Spa Insurance
If you own or operate a spa or day spa and you are looking to purchase an spa insurance policy then you have come to the right place. Purchasing a policy for your business is very important and can be quite a hassle. The last thing you want to do is pay for a policy only to find out later it doesn’t cover what you need covered. In order to prevent this you may want to look into purchasing a California business insurance policy rather than a standard general liability policy. It can save you time and a huge headache in the event a claim arises and often costs roughly the same as a general liability policy.
A traditional general liability California policies provides coverage that protects your spa form losses that are the result of bodily injury to customers, property damage (customers only), advertising liability and damage to rented premises. This coverage is designed to bring the other party back to a place they were financially before the loss occurred, not the business or its owner. A business owner’s policy is designed to be much more inclusive and can be tailored to meet your businesses specific needs. In the past a person would purchase these additional coverage options separately as their own policy. This could mean multiple bills, agents and sometimes claims for one incident. Now all of this can be added onto one business owner’s policy along with your general liability coverage. This typically does not cost much more than a general liability policy would on its own.
Why Bains And Woodward For My Day Spa Insurance?
At Bains and Woodward Insurance our rates a very competitive, in fact by giving us a call you may never have to shop for insurance again. As an independent agent we have access to multiple carriers, some of them being the nation’s top carriers. We also have access to some of the better kept secrets in the industry. Unlike a direct agent we are not limited to just one carrier, we are able to do more than just compare a single price to other carriers, we will actually shop them as well. Each carrier we have actively competes for your business, side by side right in front of us. When carriers compete for your business you save money. Not only will you find significant price reductions, you will also save your very valuable time. Don’t waste anymore time calling carrier after carrier, give us a call today and let is do the shopping for you.
Whether you own spa location or multiple day spas throughout the state we have a policy that will fit your unique business needs. Keep things simple by keeping each location insured on the same policy. Get one bill in the mail and forget about all the carriers you may have had to carry before. When we sit down with you we will find a policy with great rates no matter the location and find you the very best savings possible. Make sure you tell a friend. We can help with anything from handyman business insurance to auto repair shop insurance.
What Other Coverage Can I Get On My Spa Insurance Policy?
As a business owner you will want to look into purchasing professional liability insurance to protect yourself and your business from any claim that occurs as the result of work performed by you or an employee. As a spa owner you face unique risks depending on the services you provide your customers. Be sure to cover this with an agent so that all risks can be properly covered. Failure to disclose all services could result in a claim being denied.
Be sure to ask one of our agents about business interruption coverage for your business. This coverage will provide you with financial compensation if your business sustains a loss that prevents normal business operations. Be sure to ask your agent how much this coverage costs as it can be pricey if you have a high claims record or significant income.
Finally, you will probably want to look into purchasing personal property coverage for your business. Often time’s spa owners have very expensive equipment on the premises that they use to perform their daily tasks. Purchasing personal property coverage can greatly reduce the financial risk associated with a loss. If you have this coverage and were to suffer a loss to personal property from a claim (such as theft or fire) you would be reimbursed the depreciated value of the items for replacement. You may want to look into replacement cost coverage for your policy. This will remove the depreciated value clause and you will be reimbursed in the amount required to purchase new equipment. If you ever suffer a large or total loss this coverage can really help you get back on your feet. Give an agent a call today and let us show you how easy purchasing a business owner’s policy can be. These additional coverages are available for most policies for anything from photographer insurance to auto body insurance.
