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Starting a Private Gym

Starting a Private Gym

If you're ready to take your fitness passion to new heights and take a walk on the business side, it might be time for you to consider opening a private gym. It's no secret that the fitness industry is full of promise and lucrative opportunities for professionals.

Running a business is not always fun, or easy and it requires a lot of hard work. At[...]

Liability Insurance for Martial Arts

Liability Insurance for Martial Arts

When you own a martial arts studio, you always keep a close eye on your cash flow and reserves. You want to keep your expenses to a minimum, so you can grow your business and make a profit. 

Gym Types and the Insurance They Require

Gym Types and the Insurance They Require

As a gym owner or manager, you want to protect your business and ensure the safety of your staff and members. There are a variety of different types of gyms, and all of them need insurance. However, they don't all need the same types of insurance.

It can be confusing when you already have so many items on your to-do list to try and determine the type[...]

How 24 Hour Gyms Differ When It Comes to Insurance

How 24 Hour Gyms Differ When It Comes to Insurance

When you own or manage a gym, you know that you need liability insurance at a bare minimum. A 24-hour gym also needs insurance but faces additional challenges. You probably opened a 24-hour gym to attract more customers and accommodate your customer base that doesn't work a traditional schedule. 

5 Legal Concerns for Gym Business Owners

5 Legal Concerns for Gym Business Owners

The legal concerns for any business are never-ending. For a gym owner, the list of considerations can be even more daunting. From employee safety to injury liability, there's a lot that can go wrong. With many new gyms opening and more people working to maintain their health, it's important to be aware of any legal concerns affecting your business.

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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.

Whether you are preparing for an event to celebrate a milestone in your personal life, profession, or your athletes, it is advisable to have a unique insurance cover. It will[...]

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 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?

There are, unfortunately, many risks involved in this line of business. It could[...]

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.

The law requires every[...]