Learn about business insurance requirements and the most common policies for personal trainers in Ohio.
Which policies are required for personal trainers in Ohio?
If you have a commercial lease, your property manager may require you to purchase general liability insurance. Commonly purchased by personal trainers in Ohio, general liability insurance can protect your business from expenses associated with common mishaps, such as client property damage and injuries.
State law in Ohio requires workers’ compensation coverage for all small businesses with at least one employee, which covers medical bills for work injuries.
What are the most common policies for personal trainers in Ohio?
The most common policies for personal trainers in Ohio vary depending on the value of your business property, the number of employees, and other factors.
Business owner's policy (BOP)
Personal trainers often qualify for a business owner’s policy. This package helps your business save money by bundling commercial property insurance with general liability insurance at an affordable rate. It protects your business property, including exercise equipment, and guards against common third-party lawsuits. It's the policy most often recommended by Insureon’s licensed agents.
General liability insurance
General liability insurance is the foundation of a personal trainer’s business protection, with coverage that extends to accidental client injuries, client property damage, and advertising injuries. Most commercial leases require you to have this coverage.
Ohio workers' compensation
Ohio state law requires workers’ compensation coverage for all small businesses with at least one employee. Whether you own a gym in Akron, teach classes at the YMCA in Canton, or run personalized sessions in your clients’ homes in Cleveland, injuries are always a possibility. When they occur, workers’ comp can help cover the medical costs. If you are a sole proprietor, the coverage is optional. However, if you pull a muscle or sprain an ankle while demonstrating a technique, you can turn to your workers’ comp policy to help pay your medical bills and lost wages.
Professional liability insurance
Professional liability insurance for personal trainers can cover legal expenses related to work mistakes, such as a client who claims your weight-lifting technique led to injury. If you’re sued for unsatisfactory results or a client injury, this policy will help pay the cost of hiring a lawyer, along with a settlement or court-ordered judgment.
What do personal trainers in Ohio pay for insurance?
According to an analysis of Insureon applications, the typical personal trainer in Ohio can expect to pay rates similar to the national median for business insurance.
For example, the median cost of professional liability insurance is $500 annually for Ohio personal trainers, about the same as the national median premium. General liability insurance for personal trainers in Ohio costs $350 annually, which is exactly the same as the national median.
Save time and money with Insureon
Insureon’s industry-leading technology helps personal trainers in Ohio save time and money shopping for insurance by comparing policies from top U.S. carriers. Start a free online application to review quotes for the policies that best fit your business. Our insurance agents are licensed in Ohio and can answer your questions as you consider coverage.
To make the application go quicker, have this information ready:
- Workforce details, such as the number and types of employees
- Current and projected revenue
- Business partnerships
- Insurance history and prior claims
- Commercial lease insurance requirements
Apply for free insurance quotes for personal trainers today.