Day Spa Insurance and Med-Spa Insurance
Let us help you get the wrinkles out of your day spa insurance
Maryland Day Spas have unique insurance needs.
Day Spas and Med-Spas are not the old fashioned beauty salon, although they may still be offering those services.
A Day Spa may offer some or all of he following services:
- Permanent makeup
- Facial treatments
- Weight Loss Programs
Day Spas have the insurance needs of a beauty salon with the needs of allied healthcare business insurance all in one.
At Huff Insurance we work with some of the top carriers that have specialized programs to meet the insurance needs for Day Spas or Medical Spas in Maryland.
As a spa owner, you need property insurance coverage to cover your business personal property, building or betterments and improvements. You want to make sure that the coverage limits are sufficient to cover all of the specialized equipment that you use as well as the cost to do build outs or put in additional electrical or plumbing into the building.
In addition, you need business income, in the event that your business is closed due to a covered claim.
The costs for treatments can be from several hundred to several thousand dollars.
Since, most of your clients will be paying by credit card, the need for cyber liability insurance is important.
As part of Allied Healthcare you may be subject to HIPPA compliance. The fines associated with a HIPPA violations can be enough to devastate a business. This is why cyber liability and data breach coverage are incredibly important to your business.
What happens if a client is injured as a result of your practice?
Imagine that you give a customer a botox treatment and afterwards they don’t like the way they look, or they have a reaction to the botox. If your customer sued you, do you have protection? If you are not sure then speak with the representatives at Huff insurance.
Of course your business needs general liability insurance coverage to cover property or damage or injury to the customer.
But, general liability insurance does not provide liability if the person is injured through the acts of your profession. Therefore, you need to make sure that you have professional liability as well. Professional liability will protect you if you are sued due to injuries sustained by the customer through the procedure that they are having done.
If you are a beauty salon that happens to offer additional services such as massage or facial peels or other services outside of the scope of hair, cutting, perms, or dying or toe and finger nails then you need to read the professional liability coverage on the policy.
Do you need professional liability insurance?
Many times beauty salons are offering some of these services and it is not anticipated in the coverage form for the beauty salon. Make sure to read the professional liability coverage form and exclusion to be sure that none of the services offered by your business are excluded from Professional liability on the policy. If they are then you may need to obtain coverage as a Day Spa or Medical Spa rather than a beauty salon.
If you have employees or even independent contractors you need to provide them with workers compensation insurance.
If you have any vehicles in the business name or if your employees are running errands in their personal vehicle then you need to have a commercial auto policy or at minimum non owned auto coverage.
In addition, if your business is serving alcohol you want to be sure that you have liquor liability coverage in addition to your liability coverage.
Also, consider the fact that your business may offer massage or waxing services. These services do leave your business susceptible to suits for abuse and molestation. A client could allege that they were in appropriately touched by an employee. Make sure that your business insurance plan includes coverage for these types of claims.
Huff insurance is an independent insurance agency that has been in operation since 1960 in Maryland.
We offer a full array of business and personal insurance needs.
Please request a quote on the page or call us at 410-647-1111.