Massage Therapy Insurance: Cheapest not always the less expensive option

by admin on May 20, 2010

Every massage therapist faces choices; however, making the right choice for your massage therapy business doesn’t always mean selecting the massage therapy insurance option that costs the least.

In far too many cases, the less-expensive option for massage therapy insurance ends up costing you more in the long run. While it’s important to guard against overpaying for massage therapy insurance, the old adage “You get what you pay for,” continues to ring true.

What is best?

Choosing the best and least-expensive massage therapy insurance means first knowing what your practice actually needs, what it costs, what it could cost, as well as the cost of all other available options. You should seriously consider these questions before going further deciding on massage therapy insurance. Spending a few hours taking an honest looks at your goals, needs, and balancing them against your financial reality could save you a lot of money further down the line when deciding on massage therapy insurance.

Optional incentive options

When evaluating available options for massage therapy insurance, you should be wary of incentives. Often incentives — such as association membership — may be masking serious problems. There is usually a good reason why anyone offers incentives and you need to know what it is before signing on for massage liability insurance. Just think, if the massage therapy insurance program can’t stand on it’s own, why are you paying for incentives? Again, doing your research ahead of time when choosing massage therapy insurance can save you a headache, and a bunch of cash, later on.

Tax deductions are optional

Income taxes may be one of two certainties of life, but that does not mean there aren’t options. While paying taxes is not really an option, you have the option of deducting some expenses right away or taking smaller, periodic write-off in the current year and for years down the road.

Massage Therapy insurance options

When a massage therapy insurance company drops coverage of an industry or increases premiums across the board, the kneejerk reaction is usually to find another massage therapy insurance company. Whether to lure the business away from its present massage therapy insurance carrier or replace the insurer that dropped you, enter the company offering lower premiums.

Lower premiums may be a one-year deal, with the massage therapy insurance company quickly raising its premiums upon renewal.

A few hours invested upfront shopping for the best, most appropriate massage therapy insurance options can save thousands of dollars in premiums or claims down the road. With massage therapist liability insurance, keep in mind you usually get what you pay for. In other words, do not insure against minimal losses, but do not ignore real peril just because coverage carries a hefty premium.

Obviously, choosing the best massage therapy insurance option for your business should involve more than selecting the lowest-cost option.

Properly evaluating your massage therapy insuranceoptions can help you make the correct decision, a decision that is right for your business and one that will result in lower costs, smaller tax bills, satisfied suppliers, happy patients, and, most importantly, an increasingly more profitable practice.

Massage Therapy insurance, Massage Liability insurance, Holistic insurance, therapist insurance and professional malpractice insurance information can be found at

About the Author:
Mark E. Battersby is a tax and financial advisor, freelance writer, lecturer, and author with offices in suburban Philadelphia. He can be reached at 610-789-2480. His recent article is about Therapist Insurance and Massage Therapy Insurance therapist insurance has been written by him.  He can be reached at or by phone at 800-585-1555
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{ 1 comment… read it below or add one }

Michael April 8, 2011 at 8:36 pm

Cheapest is almost never the best option. I am a firm believer in the fact that you get what you pay for. My wife is a bargain shopper but will often suffer the consequence of such an approach. Insurance is NOT anything the skimp on. Do your home work and find an agency that is reputable and don’t be afraid to pay for quality.

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