What kind of aggregate limit should a personal trainer get and what premium should one seek to pay? I would think that training people in on a one on one basis may have different needs from training multiple people either in small group or massive (50+ people) bootcamp training. Does the number of people you train factor into how much insurance you need?
I’m not sure if you are familiar with the insurance that is offer thru IDEA, but they have a number of different options available depending the type of training you will be going. Here is their link:
The amount it also depends on the location where you work at. When I was in Chicago and I was doing corporate training, the building where the company was located at required me to have a larger aggregate limit than other locations I was operating at. So I had to adjust my current plan in order to be able to add them in my policy. A quick call to the insurance will answer all of your questions.
I hope this helps.
Hi Raul. The answer to your question about ‘how much’ insurance is enough definitely depends on a couple of important factors. For example, if your plan is to work with other studios/gyms, they will often ‘require’ you to carry a certain level of coverage. In that instance, the decision is pretty much taken out of your hands. However, if you are simply training clients on your own then you may want to discuss your plans and needs with your insurance carrier to get their recommendations. What I’ve found is that most of the liability insurance carriers for fitness professionals tend to offer only about 3-4 options/limits anyway, so this may limit your options.
Speak to your carrier.