Participant liability: Coverage for students, staff, or volunteers if they’re injured while participating in a yoga activity off-site.Premises liability: Provides coverage for injuries or property damage sustained by a student, delivery person, or any other person with a reason to be on the premises.

Bodily injury liability: Covers injuries to students and to any non-employees who may be in your waiting area during a yoga class.Equipment and contents coverage: Covers loss or damage to things like mirrors, mats and computers due to fire, severe weather and more.Building coverage: Covers loss or damage to your structure due to fire, storms and vandalism.Lenders and investors won’t fund you without it, potential customers and partners won’t trust you without it, and top-notch employees won’t take you seriously without it. Yoga studio insurance isn’t legally required, but it is a practical necessity to keep your studio afloat in the long term. It’s also important for all the other reasons that regular business insurance is important: It helps you rebuild after a natural disaster, it pays to replace stolen equipment and décor, it helps you cover employee medical expenses if they’re hurt on the job, and much more. This makes liability coverage easily the most important part of your yoga studio insurance. Whether or not you’re actually at fault, the cost of a lawsuit can easily put your studio out of business. Yoga studios are in the health and wellness sector, a niche where customers are particularly likely to sue. When you work with your independent insurance agent, you can discuss your situation and, together, you and your agent can identify the right blend of coverage to help keep you protected. Yoga studio insurance doesn’t have to include all of that coverage if you don’t need it, but it should definitely include liability insurance at a minimum, and preferably commercial property insurance as well. Directors and officers (D&O) insurance : Covers legal costs for high-level employees and board members if they’re sued over their actions on behalf of your business.Workers' compensation : Covers medical costs for your employees if they’re injured on the job.Commercial vehicle insurance : Covers company vehicles.Commercial property insurance : Covers damage to any buildings and items that your business owns.Our partner, Thimble, offers a flexible version of this. General liability insurance : Covers the cost of legal representation and damages if you’re sued.

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