Blog

Dec 19 2019

Helping Schools with Nutrition

Nexo is helping our local schools with their nutrition. Nexo loves assisting gym owners with their insurance, but that’s not all we do. We’re also directly helping our local communities and schools. We’re happy to announce that we’ve been able to support Madison Elementary in Redondo Beach, CA with their...


Dec 13 2019

What You Need to Know About the Safe Sport Authorization Act of 2017

Fitness facilities are all wondering: What is the Safe Sport Act, but more importantly, how does it apply to my gym? In 2017 the Safe Sport Act was created in large part as a response to the abuse and molestation of youth in USA Gymnastics. It intends to develop regulations...


Dec 10 2019

HQ Not Covered by Additional Insured Status in Two Cases

Gyms are unique and not one is the same. But, almost every gym has at least one contract that is integral to the business. In some cases, it’s a lease agreement for the rented property, but in others, it is a license agreement to use the brand of another entity....


Dec 06 2019

Fitness Business Insurance for Gyms

Owning a gym is a great business in a society where health and wellness are at the core of their lifestyle. Providing an atmosphere that gives your members the ability to take control of their health is rewarding and can provide a sufficient source of revenue. This business also requires...


Oct 29 2019

Gym Legal Requirements: What You Need to Run a Gym

Opening a gym is a big step--and chances are, you're incredibly excited about it. It's a great journey that will help you advance your clients on their path to health and wellness, allow you to develop a great source of income, and even improve your health journey. As a gym...


Oct 21 2019

Cost of Building a Gym Business

A recent nationwide survey of adults ranging in age from 18 to 65 revealed the average American spends $155 per month on gym memberships, personal trainers, nutritional meal plans, supplements, and fitness gear. These expenses total approximately $112,000 throughout a person's life, more costly than a four-year degree at a public institution of...


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