Top 5 Best Insurance Providers for Small Gyms

When selecting the best insurance provider for your gym business, you'll want to look at more than just the price. You need to choose the right policy types for your gym, understand what's covered (and what's not), and think about if the policy limits will meet your needs. You also want to feel confident in their customer service, in case you ever have to file a claim.

It can take a lot of legwork to gather all this information together, so we've created this guide to help you get started.

Top 5 Best Insurance Providers for Small Gyms

Provider Best For Key Features AM Best Rating Price Estimates
Gym Insurance+ Martial arts, CrossFit, small gyms, 24-hour gyms Instant, same-day coverage;
Self-quote & buy online;
Generous limits at competitive rates 		A- (Excellent) ~$30–$100/mo
Next Insurance Personal trainers, home gyms Instant coverage;
Self-quote online;
Adjustable limits 		A- (Excellent) ~$30–$100/mo
The Hartford Small gyms, instructors Strong comp reputation;
Broad liability/property;
Agent-based quoting 		A+ (Superior) ~$45/mo
Hiscox Personal trainers, small gyms Agent quoting;
Alternate to Next in some markets 		A (Excellent) ~$100–$250/mo
K&K Insurance High-risk gyms, events Parkour, cheer, pools;
Event coverage options 		A (Excellent) ~$100–$150/mo

Note: This comparison chart is accurate as of June 2025. Available insurance coverage and prices can change without notice, so please double check any information here with the insurance provider.

1AM Best Ratings are independently managed credit ratings of insurance providers. Our strong recommendation is that you only consider insurance providers with an AM Best rating of A- (Excellent) or higher for your gym insurance.

Highlights

Gym Insurance+

  • Best overall for small gyms, martial arts schools, 24-hour gyms, and CrossFit affiliates
  • Industry-specific, tailored policies designed by gym owners - many popular gym amenities are automatically included (e.g. cold plunge pools, saunas, energy drink sales)
  • Prices tend to be lower because of strong fitness industry risk management
  • Fast online quoting and really good customer service make it easy for gym owners to buy
  • Doesn't offer building owners' coverage (yet!), so gym owners who own their own building will need to find coverage with another carrier

Next Insurance

  • Ideal for personal trainers and micro/home gym owners
  • Offers flexible limits to help new professionals meet minimum insurance requirements
  • Has a user-friendly app for on-the-go policy management
  • Doesn't offer coverage for 24-hour gyms
  • Only insures lowest risk fitness activities (i.e. yoga, pilates, personal training), so Martial Arts, CrossFit, power lifting, and other functional fitness fitness professionals will need to find coverage with another carrier

The Hartford

  • Good for small gyms in lowest risk fitness categories (i.e. yoga, pilates, cardio gyms)
  • Well-regarded reputation for workers' compensation policies
  • Strong nationwide agents and brokers network, so you can usually buy locally
  • Good reputation for customer service
  • Offers building owners' coverage

Hiscox

  • Strong alternative to Next Insurance for personal trainers, may be cheaper in certain markets
  • Strong nationwide agents and brokers network, so you can usually buy locally
  • Prefers to insure low risk fitness activities and isn't as flexible with gym owners adding new amenities (i.e. saunas) that are outside of their preferred risks

K&K Insurance

  • Best choice for highest risk gyms, such as cheerleading, competitive gymnastics, and parkour
  • Offers single and multi-day event and competition liability policies
  • No online services - customers have to call or email to request a quote

What Coverage Do You Need?

How to Choose

  • Although price is important, only looking at dollar amounts is not the best way to compare and choose
  • Make sure you understand your policy's limits (do they meet your needs), the coverages offered (do you really need Inland Marine?), and what's included vs. excluded (if you have a cold plunge pool, make sure it's not excluded from your liability policy!)
  • Listen to your gut and trust your first impressions as you're getting your quotes and asking questions - customer service and how the company treats you matters in insurance, especially if you ever have to file a claim
  • Read reviews, ask industry peers in person or in online communities (i.e. Facebook groups or Reddit subthreads), look for the company's AM Best rating (our recommendation: only buy from A- rated or higher carriers)

Conclusion

In summary, Gym Insurance+ is the best choice for small gyms, martial arts schools, CrossFit affiliates, and 24-hour gyms. Their insurance policies were designed by gym owners, for gym owners and their prices are competitive for industry-tailored coverage, making them a better choice than non-gym specialized carriers.

Personal trainers may see the best prices with Next Insurance and Hiscox, with Next Insurance as the preferred choice because of their online, instant coverage and self-service policy management. Higher-risk gyms, such as cheerleading, competitive gymnastics, and parkour, will likely find the best coverage with K&K Insurance, who can also provide one or multi-day event or competition liability insurance.

Get covered today

Don't let high costs or inadequate coverage hold your gym back. Protect your business and your students with insurance built for you.

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