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Becoming a yoga instructor is a lot of hard work, both physically and mentally. What if you lost all you've worked so hard for, simply because you missed out on buying insurance? It can happen, but it doesn't have to.
At Simply Business, we offer yoga instructor insurance to cover you against the risks you could encounter while teaching yoga. Simply answer a few questions about your business and we'll help compare free quotes in less than 10 minutes.
You bring the practice of yoga to your students and that takes a lot of time and energy. Spend effort on the things that matter, while we help ensure you're protected doing what you love. Get free quotes today.Get your quote
Insurance for yoga instructors can include different policies, depending on how you run your business. There are a few core policies that we recommend for yoga instructor liability insurance:
Commercial general liability (GL) insurance for yoga instructors covers costs associated with third-party accidents, damages to property, and bodily injury to a third party. General liability coverage can also protect some of your equipment, such as props, in case it gets damaged while you’re doing your work.
If you're not covered with general liability insurance, that could mean risking a lot of potential income (or money you have saved). The average claim for an accident or property damage for small businesses amounts to $30,000, which can be detrimental to anyone's financial stability.
Just think of how yoga instructor liability insurance could save you: say a student hires you as a private teacher to come to their home. Your student is working on their handstand. You're happy for them, because they're able to stick a few seconds in the air before coming out of the handstand, which you've taught them to do safely.
Unfortunately, the student comes out of the handstand suddenly and kicks a wall in the living room where they're practicing. Their foot puts a huge hole in the wall and you can see through to the living room. Luckily, the student is unharmed, but the wall is a mess. Your student files a claim to fix and patch up the hole in the wall. Because it can be seen from two rooms, the repairs aren’t going to be an easy fix.
Without yoga teacher insurance, the money to pay for the repairs would have to come out of your own pocket. Luckily, with yoga liability insurance, your policy typically would cover any medical expenses your student expects you to pay and also any legal expenses incurred.
So what exactly could general liability insurance cover? Here’s a quick summary:
Now check out what general liability insurance usually doesn’t cover:
Yoga instructor professional liability insurance covers you, your employees, and your business if your client claims that someone was negligent when providing your services. Let’s take a look at how PL insurance works in action.
Say a student comes to a class who is working on inversions. Over the past six months, they’ve achieved headstand, forearm stand, and shoulder stand — you're so excited for them! Unfortunately, the student's shoulder starts hurting and they blame you for the return of an old rotator cuff injury. The student files a claim, expecting you to pay for any related medical expenses.
Considering the cost of physical therapy, and any legal fees that may be incurred contesting the claim, without professional liability insurance, this claim could amount to a chunk of money.
The yoga instructor professional liability insurance can protect you and your business's finances from being in jeopardy. Here's a brief recap of what PL may protect you from:
Professional liability can cover:
Keep in mind that PL insurance usually doesn’t cover:
If you have any employees, whether they work for you part-time, full-time, or even on an ad-hoc basis (we all know how important substitute teachers are), then your state probably requires you to have workers compensation insurance. This insurance usually covers employees who have gotten sick, injured, or hurt while working for you.
Workers compensation insurance for yoga instructors can cover:
When you are initially certified as a yoga teacher, it's such a great moment. You've worked so hard to learn the 8 limbs of yoga, and now you're finally ready to begin sharing them with the world and your students. The last thing you want to think about is purchasing business insurance! But when you think about how prevalent injuries and accidents are in the yoga community, it won't seem like such a far-fetched investment.
The rate of injury rose from 9.5 per 100,000 students in 2001, to 17 per 100,000 students in 2014, amounting to nearly 30,000 yoga-related injuries reported from emergency departments during that period. And as a teacher, it's easy to see how the types of injury may vary, from sprains and pulled muscles, to wrist and lower back issues.
Of course, we know that it isn't always the teacher’s fault when a student gets hurt. Sometimes injuries can be pre-existing, but there's always the chance (even if it's small) that a student can claim negligence. For example, if you're teaching handstands to a classroom of 30 students, it's impossible for you to watch each one closely. If a student was to make a claim against you as a teacher, the average claim could amount to a number that you're unprepared to risk (remember, the average small business claim is $30,000). That kind of cost could potentially sink a business.
When it comes to gaining employment as a yoga teacher, there are many options. Maybe you want to work at a studio or at a gym, or perhaps you'd like to teach yoga in corporate environments or at events. Regardless of where you'd like to teach, many institutions will require you to have yoga liability insurance. Even if a studio has their own insurance, it's a good idea to have insurance. If a student makes a claim, it could be against the studio itself or against you as a teacher.
Attaining yoga instructor liability insurance is one of the first steps in getting a teacher placement, alongside your resume, of course. When you purchase yoga teacher insurance with Simply Business, we provide a certificate of insurance (COI) so you can prove you're insured from the start.
If you are at the point where you employ other teachers or employees, regardless if they're full-time or part-time, then you may be required to have workers compensation insurance. Your state also may dictate whether or not you need insurance. If you rent a space to teach, such as a small room or studio, you may also be required to have insurance.
You can typically deduct the cost of your yoga instructor insurance when filing your business's taxes. We recommend speaking to an accountant or tax professional for more information about what sort of things you can deduct for your business.
The type and amount of coverage you need depends on various factors, such as:
Our quote form provides you with recommended amounts of coverage. If you're just starting out, then you may have to estimate some of the above. If you have more questions, our licensed insurance agents will be happy to help!
As a yoga teacher, there's a lot to keep track of—sequences, props, resources, classes, and more. When it comes to insurance, however, you'll need the following on hand to get a free quote:
It definitely can differ, depending on where you live. The questions on our quote form will help provide you with the coverage you'll need, based on the state where you teach. If you still have questions, our licensed insurance agents can help.
Comprehensive insurance coverage that includes general liability, professional liability, and workers compensation can cover:
The cost of your insurance policy depends on the type of work you're doing and whether or not you have employees and will differ depending on:
If you're curious to see how much your yoga teacher insurance will cost, you can get a free quote after filling out a few questions here.
If you do more than one activity as a yoga teacher, you wouldn't be the first! Our licensed insurance agents can help you find the insurance policy that's right for you.
Simply Business is an online insurance broker that makes it easy (and free) to compare quotes of different policies. Thousands of business owners have come to us to secure protection for their business, and it's easy to see why:
We're quick and affordable. You have a lot to focus on, like managing your business and living your life. Our policies are fast, affordable, and ready when you are.
Our coverage is flexible. Whether you need to update your policy because you opened a second location or need a COI to show a new client, we're here to help.
We get your business. No business is the same and no insurance policy should be either. Get the protection your yoga teaching business deserves, when you need it most.
You've worked hard to build your business and you can trust us to provide the best policy to protect it.Get your quote
This content is intended to be used for informational purposes only. It is not intended to provide legal, tax, accounting, investment, or any other form of professional advice.
*Harborway Insurance policies are underwritten by Spinnaker Insurance Company and reinsured by Munich Re, an A+ (Superior) rated insurance carrier by AM Best. Harborway Insurance is a brand name of Harborway Insurance Agency, LLC, a licensed insurance producer in all 50 states and the District of Columbia. California license #6004217.