Karate School Insurance – Affordable Rates and Quality Coverage
Establishing and operating a karate school can be a serious challenge. While many instructors are qualified to teach the curriculum, they often underestimate the amount of ‘peripheral work’ that goes into establishing a well organized and highly functional martial arts operation. Good schools have safe facilities, handicap access, in-stock uniforms and gear, and insurance. The insurance matters might seem intimidating at first, but with the right guidance proper coverage can be easy and affordable to attain.
How We Help Karate School Owners
We help martial arts schools of all varieties, but karate is our specialty. We have dozens, maybe even hundreds of clients that teach karate and work with us on developing their protection plans. The key variables for your program are your location, number of predicted students, size of facility, and value of gear housed within. We can develop an insurance plan covering just injury or one that protects all of your possessions as well.
If you are ready for a free quote to find out your predicted insurance costs, click below:
Get a Customized Plan Perfect For Your School
At KarateInsurance.com we take a personal interest in each of our clients. We learn about your particular school and what you will need covered. From there we develop an insurance policy that fits just right. Our clients stay with us because we never build excessive insurance plans just to bulk of the price. Conversely, we are careful not to create cut-rate plans that leave the client vulnerable. Our knowledge of the industry allows us to construct the right plan quickly and efficiently, getting our client up and running as soon as possible.
What Information to Have Handy When Applying for Insurance
If you think you’re ready to apply for an insurance plan, here is what you should have ready. By preparing this information ahead of time you will find the application process to be very pain-free. Gather the following:
* Legal name and information of your business
* Personal contact information
* Predicted size of your student body and facility
* Estimated value of facility and equipment inside
* Payment credit or debit card
Apply Online Through Our Secure Portal
Many of us have come to enjoy the ease of payment through online means. We like to make the insurance process as streamlined as possible, and to that end have constructed an online application process. We use an external, highly secure service to ensure that our clients information is safe during submission and stored safely for as long as they do business with us.
When applying you will be taken to our external gateway and guided through the application process, filling out a series of fields providing us with the needed information to develop a policy. After your submission is complete we will reach out to you with our best fitting plan, at which time you can confirm and complete your agreement.
To start, click below:
Insurance for Martial Art Schools
Getting insurance for your martial art school can seem liked added hassle and added expense. Worse yet, individuals outside the financial sector may be confused about how much insurance should cost and what their options are for financing.
We understand these concerns and frustrations. We are martial artists and insurance professionals, so we’ve encountered many individuals from both sides of the conversation. Let us be the first to tell you that if you are opening a martial arts school, it’s very likely that you can afford good quality insurance.
Understanding Insurance Costs
Creating a policy for a martial arts school requires and understanding of the nuances of each individual program. That being said, you can get a good idea of what your predicted costs can be by using our free quote form.
We take a few simple factors like the location of your program and the number of students you have and run it through our algorithm. We then send you an automated predicted cost (monthly or annually) for a boilerplate insurance policy that will likely meet your needs. After the free quote you can reach out to us and discuss some of the finer details of what you need, what you’ll be covering, and how to arrange for payment.
It’s all pretty simple and pain-free!
Who Should be Covered by a Policy?
Some martial art schools have multiple programs under one roof. In that situation it might not be entirely clear who should foot the bill for the insurance plan. Here is a good way to approach it:
First, make sure the building is properly insured. Also, have an umbrella martial arts policy that covers any kind of art that might take place in the building. After that, it is recommended that each individual instructor carry their own policy to ensure personal financial interests are not negatively affected by an incident in the school. Finally, determine what unique risks each individual instructor’s program may bring and plan accordingly.
What is the Fine Print?
If you’re moving along in the insurance process you may be interested in knowing some of the smaller details. These details can describe what incidences are covered by a policy, how much money an injured party is entitled to, and how filing a claim works.
If that sounds like you then pop over to our insurance purchase page. From there you can browse the details and get back to us with any questions.
Questions, Comments, Concerns?
We try to offer clean and automated service to our internet visitors but that doesn’t mean we don’t want to hear from you. Financial topics like insurance can lead to a lot of questions and we’d rather you be well-informed and happy, so reach out to us! You can call at 888-868-1164 or email via our contact page.
The more we learn about your program the more we can inform your decision, tell you what other instructors in similar situations have done, and construct a responsible payment plan that doesn’t break the bank.
Martial Arts Insurance For Instructors
Martial arts instructors have a lot to think about. First and foremost, they have to establish a gameplan for what they are going to teach and who they are going to teach it to. Next, they have to secure a location in which to operate or connect themselves with an existing school. Finally, they have to clear up administrative matters such as stocking the appropriate gear, setting up student payment, and the like.
One thing that tends to be way down on the list is insurance needs. However, if you’re here that means you’ve arrived at the moment when you realize you need to good coverage to stay in business.
