Q&A: Question: Do I Need Insurance? Answer: Yes, you do. While it may seem unlikely that something will go wrong, it often does, and insurance is the way to cover your own butt. While training, any of dozens of things can go wrong, gear breaks, strikes hit harder than intended, people fall. Secondary Question: I have people sign waivers. Do I still need insurance? Answer: Absolutely! Waivers don't protect you from negligence, nor does it alow anything goes. Work with your lawyer and your insurance agent to develop a plan that protects you and your assets in the event of accident, injury or damage. Your lawyer can also help you structure your waiver properly and not leave yourself open to harm.