Philadelphia Insurance Companies offers flexible coverage for personal trainers and fitness professionals. Like most of the insurance companies on our list, PHYLY offers professional, general, and product liability in its base plan. For general and professional liability claims, PHYLY offers coverage of up to $1 million per claim with an annual aggregate of up to $3 million. PHYLY offers a yearly aggregate of $1 million for product liability claims. They offer a fast application process and a few customizable options for personal trainer insurance. 

PHYLY Policy Highlights

With several customizable options for policies, PHYLY advertises tailor-made fitness instructor insurance plans. Though the base plan is a $3 million aggregate for professional and general liability claims, you can increase that limit for additional fees. Additionally, PHYLY provides coverage for automobiles and crime and fidelity benefits. 

As far as cost, PHYLY offers two different base prices for certified and non-certified personal trainers. For certified personal trainers, the annual cost is $172. For non-certified personal trainers, the cost is $232 per year. The individualized costs and plans help to provide coverage for different career stages and accommodate a variety of budgets. 

A significant difference between PHYLY and some of the other insurance companies on our list, including NACAMS, is that PHYLY only offers claims-made insurance instead of occurrence-form insurance coverage. Claims-made insurance only allows coverage during the term of the policy. Meaning if an incident occurs while the policy is in place, but the claim is made after the end of the term, you are not eligible for coverage. This is in contrast to occurrence-form coverage, in which you are covered for incidents that occur within the policy term, even if the claim is filed after the policy expires. This is the preferred form of insurance as it provides a grace period for the claim to be filed. 

Furthermore, the base plan from PHYLY does not include coverage for several items, such as rental property, equipment, or identity theft protection. While they may have a lower premium in comparison to some other providers, PHYLY seems to lack the basic coverage that other companies include with the basic package. This lack of coverage areas may be a significant deciding factor when you shop for personal trainer insurance.

HISCOX is a small business insurance company that provides insurance for multiple industries, not just health and wellness. As a major name in the industry, HISCOX offers up to $2 million per occurrence for general and professional liability claims with an annual aggregate of $3 million. However, HISCOX does not offer coverage for product liability claims. If a client is hurt due to a product or equipment you use, you may not be eligible for coverage. At $853 per year, HISCOX has one of the highest annual premium costs for fitness instructor insurance on our list of competitors. 

HISCOX Policy Highlights

One benefit of choosing HISCOX as your insurance provider is they have a nationwide presence and reputation. As a primary insurance provider for many small businesses and professionals, HISCOX has significant resources to offer its policyholders. Their online process is simple and fast to complete, and your coverage will start immediately. 

Unlike other providers on our comparison list, HISCOX does not offer industry-preferred occurrence-form coverage. Because claims-made coverage is HISCOX's only option, it could expose you to a liability claim if it is filed after your policy term has ended. While you get the benefit of a nationally-recognized insurance provider, you may find the lack of coverage surprising. 

In addition to only providing claims-made insurance, HISCOX does not offer coverage for several areas. HISCOX will not provide coverage for product liability claims, identity theft protection, damaged or stolen equipment coverage, or rental property damage. Combining these coverage gaps and the high annual premium, HISCOX seems to fall short of some of the other options on our list. When you are ready to shop for personal trainer insurance, you will want to consider these factors carefully before making your final decision.

Next is a small business insurance company that covers a wide range of industries. Providing coverage for professional, general, and product liability claims, Next has its basics covered for personal trainer insurance. For professional and general liability claims, Next offers up to $1 million per occurrence with an annual aggregate of $3 million. Next also includes up to $1 million in coverage for product liability claims. Though you can get an instant quote for personal trainer insurance, the base price is $166 per year. 

Next Policy Highlights

Next stands out in our list for offering rental property damage coverage. If you rent the space you work out of, Next will provide up to $100,000 in coverage to help cover the cost of damages. For most fitness professionals, having this coverage is a significant help in securing their finances. Another potential benefit that Next provides is its three options for plans. Each of Next’s plans features different perks, and coverage amounts to best suit the needs of their policyholders. With flexible plan options, we have to give kudos to Next for the range of coverage options for personal trainers. 

However, there are some key differences in the coverage that Next offers and NACAMS. 

For example, Next does not offer coverage for identity theft. If an online predator steals your information, you could end up losing a significant amount of money and resources. Additionally, Next does not cover your equipment. Without this coverage, you would have to cover the entire cost of replacing damaged or stolen equipment. While they may offer a comparable premium, you will want to look closely at the coverage they do and do not provide before choosing Next as your insurance provider.