Yoga & Pilates Studio Insurance From Frost Insurance
Yoga studio insurance should do more than simply satisfy a landlord or check a box. At Frost Insurance Agency, we help yoga and Pilates studio owners find insurance designed around the way their businesses actually operate.
Through our relationship with The Hanover Insurance Group and other commercial insurance carriers, Frost can help studio owners evaluate their risks and build an insurance program that provides meaningful protection.
Why Yoga Studio Insurance Matters
Running a yoga or Pilates studio creates a unique combination of property, liability and professional exposures.
Consider a few everyday situations:
- A client slips or falls before, during or after a class.
- Pilates reformers or other equipment are damaged.
- A fire or water loss temporarily closes your studio.
- An employee is injured while working.
- A liability claim arises from an activity at the studio.
- Your business experiences a cyber incident involving customer or business information.
Having business insurance is important. Having yoga studio insurance that actually reflects your operation is even more important.
At Frost Insurance Agency, we believe coverage should start with understanding the business.
Insurance for Pilates Studios Requires the Same Attention
Pilates studio insurance deserves special consideration because many studios have a significant investment in equipment.
Reformers, towers, chairs and other specialized equipment can represent thousands of dollars in business property. Owners should make sure their property limits reflect what it would actually cost to replace their equipment following a covered loss.
There is another important question:
What happens to your income if a covered loss prevents you from holding classes?
Business income coverage may be an important part of protecting the financial side of your operation while repairs are made.
Frost Insurance and The Hanover
Frost Insurance Agency works with The Hanover Insurance Group and other respected commercial insurance carriers to provide options for business owners.
The Hanover offers commercial insurance solutions as well as claims and risk-management resources for businesses. Hanover’s Risk Solutions services include resources intended to help policyholders identify and reduce risks involving their facilities, employees and operations.
Depending on your studio’s operations and carrier underwriting requirements, coverage considerations may include:
- Commercial property
- General liability
- Business income
- Workers’ compensation
- Professional liability exposures
- Cyber liability
- Equipment and business personal property
- Employment-related exposures
- Commercial umbrella liability
The right combination depends on the individual studio.
Not Every Yoga or Pilates Studio Is the Same
That is why Frost takes the time to understand your operation before recommending coverage.
We may discuss questions such as:
- How many instructors work at the studio?
- Are instructors employees or independent contractors?
- Do you own or lease your building?
- What equipment do you own?
- Do you offer private instruction?
- Do you sell clothing, supplements or other merchandise?
- Do instructors provide services away from your studio?
- What would happen financially if your studio had to temporarily close?
The answers help us identify exposures that could easily be overlooked with a generic business insurance policy.
Independent Insurance Advice for Ohio Studios
Frost Insurance Agency is an independent insurance agency. That gives us the ability to evaluate a yoga or Pilates studio and determine which of our available insurance companies may be the right fit.
We aren’t interested in simply finding the cheapest policy.
We want to help you properly protect the business you’ve worked hard to build.
For yoga and Pilates studio owners in Northwest Ohio and throughout Ohio, that means looking carefully at liability, property, equipment, employees and the financial impact of an unexpected loss.
Looking for Yoga Studio Insurance in Ohio?
If you’re opening a new studio, adding instructors, purchasing additional equipment, moving to a larger location or simply haven’t reviewed your insurance recently, Frost Insurance Agency would be happy to take a look.
We can review your current coverage, learn how your studio operates and determine whether The Hanover Insurance Group or another Frost commercial insurance market may be a good fit.