Can I switch my commercial liability insurance mid-year?

Yes, you can typically switch your commercial liability insurance at any time during your policy term. Many gym owners aren't aware of this flexibility, but it can be a valuable option for improving your coverage or reducing costs.

When does it make sense to switch insurance carriers?

Switching insurance carriers may be beneficial when:

• You can maintain your current coverage level while reducing costs
• You need increased coverage and can find it at a better rate
• You're experiencing poor customer service or claims processing with your current carrier
• Your current coverage doesn't properly address your gym's specific needs

How does the switching process work with Gym Insurance+?

We've simplified the process to make switching as convenient as possible:

1. Upload your current policy or quote to our AI-powered comparison tool
2. Review your potential savings instantly - no questionnaires or phone calls required
3. If savings are identified, you can either speak with an agent or complete the process independently online
4. Purchase your new policy
5. Use our automated cancellation assistance to help terminate your old policy

Will I get a refund from my current insurance carrier?

Most carriers provide prorated refunds when you cancel your policy. However, some important considerations:

• Some carriers require a minimum contract period (typically 3-6 months)
• Check your policy's fine print for specific cancellation terms
• Gym Insurance+ policies can be cancelled anytime for a prorated refund, with no minimum requirements

What should I avoid when switching insurance?

The most important consideration is maintaining continuous coverage. Never cancel your existing policy before your new policy is in place and active. This ensures you don't have any gaps in coverage that could leave your business exposed.

Are there any exceptions to mid-year switching?

Yes, workers' compensation insurance is a notable exception:

• These policies often have state-mandated penalties for mid-term cancellation
• Always consult with a licensed insurance agent before attempting to cancel workers' comp coverage
• Special regulations and requirements may apply depending on your state