Commercial Property Insurance
Commercial property insurance covers the physical assets of your gym — the building or tenant improvements, spring floors, office contents, and inventory — against fire, theft, vandalism, water damage, and storms.
Commercial Property Insurance for Cheer & Gymnastics Gyms
A cheer or gymnastics facility represents a major physical investment — spring floors, custom matting, apparatus, HVAC, front-desk and pro-shop inventory, and often expensive leasehold improvements you paid to build out a leased space. Commercial property insurance protects all of it.
What's Covered
- Building: If you own your facility, coverage for the structure itself
- Tenant / leasehold improvements: The buildout you funded in a leased space — sprung subfloors, viewing areas, offices, restrooms
- Business personal property: Mats, apparatus, sound systems, computers, furniture, and pro-shop inventory
- Perils: Fire, smoke, theft, vandalism, water damage, wind, hail, and more
- Business income: Lost revenue and continuing expenses if a covered loss forces you to close temporarily
Spring Floors & Leasehold Improvements
A flood, burst pipe, or fire that destroys a sprung floor and matting can be a six-figure loss. Many gym owners under-insure here because they assume the landlord's policy covers improvements — it usually does not cover your buildout or your contents. We schedule these values correctly so you're made whole after a loss.
Business Interruption
If a fire or water loss shuts your gym for weeks, tuition stops but rent and payroll don't. Business income (interruption) coverage replaces lost revenue and covers continuing expenses while you rebuild — a critical add-on for a tuition-based business.
Getting the Values Right
The most common gym property mistake is insuring to a number that won't actually replace today's spring floors, apparatus, and buildout. We help you set replacement-cost limits that reflect what reconstruction really costs.
What's Covered
Frequently Asked Questions
Generally no. A landlord's policy covers the base structure, not your leasehold improvements, spring floors, mats, or contents. Those are your responsibility to insure — and they're often the most expensive things in the building.
If a covered loss like a fire or burst pipe forces your gym to close, business income coverage replaces lost tuition revenue and pays continuing expenses such as rent and payroll while you recover.