BUSINESS

A business owner’s policy, or BOP, is a package of insurance.

Policies that some personal trainers may purchase. It covers damage to commercial property, general liability insurance, and, in some cases, lost profits if a covered incident forces the business to close.

In addition to the aforementioned general liability considerations, the cost of a BOP is influenced by the following:

Personal trainers should also have professional liability insurance, which helps pay for legal fees and judgments if a client ever alleges a financial loss as a result of your professional advice.

The age and location of your facility, the value of your business property, and any coverage endorsements you add.

The cost of professional liability insurance is influenced by a number of factors, including:

Your location, the number of years you’ve been a personal trainer, the coverage limits and deductible you select, the number of employees you have, and your claim history.

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