Common General Liability Coverages
Bodily Injury: One of the most important reasons to have gym liability insurance is its bodily injury coverage. This is the part that will pay for the medical costs of anyone who is injured on your property. This could be gym members or it could be someone who merely took a wrong turn, ended up on your property, and got hurt. Bodily injury also covers loss of services when applicable.
Property Damage: If someone’s presence at your gym results in their personal belongings being damaged or stolen, the property damage portion of your gym liability insurance policy will pay for the necessary repairs or complete replacement.
Products and Completed Ops: Some workout injuries do not show up until the person has left the gym. When this occurs, and it’s clear that the person received the injury while at your gym, this part of your coverage will pay for the medical bills associated with the injury.
Medical Payments: Some injuries are too minor to result in a lawsuit, but they still need to be treated, and those treatments need to be paid for by someone. When you have gym liability insurance, the medical payments clause will pay any costs related to such injuries.
Personal and Advertising Injury: There could be a time when a competitor claims you have committed libel, slander, or copyright infringement. At that point, you will have to defend yourself, which can be costly, unless you have gym liability insurance to cover your legal costs.
Damage to Premises Rented to You: When you rent a building for your gym and it is damaged in any way, this part of your gym liability insurance will cover repairs.
If you need gym liability insurance, please contact USA Business Insurance to find out what your options are.