When it comes to insuring cheer gyms, we are the cheer leaders!
You want the best for your kids, but you also need to protect your business.
What’s appropriate insurance for your cheer gym? What really needs to be covered? And what about your special programs? From general liability to business income coverage, you’ll cheer for the knowledge, helpfulness, and customizable plans available at Markel Specialty for your cheerleading gym.
For over 40 years, Markel Specialty has been providing specialized coverage to help keep your cheer gym on its feet. We know insurance and we know your business, so we can help you create the right kind of coverage for your gym and your activities. Markel Specialty also provides you with access to information on current safety practices and loss control tips.
Markel Specialty offers liability and property coverage for qualified:
- USA Gymnastics (USAG) certified gymnastics schools
- Competitive cheerleading gyms that follow U.S. All Star Federation (USASF) rules
- Mobile gymnastics programs
Find out why over 6,700 sports and fitness organizations have turned to Markel for their insurance needs and get a quote today.
Note: Our cheerleading insurance programs do not cover high school, college, adult, or community recreation teams.
Why do you need insurance for your cheer gym?
We all know that things happen, and having insurance coverage for your business activities can help reduce the financial impacts to you on covered losses. Whether its liability insurance in the event of injuries or unintentional damage done to your property, you need insurance designed to help meet the needs of your cheer gym. Markel Specialty also offers coverages for qualified camps and clinics that may be offered at your facility.
What coverages are available for cheer gyms?
- General liability
- Accident medical (required)
- Excess liability
- Property
- Other optional business coverages
A must for all cheer schools, commercial general liability insurance protects you if you are sued by someone who claims that you caused their physical injury or damaged their property. You can choose the level of general liability protection you need:
- $500,000 per occurrence/$1.5 million aggregate*
- $1 million per occurrence/$3 million aggregate*
Optional liability coverages you can add to your policy:
- Abuse and molestation
- Competitions and exhibitions: protection for you when you participate in competitions and tournaments that you do not sponsor
- Employee benefits liability
- Off-premises activities
- Special events and fundraisers for current policyholders
- Blanket Additional Insured’s included at no cost: used for landlords for locations on the policy, recitals, performances and demonstrations.
*Per occurrence is the maximum amount paid on a covered individual claim; aggregate is the maximum amount paid on all covered claims combined within the policy period.
Accident medical insurance will pay students’ medical bills if they are injured at your school or during activities you sponsor and have no insurance of their own, or their bills exceed what their insurance pays. You can think of accident medical insurance as a goodwill gesture—by paying a student’s medical bills now, you may be able to avoid a lawsuit later. Accident medical insurance is sold as a minimum earned premium policy. In the event you cancel your policy, we will retain the minimum premium.
Accident medical insurance is mandatory for cheer gyms. You can choose from three limits:
- $10,000
- $25,000
- $50,000
Excess liability insurance provides additional protection that takes effect after you’ve gone above the limits of your general liability insurance. We offer limits up to $5 million.
Buildings
Protects your building whether you own or rent.
Business personal property
Protects the content and equipment in your studio including special property like tanning beds, climbing walls, and inflatables.
Business income
If your school is temporarily closed due to a covered loss, this insurance covers your lost income and continuing expenses.
Systems breakdown
Protects you when any mechanical, electrical, or pressure system breaks down. This includes heating and air conditioning systems, computers, boilers, refrigerators, hot water heaters, and telephone systems.
Camps and Clinics
If you run a camp or clinic, this liability coverage protects you.
Crime
Covers you if an employee steals money, securities, or other property.
Inland marine
Property coverage for items specifically listed on the policy (also referred to as scheduled property) that may be taken off-premises.
Resources
From helpful tips to coverage options, find the information, advice, and resources you need all in one place.
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Value-added services
Background checks, training materials and education available at negotiated rates.
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Risk Solution Services
Markel Specialty is committed to providing the tools you need to help you keep safety first.
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Additional information
American Association of Cheerleading Coaches and Administrators (AACCA)
Promotes cheerleading safety education and aims to help coaches understand their responsibilities with regard to safety programming.National Council for Spirit Safety and Education (NCSSE)
An association of companies serving the international cheerleading community who share a primary mission: to provide comprehensive safety training and certification programs for the educational development of spirit coaches and advisors through an international council of unified industry leaders.U.S. All Star Federation (USASF)
Provides consistent rules, strives for a safe environment for athletes, drives competitive excellence, and promotes a positive image for the sport.
Insurance coverage designed to meet the needs of your cheer gym.
Get a quote online today.
