Interesting. I was shocked by how cheap extremely comprehensive insurance was for a strength training gym. I don't know what a MA gym would have to pay, but I know insurance was the one expense I just didn't even have to think about it was so cheap. The insurance company I used had a good reputation and I assume they'd have paid out if I had an issue but never had to test it in over 12 years.From my experience and explanation from my insurers there is very little difference in liability (cost or limits) for a gym (weight room), an aerobics class, a wrestling/rolling gym, a rec league soccer team (unit cost), or a dojo/dojang. If there is physical contact or potential to do self-harm (lifting weights) while engaged with equipment or another person, it is all the same as far as the insurer is concerned. At that point it becomes a head count for determining cost.
We do have an additional rider policy for tournament competitors. Just goes with the territory but cost very little.
FWIW, I have had something like a dozen claims over the course of my 35 years of school ownership and have never had a policy increase due to a claim.
Relationships, reputation, and credibility and still words that carry weight. It is definitely an ongoing process.
The one question they kept asking me when I first enrolled with them, over and over and in different ways, just to make sure, was how many tanning beds I had. I didn't have any and after they finally took that for an answer they explicitly said "Well, if you DO have any tanning beds that isn't covered and we'll drop you if we find out." I'd never used a tanning bed before that and after the level of paranoia the insurance agency had around them I'd be scared to do so now!