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Should You Upgrade Your Gym Equipment? Yes, Let Us Show You Why

Should You Upgrade Your Gym Equipment? Yes, Let Us Show You Why

As a gym owner, it is crucial to understand that your gym's identity and success are often dependent on how you stock your gym. In fact, according to the IHRSA Health Club Consumer Report, eight of the top ten club attractions cited by gym members are equipment-related. That is why gym operators and owners need to realize how critical it is for them[...]

Placing Gym Coverage and How NEXO Can Help Insurance Brokers

Placing Gym Coverage and How NEXO Can Help Insurance Brokers

Fitness is an integral part of everyone’s health and the market is currently saturated with more fitness facilities than ever. Going just a few miles down a busy street, you might see 10 or more fitness centers. They vary in shape, size, and methodology, but they all have one thing in common aside from health – they need insurance!

Special Events Insurance: When You Need It and When You Don't

Special Events Insurance: When You Need It and When You Don't

If you thought you only needed medical and car insurance, you are wrong. Every time you have a special event or if you run a business, having an insurance cover is a must-have.

What Is Plate Glass Coverage and Do You Need It?

What Is Plate Glass Coverage and Do You Need It?

As a gym owner or manager, you have a lot of decisions to make and people and property to take care of on a daily basis. One of the decisions you need to make is about the level and type of business insurance that you need. You don't want to overspend and get the coverage you don't need, but you don't want to come up short when something happens.

What Is Participant Accident Insurance and Do You Need It?

What Is Participant Accident Insurance and Do You Need It?

Running a gym is a dream job. You get to stay active and make money doing what you love, and you provide a service that makes customers feel great. The liability side of the business can feel a bit closer to a nightmare sometimes though. Gyms can be risky places even with the best safety policies in place. These risks threaten the people that make[...]

What Is Property Insurance for a Gym

What Is Property Insurance for a Gym

Your top priority as a gym or fitness club owner is your gym members' wellness and health. You and your staff push your clients into becoming the best versions of themselves. However, can you say the same about your business, especially when it comes to insurance coverage?

The Benefits of Insuring Your Gym Equipment

The Benefits of Insuring Your Gym Equipment

Insuring your gym equipment and other assets is a sound business and risk management strategy. Insurance passes the risk of damage or loss to property and equipment from your gym to your insurance company. It gives you a safety net that helps reduce the financial impact of damage and loss of expensive fixed and movable equipment.

Texas Winter Storms Wreak Havoc on Gym Owners

Texas Winter Storms Wreak Havoc on Gym Owners

Unless you have been hiding under a rock for the past month, you are aware that Texas was hit with an expansive winter storm, covering the entire state in snow, and setting record-low temperatures. Inadequate winter infrastructure and frozen pipes resulted in not only a lack of running water, but also burst pipes and water damage. Yikes!

What Does Business Insurance Cover?

What Does Business Insurance Cover?

As a gym, fitness, or health club owner, you face more risk than other businesses because your primary operations include engaging clients in strenuous exercise every day. While your top priority is your clients' health, wellness, and fitness, you also have the responsibility of taking care of your staff and business.

What Type of Business Insurance Do I Need for a Gym?

What Type of Business Insurance Do I Need for a Gym?

Business insurance can be a source of apprehension for many gym owners. The additional costs of insurance coverage can add up quickly and be a significant portion of your monthly business expenses. However, in gym ownership, insurance cannot be considered a luxury. It is a vital component to ensure your business runs smoothly and is prepared for[...]