fitness centre insurance | BTCC Knowledge

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Do gym and fitness center owners need insurance?

At a minimum, gym and fitness center owners should have liability coverage to keep their small businesses protected from risks. We offer business insurance made for lots of different exercise locations and small gyms, such as: Accidents and injuries happen every day.

How much does gym insurance cost?

The total insurance cost can still be more than $10,000 annually. Note that the cost of workers’ compensation insurance is calculated using a formula that includes your business’ industry, claims history, and number of employees. The price can vary significantly even within the same industry. Multiple factors affect gym insurance costs.

Why is gym insurance important?

Gym owners fill their health clubs and fitness studios with expensive exercise equipment to give customers the best options for their training levels and goals. That’s why having gym insurance created to specifically protect gyms and fitness centers is so important.

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