Is Treadmill Covered By Insurance

Have you recently read the small print on your health insurance policy? It’s worth a look, especially if you want to save money on home fitness equipment.


Many health insurance companies have given gym memberships and fitness classes as rebates for years.

However, many companies are now offering refunds on cardiac equipment designed specifically for home usage.

Fallon Health Insurance’s “It Fits!” program, for example, reimburses families $400 ($200 for individual policyholders) per year for fitness equipment such as treadmills, indoor rowers, stair climbers, elliptical trainers, and stationary bikes.

When you finance your purchase over several years, these discounts go much further. For example, suppose you buy a TRUE PS300 Treadmill at Gym Source for roughly $2,400 during the Midnight Madness sale event.

Let’s imagine you pay for something over the course of 18 months. With a $400 rebate from your health insurance carrier in the first year and another $400 rebate in the second year, you might end up saving a lot of money on that premium treadmill.

To take advantage of this hidden health-care benefit, all you need is a purchase receipt and the prompt submission of a claim form to your provider.

Of course, read your policy thoroughly for any pertinent information.

Why should money be left on the table? Investigate your health insurance advantages to stretch your exercise dollar even further—then head to Gym Source for the best variety and real savings that meet your budget.

Journalist Rachel Wait examines the rise in home gym setups and how they may affect your homeowner’s insurance…

When gyms shuttered and the UK was put on lockdown in March, many disgruntled gym-goers turned to home workouts to get their daily exercise.

Joe Wicks’ PE classes drew millions of viewers around the world, while others found the vast array of yoga, Pilates, and HIIT workouts available on YouTube.

As working out at home became more popular, some people became imaginative, and gym equipment sales increased.

I encouraged fitness fans to get creative with their routines, with Nuffield Health data revealing that over a third of Britons used home objects instead of gym equipment to complement their workouts.

Just under half said they used stairs to exercise, about a third said they used chairs, and a quarter said they used pillows or food boxes.

In place of customary weights, one in ten had resorted to using wine bottles and bags of sugar or flour.

Others were more concerned. During the lockout, gym equipment retailers reaped the benefits of the increased popularity of home exercises, with home gym equipment sales skyrocketing.

Weight benches, yoga and Pilates gear, gym weights, and cardio machines were among the most popular purchases.

Putting together a home gym

Several exercise enthusiasts went even further by turning their garage or shed into a home gym or building one from the ground up.

According to a report in the Sun, one couple saved £11,000 by building a gym in their garden with discounts from B&Q and their local scrapyard.

Gyms have lost money because of this new home exercise fad, and many of gym-goers have canceled their subscriptions in order to save money.

Is your house insurance going to cover your gym equipment?

Regular exercise may be extremely useful for mental health–especially in times like these – whether you have a nice new home gym or are using grain sacks as weights.

However, if you’ve lately purchased some gleaming new dumbbells or high-tech fitness equipment, check to see if your home contents insurance coverage covers these new purchases.

Calculating the worth of your belongings isn’t easy, but it’s necessary to ensure you have enough coverage.

You wouldn’t get the entire amount if you underinsured your belongings and later needed to make a claim.

If you cover your possessions for £20,000 when they should be insured for £45,000, the smaller sum is the most you’ll get in the event of a significant claim.

Fortunately, we have a helpful contents calculator to assist you in determining how much coverage you require.

It’s a good idea to do this every time you renew your homeowner’s insurance policy to make sure you’re completely insured.

Check the single-item restriction.

If your gym equipment is extremely costly, you’ll also want to see if individual things are worth more than your policy’s single item limit.

Single item limits vary per insurer, but they are normally approximately £2,000, therefore any products worth more than that must be specified individually to secure coverage.

Changes to your insurance coverage may raise your premium, but they are necessary if you want to ensure that your goods are adequately secured.

In some situations, they may charge you a modest administrative cost for changing your information.

Check to see if there is coverage for unintentional damage.

Accidental damage insurance, as the name implies, provides coverage for mishaps in the house.

However, not all contents insurance policies provide this as a regular feature, and even if they do, your coverage may be limited.

Check with your insurer to determine if you should pay extra to add incidental damage cover to your policy to safeguard your new gym equipment from damage caused by the kids or even if you accidently break anything yourself.

Why does it matter where you keep your equipment?

Many home insurance policies cover objects stored in sheds, garages, or outbuildings, besides the contents in your home.

So, if this is where you’ll be storing your new exercise equipment, double-check the fine print.

Because there is a larger chance of your shed or garage being broken into, cover limits for objects stored in outbuildings may be lower than for those in your home.

The contents of your shed or garage are often only insured if they are locked up as well.

In terms of the shed or garage’s actual structure, I should cover this under your building’s insurance policy, so double-check the terms and conditions.

Some components may be covered, but you will almost certainly need to pay extra to be completely protected.

Someone typically composes sheds and garages of less durable materials, making them more susceptible to damage.

If a tree falls on the roof of your shed/home gym, for example, it could cause major damage, and your insurer may be less reluctant to compensate you.

As a result, we may require you to make modifications to the building’s security and construction before being granted coverage.

The same is true if you built a home gym in your garden from the ground up. To make sure you’re covered, check with your insurer to determine whether any additional coverage is required.


So, while home workouts might be a terrific way to get in shape while also saving money, be sure you don’t lose out by double-checking that your house insurance covers you enough.

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