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Whether you’re a children’s trainer, work at multiple gyms or teach virtual classes, personal trainer insurance can help protect you from client bodily injury, damage or professional misconduct. In general, teachers must have at least general liability insurance and professional liability insurance.
Liability Insurance For Personal Trainers
Big name companies like Nationwide and Progressive can connect you with a provider that offers personal trainer insurance, or you can work with industry specific providers like Insure Opportunity Group. Some fitness associations also partner with insurance companies to offer customized plans for their members.
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Ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customer satisfaction, cost and more.
It then provides specialized personal trainer insurance, which typically includes coverage for general liability, professional liability, workers’ compensation and commercial property. Then their standard prices stack into three tiers based on the coverage limits you need.
With Proximo, you can propose and manage your entire insurance policy, as well as additional guarantees and proof of insurance at no extra cost.
The National Academy of Sports Medicine, or NASM, also partners with Next to provide liability and professional liability coverage starting at $11 per month. Read the following business insurance review.
Compare Fitness Insurance Plans For Personal Trainers
Hiscox offers general and professional liability insurance for personal trainers. These policies can cover you against work done anywhere in the world – so if you host international yoga retreats or boot camps, this insurance company can be a good option.
You can apply online from Hiscox. Some shoppers can complete their purchase online, or they can call and speak to a licensed agent. Read a review of Hiscox insurance business.
If you are looking for industry expertise, networking or additional resources, Insure Opportunity Group may be the right provider for you.
Insure Fitness Group provides business insurance exclusively to personal trainers and other fitness professionals. The company’s personal training policy includes coverage for general liability, professional liability, product liability, damages and theft of equipment.
Personal Trainer Checklist
The cost of Insure Fitness Consulting Group is $179 per year, but only $59 per year for personal trainer students.
Like Next, Insure Opportunity Group allows you to generate a quote, purchase your policy and manage your coverage online. Insure Opportunity Group also offers its members discounts, exclusive content and other industry-specific perks.
If you have (or are working toward receiving) certification from the American Board of Practice, you can participate in ACE’s exclusive liability insurance program.
This program offers discounted rates on liability insurance to ACE-certified professionals through a partnership with Philadelphia Insurance Companies. When you receive or administer your policy, however, you will do so through the PHLY system, not through ACE.
Liability Insurance Coverage For In Home Virtual Personal Training
ACE Liability Insurance provides coverage for general and professional liability, sexual abuse liability, product liability, medical payments and damages on the premises. According to the ACE website, the one-year premium for this coverage starts at $172 and the two-year premium starts at $294.
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At a minimum, personal trainers must have general liability insurance and professional insurance. Two well-known certification organizations for personal trainers – the American College of Sports Medicine, or ACSM;
American College of Sports Medicine. Liability Insurance for ACSM Professionals | Fast Factors. Accessed Nov 28, 2022. All sources and National Academy of Sports Medicine, or NASM
Liability Insurance For Individuals & Businesses
National Academy of Sports Medicine. A Guide for Personal Trainer Accessed Nov 28, 2022. All sources – then suggest that their members can purchase these two types of items.
ACSM and NASM also recommend that you have your own personal trainer insurance even if you have coverage from an employer. An employer policy can only provide coverage, and it is unlikely that you will be covered by all the services that can be provided independently. Your contract with the client or gym may also require you to show proof of insurance before you start work.
General liability insurance typically covers legal and settlement costs associated with third-party injury, third-party property damage and personal injury and advertising.
For example, if your client trips a barbell on the floor during a training session and breaks his arm, your general policy would cover any liability for medical, legal or settlement costs. Similarly, if you demonstrate a client’s exercise and lose weight, smashing their laptop in the process, your plan would cover the cost of replacing the computer.
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Professional liability insurance, sometimes referred to as errors and omissions insurance, generally protects you against claims of professional negligence, mistakes or oversights, and breach of contract. This type of insurance includes the costs and settlement costs associated with these claims.
If, for example, you teach a class of exercise and later find out that it was too strict and you tear a muscle, your professional policy will cover you in the event of a lawsuit.
If you run a larger business — say if you have your own gym or employ other fitness instructors — you may need some additional insurance coverage.
Businesses property or buildings that are damaged by some accidents, weather events or other fortuitous events. If you lease training space, your landlord may require that you have this policy.
How Much Does General Liability Insurance Cost?
If a water pipe bursts in your training area and damages the area, business insurance covers your business’s replacement costs.
Medical expenses of employees who are injured or ill at work. Most US states require employers to have workers comp for their employees.
If one of your teachers is doing yoga ball trips, leading to a knee injury, their medical expenses would be covered under your workers compensation.
If you leave a customer’s home and leave your car in their garage, their commercial insurance policy will pay to repair your door.
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If you store health information about your customers, or financial information like credit card numbers, cybersecurity insurance can help you cover the cost of keeping your customers informed and the stolen data recovered after a hack. Some data breach coverage can often be added to a general liability insurance policy, so you don’t need to buy this on your own.
Many insurance providers also offer different types of insurance coverage under a business owner plan, or BOP. BOPs typically combine general liability insurance and commercial insurance and usually include business interruption insurance.
Personal teachers can get professional and general liability insurance from Next starting at $132 per year, according to the NASM website. Provide Fitness Group offers coverage packages for $179 per year.
In general, the more risk your business takes on — and the more coverage you need — the higher your premiums will be. For example, a personal trainer who works from home will likely have lower business insurance costs than someone who rents space in a gym and has an employee.
Free Personal Training Waiver And Release Form
Think about how your business operates every day. Evaluating your risks can help you decide what types of personal liability insurance you need and whether to consider additional policies on top of general liability and professional liability coverage.
When you’re ready to start looking at different insurance policies, you can work with a broker, market online or use insurance providers directly. Unless you have multiple complex insurance needs—say, you run a gym with multiple instructors—you may prefer both of these options. Marketing or earning directly from providers can be more hands-on and faster than working with a broker.
He recommends getting quotes from several insurance providers before making a decision. When comparing your options, consider:
If you need to add an additional invoice or generate an insurance policy invoice, it will be useful to understand how that process works with your provider ahead of time so that you can complete those tasks quickly after purchasing your policy.
Health & Fitness Liability For Personal Trainers
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