Rotosurance provides security for fantasy sports team owners

Arizona Cardinals running back David Johnson (31) is tackled by Detroit Lions defensive back D.J. Hayden (31) during the first half of an NFL football game against the Arizona Cardinals in Detroit, Michigan USA, after the play left the field with an injury on Sunday, September 10, 2017. (Photo by Jorge Lemus/NurPhoto via Getty Images) /

Rotosurance lets fantasy sports players purchase security against injury for their games.

Football fans who spent a first-round draft pick on Arizona Cardinals running back David Johnson for the current season are the latest of a constantly growing group of fantasy sports team owners who have experienced the monetary pain that professional athletes’ physical pains can result in. There’s now a way to reduce that pain thanks to Rotosurance.

“I was swimming with some friends a few years ago, and forgot that my cell phone was in the pocket of my shorts,” said Ryan Flaherty of Rotosurance. “I went to the store expecting to have to shell out the cash for a new phone but found out that the third-party insurance I was paying for as part of my service plan covered the loss. That’s when I got the idea for providing a similar service for fantasy sports.”

With its patent-pending system, fantasy teams owners in season-long leagues can purchase insurance policies on any/all of their players. If the players should suffer season-ending injuries like Johnson did, policyholders who file a claim on that injury will have their entry fees for the game paid out to them.

Premiums are configured for each player based on his career history, including injury record and performance. The algorithm also includes projections for the player and are based on the entry fee that the team owner paid.

Flaherty says that policies for daily fantasy games are going to be launched at the end of October, and DFS players will be able to file claims on players for whom policies were purchased prior to games beginning. In order for a claim to be paid out, the player(s) would have to leave their respective games due to injury and not return.

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Injuries to professional athletes are inevitable, and there’s no way to insure that fantasy sports lineups will be immune to their effects. There is now a way to recoup entry fees lost from player injuries, however, because of Rotosurance’s offerings.