Are gyms considered buildings for commercial insurance?

Learn whether gyms are considered buildings for commercial insurance and why it's important for gym owners to have the right insurance coverage.

Aditya Raghunath - Writer for NEXT Insurance
By Aditya Raghunath
Michelle Meyer - Editor for NEXT Insurance
Reviewed by Michelle Meyer
Matt Crawford for NEXT Insurance
Fact-check by Matt Crawford

Updated June 2, 2023.

Gyms are generally considered buildings for commercial insurance purposes. A gym business insurance package, also known as fitness insurance, can provide financial help for different types of damage.

For example, if a fire breaks out and damages gym equipment, property insurance can help cover the cost of replacements or repairs.

Additional insurance considerations for gyms

In addition to property insurance, gyms may also need:

  • Liability insurance This includes general liability insurance and professional liability insurance, which can protect against potential lawsuits or claims from customers that are injured while using the gym's facilities or equipment. Liability insurance can generally cover legal fees, medical expenses and other costs associated with such claims.
  • Workers' compensation insurance This can be necessary for gym owners who have employees. It can provide benefits to employees who are injured or become ill while on the job by helping to cover medical expenses and lost wages.

How NEXT can help protect your gym

It's important to make sure your gym has proper commercial property insurance because it provides financial protection against unforeseen events such as property damage, accidents or liability claims.

Protect your gym building and your business with customized insurance coverage that meets all of your business needs. Easily get an instant quote online or reach out to our U.S.-based insurance professionals with any questions.

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