Types of Insurance for a Gym
Insurance for a gym will not only give you peace of mind, but will protect your investment from litigious activity. Understanding the types of liability insurance available may assist you in determining which type of coverage is right for you:
- General liability insurance: coverage for personal injury, special events, and general liability
- Property coverage: risk coverage for your building contents, income loss, theft or destruction of property
- Workers’ compensation: protects employees if they are injured on the job
- EPLI (employment practices): ensures ethical hiring practices, sexual harassment or wrongful termination
Gym liability costs are certainly an important consideration for gym owners. Talking with a reputable insurance company will help you determine not only which type of coverage is best, but also how to secure the most competitive rate.
For complete liability insurance for your gym, complete an online application or call Sports and Fitness Corporation at 800-844-0536.
Benefits of Liability Insurance for a Gym
Know the facts and benefits before pursuing insurance for a gym. Additionally, consider how offering certain services such as nutrition or childcare may be a factor when inquiring about liability insurance for a gym. Facts to consider:
- Should a patron become injured using equipment or training on your facility, gym insurance protects your business from legal action
- By law, you must have gym insurance before you can open your facility
- Coverage provides protection against legal action based on verbal advice given by a trainer or dietician (for example, if the client has an allergic reaction to a type of food suggested by the dietician)
- Gyms that offer childcare must pursue a comprehensive policy to avoid additional liability
The best coverage comes from industry experts. Sports and Fitness Insurance Corporation’s team of experts has over 35 years working in the fitness industry and over 100 years of combined underwriting experience ? a powerful combination delivered directly to gym owners across the country. We have been providing superior liability insurance for gym owners at competitive rates since 1985.
Call Sports and Fitness Corporation at 800-844-0536 to obtain a liability insurance quote for your gym.
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