Massage insurance typically refers to a combination of general and professional liability insurance that helps pay legal fees and medical bills that could otherwise bankrupt you and your massage business in the event of a legal dispute.
In addition to liability insurance, people in the bodywork industry may need additional insurance Business insurancesuch as workers’ compensation insurance or commercial vehicle insurance.
Here you can find out how to assess your risks and find the right insurance cover for your massage business.
What are the risks of my massage therapy business?
Massage therapists are health professionals and can be at high risk in the course of their business. Some common risks for massage professionals are:
A customer trips in your studio resulting in an injury.
Injury to a client during treatment (for example, burning a person during a hot stone massage).
Get in a car accident while driving to a customer’s house.
What insurance do massage therapists need?
Injuries to third parties unrelated to treatment.
Example: A client trips over a string in your massage room, resulting in an injury.
Third party claims for negligence or misconduct, including legal and medical costs. May also cover legal fees to defend your license in administrative hearings.
Example: A client suffers burns during a hot stone massage or claims to have been injured during the treatment.
Costs resulting from an accident while using your car for business, including medical expenses, property damage, and legal fees.
Example: You get into a car accident on the way to a customer’s house, damaging your vehicle and that of another. Depending on your insurance coverage, commercial car insurance will cover repairs on both.
Medical bills for employees and / or contractors suffering a work-related illness or injury.
Example: A massage therapist you employ develops carpal tunnel syndrome at work. The employee compensation pays the costs for physiotherapy or operations, if necessary, as well as the lost wages.
The cost of replacing property such as massage tables, computers, furniture, and other equipment that has been damaged by fire, vandalism, or other Covered Events. (Note: Can be combined with public liability insurance with public liability insurance.)
Example: The studio space you rent is damaged in a fire. Commercial property insurance covers the costs of replacing your devices. Landlords often require tenants to have this insurance.
How do I take out massage insurance?
Follow these three steps to get and maintain insurance for your massage therapy business:
1. Determine what coverage you need
Take stock of your business operations and determine the types of coverage you need. For example, a self-employed masseur who works from home will likely need at least professional and liability insurance, but will not need commercial vehicle insurance or workers’ compensation.
However, a studio owner who employs a receptionist and several massage therapists will often need professional indemnity, business owner policy, and employee compensation.
2. Compare offers, coverage limits
You can buy business insurance through a traditional provider, such as Progressive or Hiscox, obtain it through an industry organization or work with an insurance broker.
NerdWallet recommends seeking multiple quotes and comparing coverage limits to find the best rate for your business. Always read the fine print to help you know what is covered and what is not.
3. Buy your policies and keep them up to date
After you have decided on a policy and provider, make sure you have a clear understanding of how to make payments, file claims, and obtain a certificate of insurance (if necessary). Review your policy annually and look for coverage to make sure your coverage keeps pace with your growing business.
How much does masseuse insurance cost?
In general, the cost of massage insurance depends on your location, the size of the company and the massage services offered, as well as the types of insurance you purchase.
Many industry groups offer their members massage insurance at affordable prices. The American Massage Therapy Association and Associated Bodywork and Massage Professionals offer professional and general massage liability insurance, the cost of which is included in your membership fee (approximately $ 20 per month).
For comparison, according to Insureon, an online insurance marketplace, the average cost of general liability insurance for massage therapists is about $ 30 per month ($ 362 per year). Professional liability insurance, commercial vehicle insurance, and workers’ compensation insurance are additional costs.