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?
I have a home-based studio in my basement and my previous insurer cancelled my homeowner’s insurance due to my home-based business. Cancellation was due to the increased risk of injury because of increased traffic (i.e. more people coming to your house) My insurance agent was able to locate an insurer to provide coverage,and you are correct ,homeowner’s insurance and professional liability insurance are two completely separate issues. The broker is Scottsdale Surplus Lines Insurance Company (1-800-423-7675) and coverage is bound by Burns & Wilcox LTD (Crown Centre, 5005 Rockside Rd. Set. 330, Independence, Oh. 44131). I live in Ohio so check with your insurance agent to see if and what coverage may be available in your state. Don’t risk your wife continuing her training without the proper insurance coverage. My agent explained that the increased cost would be comparable to the cost of insurance for a business located elsewhere (storefront location). Best of luck.