Let's face it - insurance policies aren't exactly light reading. They're filled with industry terms, complex clauses, and enough fine print to make your eyes cross. But understanding your coverage shouldn't require a law degree. Here's what you really need to know about your policy documents.
Your policy has several crucial sections:
After reviewing hundreds of gym policies, we've noticed some frequent coverage gaps:
Not sure if your coverage matches your needs? Here's a practical tip: Upload your current policy on our website for an instant review. We'll compare your coverage against what we typically recommend for your type of facility and highlight any potential gaps or areas where you might be over or underinsured.
This isn't about selling you something - it's about making sure you have the right protection for your specific situation. We've seen too many gym owners discover coverage gaps only after something goes wrong.
Here's a real example: We recently reviewed a policy for a yoga studio owner who thought they had full coverage for their studio. However, their policy had an "aerial yoga classes" exclusion - meaning their new, popular aerial silks classes weren’t protected by their general and professional liability policies. We were able to help them cancel their old policy for a full refund and get complete coverage for all their classes with a Gym Insurance+ policy, but this is the kind of detail that's easy to miss if you're not familiar with policy language.
Remember: Insurance policies are legal contracts, but they don't have to be mysteries. If something isn't clear, ask questions. You deserve to know exactly what protection you're paying for.