As a licensed personal fitness 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. Liability insurance can cover defense costs, as well as any settlement or judgment. Lawsuits are common and can be very costly.
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
Trainers should have both general and professional liability coverage. A comprehensive policy should cover the business owner and any employees or contract workers. The right coverage will protect your business if you are ever sued. You may have additional requirements for insurance, if you have employees in your personal training business. Requirements for gym insurance may be different from those for a trainer who sees clients at their location.
How Much Does Personal Trainer Insurance Cost?
Unexpected costs can come up when you’re opening a new business, but many business owners are surprised at how affordable liability insurance can be, when considering how much protection it offers. Many policies protect personal trainers for claims up to $1 million.
Insurance for Yoga Instructors
Personal trainers exclusively teaching yoga can obtain lower rates through our Yoga Instructor Insurance Program.
Virtual Training Insurance Coverage for Personal Trainers
The policy provides insurance coverage for virtual personal trainers under your direct supervision or that is organized by you for your clients, including material created by you that is accessible to your clients only (through a private platform such as a password protected website or a closed Facebook group). The policy does not provide Insurance coverage for any training material that is accessible to the general public.