Why Purchase Insurance as an Instructor?
One of the most frequent questions we get is simply why should an instructor purchase insurance for his program? If he is the owner of the facility the answer is simple – any and all injuries that occur on his/her property will be his/her responsibility. One bad slip-and-fall or injury on the mat could doom the business without any insurance. However, if the instructor operates under a bigger umbrella they may suspect the school will cover any possible liability. This is true in some cases, but facility owners may not always be generous enough to get in front of injury situations. They may instead try to pin it on negligence by the instructor.
In cases like this, when either the facility owner or student attempts to come directly at the instructor, good insurance is critical.
Is Insurance For an Instructor Expensive?
Insurance is much more affordable than most people assume. Small programs can get by with a plan that goes as low as $30 a month. The bigger the school the more expensive the plan, but those numbers constantly counter-balance. Insurance rates don’t go up until the student count does, and therefore the profit level. Insurance for an instructor is definitely affordable and can prevent full on financial disaster in the long run.
How Do I Buy a Policy and File a Claim?
Buying a policy is simple stuff. If this is your first time securing business insurance we recommend you use our free estimate tool to get an idea of what you will be spending every month. After that, if you’re ready to buy you use our secure online submission tool to fill out the needed information. We take it from there! You will always receive personal customer service from us as you go through the process, so if you have any questions just reach out and ask.
If you arrive at a moment where you have to file a claim you’ll notice a suite of tools in our top menu bar located under “current client services”. Whatever you need to do, just follow the steps we lay out and you’ll be on your way.
Get Started!
If you’re ready to get started click here! We’ll guide you through the purchase process.
Martial Arts Business Tip: Have Waivers at the Ready!
One commonly overlooked aspect of day-to-day martial arts operation is the utilization of waivers. Although most instructors understand the value of running a safe class, injuries are never predictable and should be kept in mind at all times. Also, don’t overlook the possibility of new students looking for a chance to sue an unsuspecting business.
Waivers might seem like a damaging business idea at first. After all, if you are making a new potential student waive liability wouldn’t it make it seem like you are EXPECTING trouble?
Ignore that thought when it pops into your mind. The usage of liability waivers is not only standard but also critical to insuring safety and longevity for your program. If a student is so gun-shy that a waiver scares them off then martial arts may have not been in their best interest anyway.
You can consider developing your own liability waiver (and in time it will become obvious if you should or not), but in the meantime you can use our sample products. Hop over to our forms page and download waivers for a variety of topics including injury liability and background check affidavits.
Grab some sample waivers here.
Some studios will insist on having a waiver signed even before prospective students step onto the mat for their free trial class. You should consider adopting this habit as it sets a precedent of good business practice and accountability both for the school and student.
One final note about waivers. Don’t feel as if you need to get bogged down in legal jargon. Sure, it’ smart to have a legal professional look over your waiver material but that doesn’t mean it should be completely unreadable by normal folks. Say what you mean and mean what you say. It can be that simple to keep your program safe!
Martial Arts Studio Insurance
Owning a martial art studio can be a difficult challenge. The owner and/or operator must concern themselves with all manner of marketing, operations, finances, safety, product quality, and more. Insurance is one additional headache that most instructor’s would rather do without.
We understand the seemingly daunting nature of insurance, but we’d like to assure you that with competent help acquiring quality insurance does not have to be a nightmare.
Insuring a Martial Arts Studio
When it comes to insuring your studio, there are two key factors to consider: your location and your size. Different states have different rules in terms of amount of coverage needed, and the amount of students you have can greatly affect the potential for injury in your facility (the more students, the higher the risk). Of course, the more students you have the higher the profit margin. Therefore, if you handle insurance properly, it will never truly cut deeply into your ability to make money.
When we work with potential customers we like to offer a free quote service first. Of course, if the owner is a business veteran and wants to get right down to business we can accommodate that as well.
Getting a Free Insurance Quote
Acquiring your insurance quote is remarkably easy. All you have to do is click here (A new tab will open). You’ll see a blue page with a few fields to fill out. When you provide us with your basic information we can crunch the numbers and kick an estimate back to you almost instantly.
If you like the numbers you see you can then move toward purchasing a policy. If you have questions or are confused by the amount quoted you can reach out to us here.
Purchasing Insurance for Your Studio
If you’ve done the free quote or know you are ready for a policy, don’t worry – we are here to help you through the process. The first step is easy. Go to this page (A new tab will open) and fill out as many of the fields as you can. The more information you can provide right away the more efficiently we can process your policy. If you need a helping hand you can call us toll free at 888-868-1164 and we’ll be happy to work with you. We are a privately owned company, not a large insurance conglomerate and we are interested in giving our clients a positive and successful experience.
