Liability Insurance Clubs

General Liability insurance is the most common type of liability insurance found in any business. In health clubs, general liability will pay for damages or injuries to a member or visitor that arises due to the club's or its employee's negligence. While most of these cases go to court to prove negligence, a general liability policy will pay for defense fees, judgments and settlements arising from a covered claim up to the limits listed on the policy. Starting your own business is never easy. If you see the profit potential in starting a health club, be sure to factor in the costs of insurance. Create a comprehensive insurance portfolio to protect your interests as well as your business.
General liability excludes certain exposures such as libel, slander, and invasion of privacy. Because of this, the owner of the club will need to invest in personal injury liability coverage. These endorsements are designed to cover those excluded exposures. Professional liability coverage will pay for bodily injuries resulting from services rendered by professional staff such as personal trainers. If you contract these personal trainers out, you will need to require them to carry their own insurance as well. With a health conscious population, it is no surprise that several small local fitness clubs have been springing up around the nation. Offering locals the opportunity to stay fit and live a healthier life, fitness clubs provide a wonderful service to all communities. While many health clubs existing today are operated by franchises or large corporations, there are still many that are run by individual entrepreneurs. Large corporations have their own insurance portfolio in effect that guarantees they are protected against physical or liability losses. It is important for small business owners to make this same effort and educate themselves on the types of insurance needed to run a health club. Club liability insurance is essential. With a number of different types of liability coverage and several exclusions, it is important to consult an agent to make a well-educated decision on your coverage.
Owning a fitness establishment that offers a variety of classes, personal training services, and commercial gym equipment is not an easy venture. While there is a large initial investment that must be made to hire employees, purchase or lease equipment and find premises where you can conduct business, you must also consider the monthly investments as well. Liability insurance is essential in such a risky business category. Even a small liability claim that is unfounded could costs thousands and legal fees and judgments. To protect you against this risky exposure, club liability insurance is available from insurance providers that specialize in fitness insurance products. Liability coverage options include general liability, professional liability, products liability, and personal injury liability just to name a few.

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1:05 PM | 0 comments

4 Cheap Insurance Guide for New Drivers

Many automobile insurance companies exist to offer low cost insurance. New drivers and people on tight budgets are targeted by these companies. Insurance rates can vary by hundreds of dollars, not only between companies, but also within the same company. Discovering low cost insurance for a new driver can be accomplished if you ask enough of the right questions. For example:
1. Is your new driver an excellent student? If so, you will want to ask about low cost insurance for good students.
2. You might be able to get low cost insurance for your new driver that has completed a safe driver program or a defensive driving course... sometimes up to 15%. If you have a new driver who has successfully completed one of these, you will want to inquire about a discount. Insurance companies know that a new driver who takes these courses reduce their chances of having an accident by 50%.
3.  Some companies offer low cost insurance to a new driver who has successfully completed a drivers education class. These discounts (sometimes up to 10%) can apply to bodily injury, property damage, medical payments, personal injury, and comprehensive/collision coverage. Again, you simply need to ask about the discount.
4. Other issues to consider when looking for low cost insurance for new drivers include driving "Safe Cars" (these will be listed on the company's Safe Car List). Also, driving cars equipped with daytime running lights, stability control, four wheel drive / all wheel drive / on-demand all wheel drive, traction control, anti-lock brakes, tracking unit / theft recovery unit, active or passive anti-theft devices, and air bags.

When it comes to finding cheap insurance for new drivers, knowledge is power. You will be most successful at finding cheap insurance for young drivers by making an effort to understand both the process and your options. Consequently, the cheapest method for an insurance company to quote rates is to employ an online, automated system. Many times, an automated system will provide a lower rate quote to a new driver because it is less expensive for the insurance company to pay for computers than for people.
Cheap insurance for new drivers can be found by searching the Internet. You will most often be quoted a higher rate if you phone an insurance salesman or if you phone the home office of a large insurance company. This is because it costs the insurance company more to hire and train people than it does to simply use computers.
And, consider this... if you accept the recommendations of your agent, you could easily be overpaying by 50% or more. Let's be honest with ourselves - they don't always have YOUR best interests at heart.

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1:16 PM | 1 comments