FAQs

Implement safety audits, train staff, maintain equipment, and adjust deductibles. Regularly review policies to match current business needs and keep costs in check.

Gyms offering childcare need specific policies covering child-related injuries and risks, including staff issues and supervision.

Small studios, like yoga or pilates, should have professional liability for instruction-related claims and general liability for on-site injuries. Property insurance is also key for equipment and space. [...]

Larger gyms need more comprehensive insurance due to increased equipment and customer volume. This includes higher liability limits and possibly umbrella insurance for extra protection.

Gyms should have coverage for equipment injuries, slips, falls, and workout-related claims. Important policies include general liability and professional liability insurance.

You can lower premiums by implementing safety measures, choosing higher deductibles, and bundling policies. Regularly reviewing and updating your coverage can also help ensure you have the best rates. [...]

A BOP combines general liability and commercial property insurance, covering risks such as property damage, business interruption, and liability claims.

Yes, if you have employees, most states require you to carry workers' compensation insurance.

The cost varies based on factors like the type of products sold, location, and number of employees. On average, it ranges from $500 to $2,000 annually for comprehensive coverage. [...]

Retail stores typically need general liability, commercial property, and workers' compensation insurance. Depending on your business, you may also need cyber liability and product liability insurance. [...]