Yoga studios are a place for peace, quiet, and trying to form your body into the shape of a tree while balancing on one foot combined with deep breathing. Sometimes, trying to forget about the stress of your everyday life can lead to a twisted knee or sprained wrist.
As a yoga instructor if someone pushes themselves too hard in your studio, you’re liable for their injuries. Our independent agents are available to help you find the best insurance for your studio so that you can continue to keep your students flowing smoothly from high to low. Namaste.
Yoga studio insurance is a specific type of business insurance that protects you and your practice from financial misfortunes in the event that a student gets injured before, during, or after attending a class at your studio or in your space.
Maybe. If you’ve taken out a loan to start your yoga studio, then your financial institution may require insurance. However, in most cases, yoga studio insurance is not mandatory but an important way to protect your business.
Even if you’re the best yoga instructor in town, one person twisting their ankle while trying to do a warrior pose or tweaking their back while heading into downward dog can ruin shavasana for everyone. For a minimal price you protect yourself, your studio, and your students.
Just like there are a variety of yoga styles, there are a variety of ways to insure your yoga studio. These policies provide several options from property coverage to participant liability so that you can build a policy that is right for you and your business.
Yoga insurance coverage can include the following policies:
Depending on how many students your studio has, whether you work alone or with a yoga posse, and whether your posse is certified or not will determine how much coverage you will need. On average, yoga studio business insurance starts around $450 per year and around $4 or $5 per student covered.
As you may have noticed in reading this article there are a variety of options when it comes to yoga studio business insurance.
The number one goal is to make sure you have all your bases covered and an independent agent can help you do just that. We’ll take you through the process of finding the proper yoga studio insurance as smoothly as you take your students through their sun salutations.
Our enlightened agents will review your needs and help you evaluate the best yoga studio insurance for you. From liability and property coverage to making sure that every square foot of your studio space is protected, the only thing you’ll have to worry about is which formation to line your students in to get the best energy in the room.