My wife trains about 12 clients per week out of our home gym. She has purchased separate liability coverage for her personal training so that is not the issue. When I recently tried to move my regular homeowner’s insurance I found that training out of the home is a big problem. Even though the regular homeowner’s policies provide no coverage for a home-based business, every company I have talked to will not insure our home because of the risk from the increased traffic from the clients and their concern that they will be sued anyway if there is an accident.
Of course one solution is to not tell the insurance company but there are problems with that approach. If you train out of your home, have you found any solutions to this problem?
Thanks for numerous answers. Unfortunately, most did not answer the question asked. As I noted, most insurers will not cover this risk. This isn’t an issue a lawyer can help with since they cannot make an insurer provide coverage. It isn’t a question of what liability coverage or business insurance (the type that Fitness and Wellness and others write) we need or what corporate structure we need. We are aware that my wife COULD train out of another location, but that is not what we desire for her part-time clients who don’t want to go to a gym. It is a question as to whether any other trainers have located companies that ARE willing to write homeowners coverage in this situation.
I have checked with insurance brokers and so far that has not provided anything of value. The only answer I saw in all of the various questions was to contact the K&K insurance brokerage which I will do.
So if there are any personal trainers who train in the home and have been able to obtain HOMEOWNER’S INSURANCE with an insurance company who is aware that you train out of your home, I would like to hear from you!!