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Cost of Insurance for a Fitness Facility?

  • 04-11-2008 1:41am
    #1
    LightningBolt
    Registered Users, Registered Users 2 Posts: 1,639 ✭✭✭


    Would anybody here have a rough idea of insurance for a gym? Was on a while ago inquiring about opinions on a performance centre and just looking to put together a rough idea of costs to see if it's possible. (It's college related for now but in a few years would hope to be in the position to act on the idea) thanks


Comments

  • #2
    Roper
    Closed Accounts Posts: 6,448 ✭✭✭Roper


    Three kinds of insurance needed:
    Building insurance- dependant on lease
    Contents insurance- for your contents (duh)
    Public Liability- for those who like to claim

    All of those depend on things like square footage, costs, amount of people you cater for etc. so there's no way of saying X or Y costs this. You could come up with an imaginary facility and ring an insurance company. They're happy to quote.


  • #3
    LightningBolt
    Registered Users, Registered Users 2 Posts: 1,639 ✭✭✭LightningBolt


    Nice one Roper


  • #4
    Mickk
    Registered Users, Registered Users 2 Posts: 1,001 ✭✭✭Mickk


    ~€1/sq ft


  • #5
    LightningBolt
    Registered Users, Registered Users 2 Posts: 1,639 ✭✭✭LightningBolt


    Cheers for that Mickk, if it's okay I'll send you on a pm sometime soon just to figure out a rough guide to pricing equipment


  • #6
    druss666
    Closed Accounts Posts: 67 ✭✭druss666


    just wondering what way to go bout getting insurence for mma training if possible


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  • #7
    Roper
    Closed Accounts Posts: 6,448 ✭✭✭Roper


    druss666 wrote: »
    just wondering what way to go bout getting insurence for mma training if possible

    You'd need a black belt certificate from a recognised organisation, or to have a coaching qualification to get any public liability insurance.

    The black belt is a bit of a wishy washy standard as most "black belts" are no more qualified to coach a class than the man on the street, but in the absence of anything else, that's what the 2 insurance carriers in Ireland look for.


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