Martial arts

Martial arts insurance--who needs it?

You do. In fact, you really can't run your school without it. Simply put, you need insurance because it protects you from financial loss. What happens if you have a property loss, such as a broken water pipe that floods your dojo, or a liability loss, such as a student who is injured and sues you for negligence? If you don't have insurance, you have to pay for losses out of your own pocket.

Markel offers comprehensive liability and property coverage for martial arts schools that teach the following disciplines, depending on curriculum:

  • Aikido
  • Cardio kickboxing
  • Capoeira
  • Goju-Ryu
  • Hapkido
  • Jeet Kune Do
  • Jundo
  • Jujitsu (including Brazilian and Gracie)
  • Karate
  • Kempo
  • Kendo
  • Kenpo
  • Kung fu
  • Shito-ryu
  • Shotokan
  • Tai Chi
  • Tae Kwon Do
  • Tang Soo Do
  • Wado-ryu

When you think about it, insurance is quite a bargain. Let's say your premium is $850 for the year. In April, a student is injured during class, and his parents sue you for $1 million. The case goes to court, and the jury awards the child $750,000. If you didn't have insurance, you'd have to pay the $750,000. Which would you rather pay: $850 in premium or $750,000 in damages?

Here is what you get with Markel:

  • Insurance specifically designed for martial arts schools
  • Property, liability, tournament, accident medical, umbrella, and crime insurance
  • Installment payment plans
  • Extensive experience handling youth-related claims
  • Safety resources to help minimize accidents
  • Financial stability --read about Markel's financial rating here
  • Markel is licensed throughout the U.S. (except HI)