Once you have attained a policy with us you can use our online tools (featured in the menu at the top of the page) to pay your annual rate, change policy information, change number of students covered, and more.
Martial Arts Insurance Quote
When it comes to important services you wouldn’t want to throw money blindly at it. You ask your car mechanic for a quote, your landlord, your carpet cleaning service…why wouldn’t you do it for insurance too?
We hate the idea of potential clients being blindsided with fees they didn’t expect to pay. That’s why we encourage potential customers to use our fast and easy free quote service here:
Free Quote_
What to Expect From a Free Martial Arts Insurance Quote
Getting a quote is more simple than you may think. All we really need to know is the basics of your school (name, email, etc), your zip code, and your approximate number of students. By receiving this info we can determine the particulars of your geographic location and the number of students you’ll need covered.
If your school is small enough you may qualify for our extremely affordable $450 annual rate.
If you have your own building with additional contents you may be best served by getting a building quote. Regular insurance covers liability and injury of the students and teachers while a building quote can show you the added cost of covering the facility itself.
When To Expect Your Quote
We have most of the process automated so you can expect very quick results. If your situation merits additional attention from us we will addrses it and reach back out to you as soon as possible.
What To Do Afterwards
If your quote sounds good to you then the next step is visiting our policy purchase page. There you will find the appropriate sign up forms to get the ball rolling.
Alternatively, if you have additional questions about coverage, you can reach out to us here. We are more than happy to address concerns or questions that you may have.
Taekwondo School Insurance
Taekwondo is one of the most popular martial arts on the planet. Most towns in the USA have at least a few Taekwondo schools with students ranging from toddlers to seniors.
If you are the proud operator of a TKD Dojang, it is in your best interest to learn about your insurance options.
Importance of Insurance for TKD Schools
Having proper safety protocols at a martial arts school is one of the first and most important phases of development. However, no amount of padding and oversight can protect students from harm with 100% certainty. Taekwondo is an active, potentially violent endeavor and any time those levels of impact are introduced the possibility of injury is present. Even for studios that engage in no sparring at all, injury is still a risk. Protection against those rare circumstances can save a school from having to shut it’s doors.
One thing all instructors must consider is the propensity of students and parents to sue. We live in a litigious society and parents are extremely protective of their children. Every instructor should understand that no matter how good their relationship with parents and adult students, of those individuals believe they have been wronged and could potentially receive monetary benefit from their incident, they are likely to pursue the matter through legal channels.
How Much Taekwondo Insurance Might Cost
One of the earliest and most important questions we get from school owners is in regards to the cost of insurance. There is no blanket answer for that as the size and location of the school can vary the amount of coverage needed and the costs associated with it.
We have developed a free quote tool that can provide you with near-instant results for finding out the approximate cost of coverage for your school. Click here to visit the free quote tool.
Why Choose KarateInsurance.com for TKD Coverage
Despite it’s name, karateinsurance.com covers much more than just karate. In fact, we help schools from many different styles and backgrounds. We have many Taekwondo schools that utilize our school coverage as well as our event coverage.
We provide a personal touch helping you throughout your insurance process. We can answer your questions, get you affordable rates, and provide you with a reliable insurance umbrella with proven reliability.
If you think we might be right for you, reach out to us or utilize our free quote tool.
How Much Does Martial Arts Insurance Cost?
most martial arts instructors understand the need for insurance. Very few businesses will encounter the same kind of intentional physical contact that occurs in the dojo. Most instructors also realize that we live in a litigious society, which is why they have new students sign a waiver. Unfortunately, waivers are rarely enough to protect school owners from financial ruin.
If you are a martial arts instructor and you found your way to this blog post, it probably means you realize the inherent risks of operating a dojo. What’s less clear cut is how to proper insurance without spending way too much (or getting too little coverage).
Let’s take a look now at the variables to consider, and how much your insurance might cost.
Variables When Considering Coverage
No two schools are exactly alike, but there are brackets that schools may fit in which will help determine the cost of their coverage. Two of the major factors for determining cost are as follows:
- Number of students
- Location of school
Some owners fail to realize that the size of a school is more than just square footage. When the number of students goes up, so does the liability potential.
The location of the school can also be a factor as different states have different methods of handling insurance policies.
How Much Will Insurance Cost?
If you are looking to estimate how much cost you will incur, a good estimation to start with is about $8.95 per person per year. Karateinsurance.com provides coverage for instructors at no extra cost, but that is not a standard policy.
The minimum premium a school can purchase is $450 a year. That means the cost if you have one student is essentially the same as if you had 10 students. Once you get into the 50+ range you start to see an increase in costs.
Cost can also fluctuate based on the exact kind of coverage you want. To learn more about that, continue reading here.
Welcome to the Blog!
This is the beginning of the martial arts insurance blog. We’ll be featuring articles that help you keep your school and students protected.
