Gym Insurance San Diego, California

General Liability Insurance for Gyms

This basic gym liability insurance covers the most common accidents in the gym, like slip and fall injuries, accidental injuries, property damage, and copyright infringement claims.

Professional Liability Insurance

It is also known as errors and omissions insurance. Inappropriate training programs or giving wrong advice to the client may result in huge lawsuits. They can lead to a huge financial burden on your small business. This insurance coverage will protect you against claims of any kind of negligence.

Business Owners Policy (BOP)

This combination of all major liability and property insurance risks in one policy can be a more affordable solution for your gym business. It typically protects gym owners from perils like property damage, business interruption, and liability.

Commercial Property Insurance

Protects your gym location and its contents from insured risks like natural disasters, including floods, lightning, explosions, hailstorms, fire, or theft and vandalism. Named perils may vary depending on your insurer.

Workers’ Comp Insurance

You are required to purchase the workers’ comp insurance if you have employees in your fitness studio. It would cover medical bills, lost wages, and funeral expenses if the death of an employee occurred during working hours. However, if your trainers are independent contractors, it is recommended that you ask them to carry a separate policy.

Medical Payments Coverage

This type of coverage is usually a part of general liability insurance. It covers the client’s immediate medical bills regardless of fault. It can be very useful to prevent minor injuries from developing into major claims – by taking care of the client’s health, you reduce the likelihood of a lawsuit.

Cyber Insurance

If your fitness center stores any kind of digital data, including credit card info, you will probably need cyber coverage. It will protect you against damages resulting from data breaches and cyber threats.

Business Interruption Insurance

Due to the current Covid pandemic, business interruption insurance may cover extra expenses and revenue loss that arise and are related to the restrictions or various natural disasters.

Business Equipment Insurance

Fitness equipment insurance protects your most valuable assets like elliptical trainers, treadmills, weight machines, and free weights are covered with this policy from damage, loss, or theft.

Product Liability Insurance

This policy protects your gym studio from claims of harm or damage from any product you endorse or sell, including nutritional supplements, workout gear, clothes, or equipment. It basically covers injuries or property damage caused by defective products you manufacture, distribute, or sell.

Event Insurance

This special policy covers larger events that may carry high risks. If you host some fitness competitions that bring many people who may somehow end up hurt, purchasing this policy is certainly a good move.