outside the 90 day window many CC’s have for these kinds of charge disputes).
There is an alternative though. For only $7, you can buy insurance through Active.com during your checkout.
Is this worth it to you?
Of course – not everyone offers registration through Active. Other companies exist – but Active is still the most common, by far.
You may consider the cost of entry “disposable money”, in which case, don’t spend any more. If the risk is worth it to you, and you know you can eat the $30, $60, $90 registration fee (or whatever it was when you bought it) if the race goes under, then the insurance isn’t worth it.
But with many people – $90 for a race entry. More if it’s a longer distance or endurance event (Beast entries are listing at over $100, IronMan tri’s can run hundreds), then that little $7 insurance policy is suddenly worth it.
It doesn’t cover everything, of course. Weather related cancellations are the big thing they won’t cover – but if you sprain an ankle, or the race vendor goes bankrupt – you work directly with the insurance company to get your race money refunded, 100%
So – tell us. Will you be adding $7 race insurance to your entries from now on? Or, is the risk worth keeping the extra beer money in your pocket?