You’ve likely been managing your own personal finances for years, so it might be tempting to just apply the same principles you use for your personal finances to your business. But there are important differences to consider.
For personal trainers and fitness instructors, preparation is key. Coming up with new exercises and routines to keep your clients motivated and on track to achieve their fitness goals can be extremely time-consuming, but this dedication can yield enormous gains.
What some personal trainers may not realize is how important another type of preparation can be: for those dedicated to the health and safety of their clients, obtaining the right insurance coverage is an absolute must.
If you’re a personal trainer looking to purchase General Liability insurance for the first time, let these five essential questions guide your decision-making process.
1) What type of insurance do I need?
General Liability insurance is designed to provide protection for accidents that occur on the job that result in bodily injury or property damage.
For personal trainers, these types of accidents are all too common: for example, a client may trip over weights that have been left out from an earlier training session, lose balance and fall off a treadmill, or use a weight machine in which the pin has not been properly inserted and causes an injury. In each of these cases, you as the personal trainer may be liable for any resulting injuries.
2) Will my General Liability policy cover me wherever I train?
You can take your General Liability coverage with you wherever you work. If your business includes in-home training sessions, boot camp in a public park, or training clients at a different gym, you’ll be glad you have a policy to cover you.
Even if the facility you train at has a General Liability insurance policy in place, this policy likely only covers employees, not fitness professionals who train clients on the gym’s premises. An individual policy designed to protect you specifically provides coverage for your defense costs or the injured’s medical damages should an accident occur.
3) What types of occurrences will I need coverage for?
Once you’ve decided to enroll in a General Liability insurance policy, it’s important that you understand exactly what activities are included in your coverage.
For example, if nutrition guidance and coaching are a key part of your client sessions, make sure you select a policy that covers these aspects of your personal training business. If you are not sure whether a certain insurance policy is a fit for your needs, you may be able to obtain a sample policy to review before you purchase.
4) What coverage duration will suit my needs?
Until recently, the only General Liability coverage available to fitness professionals was the standard annual policy. This “one-size-fits-all” option does not really fit the needs of many self-employed personal trainers with varying schedules and client loads.
By contrast, the short-term insurance policies arranged by Thimble can be purchased by the hour, the day, the week, the month, and all the way up to a year. That means you can purchase coverage for a single one-hour session for as little as $5, or get coverage for a two-week training stint with a new client—whatever your individual needs, we offer tailored General Liability coverage options to fit your timeline.
5) Who will need to receive proof of insurance?
If you are training clients in a space that you do not own, chances are that the owner of the facility will require that you provide proof of insurance. With Thimble, it couldn’t be easier to add Additional Insureds and share the Certificate of Insurance for your General Liability policy.
When adding a new Additional Insured to your policy, you can easily modify the “Description of Operations” and “Certificate Holder” fields of your ACORD certificate and share the document straight from the app via email. Even the most stringent gym owners will be impressed by how quickly you provide them with certified documentation that meets their specifications.
Our editorial content is intended for informational purposes only and is not written by a licensed insurance agent. Terms and conditions for rate and coverage may vary by class of business and state.