Running a day spa requires a sizeable investment of both finances and work, and those investments should be protected when possible. Purchasing day spa insurance is one way that Massachusetts spas can shield themselves from some of the risks they face.
Day spa insurance is a specialized commercial insurance that’s designed to meet the risk mitigation needs of day spas. So that policies can provide robust protections, they typically come with multiple coverages that are packaged together.
Salon spa insurance is well-suited to meet most day spa’s insurance needs, and the vast majority of day spas in Massachusetts ought to have a policy. Not insuring a business can leave it exposed to a variety of risks, including both property and liability risks, that it could be protected from.
Notably, salon spa insurance isn’t intended for medical spas. Since salon spas offer different services and procedures, they generally need different insurance. Salon spa policies are often better for these businesses.
The exact protections that are available through salon spa insurance policies can vary, but most policies offer a variety of liability and property protections. Some of the more commonly offered coverages include:
An insurance agent who specializes in salon spa policies can help spas review all available coverages and pick the protections that make sense in their situation.
Day spas that offer off-site services should speak with a knowledgeable insurance agent about their situation. Whether these policies extend coverage to services that are offered at clients’ locations, markets, festivals or other off-site locations depends on the specifics of a policy’s terms and conditions. An agent can review the terms and conditions to find a policy that provides the off-site coverage a salon needs.
Most spas that offer off-site services also need commercial auto coverage. This coverage is widely available through day spa policies, but what type of commercial auto coverage a spa needs depends on what vehicles the spa uses. Again, an agent can help spas make sure they get the right type of coverage for their vehicles.
Day spa policies’ premiums are based on a number of factors, so prices for these policies vary. In the majority of cases, though, premiums are affordable for spas. They’re almost certainly more affordable than the potential cost of a major claim if no coverage is in place.
For help insuring a day spa that’s in Massachusetts, contact Garrity Insurance. Our independent insurance agents can help you compare quotes from multiple insurance companies since we’re an independent agency, and we have the expertise necessary to help you choose the best available policy. With our assistance, you can be confident that your spa is well-protected and that its day spa insurance policy is competitively priced.