The Insurance Policies Every Personal Trainer Needs to Have

June 25, 2018

Congratulations! You’ve decided to turn your passion for fitness into a career with your own personal training business. There’s a lot to do – get certified, register your business, find a space and build your customer base. As busy as you are getting your business off the ground, don’t forget to protect it with the right personal trainer insurance coverage. Just as you encourage your clients to protect themselves by  stretching before a workout, you need to protect your business from claims and lawsuits from clients or even employees.

Liability insurance for personal trainers can protect your company if a client is injured, if there is damage to property, or even if a client sues you because they didn’t get the results they were looking for. 

Here’s what you need to know about liability insurance for your personal training business.

Do Personal Trainers Need Insurance?

The short answer here is yes. As a licensed personal trainer, you may be required to carry insurance in order to maintain your license. Personal trainer insurance requirements vary from state to state, and these requirements are in place to help protect your personal training business from claims and lawsuits. Lawsuits are common and costly.   Liability insurance can cover defense costs, as well as any settlement or judgment.

Types of Insurance for Personal Trainers

There are two basic types of liability insurance: general liability and professional liability.

  • General liability insurance covers third-party claims of bodily injury and property damage. If a client gets injured during training, you may be liable for their medical costs and even lost wages. General liability insurance could cover these costs.
     
  • Professional liability insurance, sometimes called errors and omissions coverage, protects you against claims that you did something you shouldn’t have (an error) or didn’t do something you should have (an omission).

So, what type of insurance do personal trainers need? They should have both general and professional liability coverage. A comprehensive policy should cover the business owner as well as any employees or contract workers. Having the right coverage will protect your business if you are ever sued.

If you have employees in your personal training business, you may have additional requirements for insurance. Requirements for gym insurance may be different from those for a trainer who sees clients are their location.

How Much Does Personal Trainer Insurance Cost?

There can be a lot of unexpected costs that come up when you’re opening a new business, and you want to keep expenses down. But many business owners are pleasantly surprised at how affordable liability insurance can be, especially when you consider how much protection it offers. Many policies protect personal trainers for claims up to $1 million. 

Hiscox Insurance for Personal Trainers

Hiscox offers customized general and professional liability insurance for personal trainers. You’ll get all the coverage you need, and nothing you don’t. You’ll also get expert resources to help you if you are involved in a claim or lawsuit.

To learn more about liability insurance for personal trainers, visit Hiscox online or contact a Hiscox representative.