• Participant Liability Coverage
• Professional Liability Coverage
Becoming a yoga instructor can lead to a career path that’s both personally and financially rewarding, but taking on the role of a teacher comes with some risk. For example, instructors can sometimes be held financially liable if a student is seriously injured in one of their classes. Yoga insurance policies help protected yoga instructors in Vermont from a variety of covered risks that they’re exposed to.
Yoga insurance policies are specially designed commercial policies that meet the unique needs of yoga instructors and their businesses. Most of these policies come as package policies that have multiple coverages in them, and instructors can often adjust the their particular policy’s coverages so that the protections meet their needs.
Generally speaking, most yoga instructors and yoga studios in Vermont ought to carry yoga instructor insurance. Instructors and studios can be dangerously exposed to risks if they don’t have insurance, and this is usually the most appropriate type of insurance for this line of work.
In some situations, instructors might receive coverage through a studio that they work for. Not all studios provide coverage for instructors, though, and any coverage that a studio does offer likely won’t extend to classes and one-on-one sessions that aren’t directly offered through the studio.
Because of the caveats that often come with studio-provided coverage, instructors should consult an insurance agent who specializes in this type of commercial policy before they rely on a studio for their coverage. A knowledgeable agent will be able to review a studio’s policy and explain what (if any) protections it affords an instructor.
There are many coverages that a yoga instructor insurance policy might make available as standard or optional protections. Some fo the more commonly offered coverages are:
With many policies, the amount of commercial property coverage that’s provided can be adjusted to meet a policyholder’s needs. Instructors who have minimal equipment might be able to get very little commercial property coverage, while studios that own a building and have lots of supplies can likely get substantially more of this coverage.
Our business was with the same trusted agent for over 20 years. Mike Bancroft offered to evaluate our policies and see if he could save us some money on both Workmen's Comp and general liability. He did, and in the process even moved us to better coverage. Mike also offers a superb quality of service. Cannot recommend highly enough.
Mike Bancroft has been great to work with. He has assisted with my Business Auto, Tool Coverage, Homeowners and all other types of insurance needs. I wouldn't be surprised if they change their name to Paige, Campbell & Bancroft soon!
Extremely prompt, personable, and professional service! Despite only needing a workers' comp policy for one employee, Paige & Campbell was very receptive and ensured to shop my policy around to ensure I received a great price that was almost half of what another broker quoted me.
As is true with most insurance policies, the premiums for yoga instructor policies can vary. These policies tend to be quite affordable, though, and even new instructors can likely find a policy that’s within their budget.
An independent insurance agent can help instructors and studios find out exactly how much the coverages they need will cost given their specific situation.
Getting yoga instructor policy quotes and selecting a particular policy is usually a pretty straightforward process, but hiccups can cause minor delays in some situations. By working with an experienced insurance agent, yoga instructors and studios can ensure the process proceeds as quickly as possible and any hiccups are promptly addressed. Getting a policy is usually quite fast so long as an agent is helping.
For help finding yoga insurance, contact the insurance agents our Paige & Campbell Insurance. Our independent agents have worked with many yoga instructors and studios in Vermont, and we’re ready to assist you in finding a policy.
Mike Bancroft is simply an amazing agent. When my business got burglarized, I was so upset and didn't know what to do. I contacted Mike and he was very prompt in calling me back and he put my mind at ease. He made me feel so much better and handled all of the paperwork immediately. His customer service is top notch and I highly recommend him to be your insurance agent!