Scenario 2: A new participant arrives at a Saturday sunrise yoga class. After completing the required registration forms, she joins the group of regular attendees. The class seemingly goes very well, and all participants claim to leave feeling refreshed and ready to take on the day. Two months later, however, the new participant files a claim for a pulled hamstring which she claims was the result of an inadequate warm-up prior to yoga. The claim totals $60,000, including bills for physical therapy as well as lost wages from an inability to attend work. The fitness studio owner is shocked by the demand, but not surprised by American Specialty’s readiness to handle the claim.
Scenario 2: The family fitness studio grand opening was full of great snacks, colorful face painting and eager customers purchasing new memberships. After the event, however, it was discovered that a significant portion of studio equipment had been vandalized. It will cost an estimated $10,000 to replace the damaged yoga mats, free weights, stretching bands and exercise balls. The owners are disappointed by the occurrence and file a police report. Thankfully, they purchased the optional contents and equipment coverage* for their fitness studio insurance from American Specialty Express. They quickly forward the claim to the skilled claims adjusters at American Specialty who begin exploring coverage for replacement equipment.
*This example is eligible for coverage based on the added inland marine coverage to protect the business’ contents and equipment.
