Colorado Massage Therapy Insurance
Massage Therapy Insurance Costs in Colorado
1 year full-time Professional Rate
Cost to you: $0.46/day
2 year full-time
Cost to you: $0.39/day
1 year part-time
Cost to you: $0.41/day
Colorado Massage Insurance Guidelines
The moment you step into your massage room, all you think about is wellness because that is your profession: enhancing wellness in others through therapeutic massage. If you have been in this practice for many years you will not think that anything can go wrong. It is expected that nothing can go wrong because it has not in the past, and you take pride in your satisfied customers and the exceptional reputation of your business. With this positive and wellness-driven image, you may believe that buying an insurance policy as a massage professional in Colorado is simply not necessary.
You should know that insurance is required for every professional massage therapist in the state of Colorado. All registered massage therapists and bodywork professionals in Colorado are required to have a diploma or degree obtained after education and training from an approved massage school. They are also required to pass the approved exam for their profession, NCETMB/NCETM or MBLEx, and comply with exemptions.
No matter your skill level, you can’t guarantee that nothing will go wrong at your professional practice. A professional can’t be too careful, as there are situations that are out of an individual’s control. In some cases, a client is simply searching for the smallest error in order to sue, whether that is a slip and fall accident occurring in your business premises, a wrong product used, or a simple oversight. Claims can be damaging to both you and your business, as well as incredibly stressful. In addition to losing money, the reputation of your practice can be damaged without repair through claims. The right massage therapist insurance will cover all these scenarios that may occur in the state of Colorado.
Insurance coverage has many benefits for massage professionals. The types of insurance and its benefits depend on your business’s specific needs. Professional liability insurance, also known as malpractice insurance, will cover claims related to lack of professional skills or misconduct that results in injuries. Even if you have the right skills and experience, you cannot be sure that all clients will believe this. This coverage can provide up to $2 million per occurrence. General liability coverage will cover claims for injuries or accidents occurring on the premises of your business, such as slip and fall accidents. Product liability coverage will protect you against claims related to injuries resulting from the product you use. There are other types of insurance coverage that you can consider, which will cover a range of other possible claims.
In considering your specific needs, the right coverage can save you and your business. Shopping around and comparing insurance rates is also important, as it will help you find a policy that is most affordable for you, providing you with both physical protection and peace of mind.
Colorado Massage Therapy Resources
The following are state resources, including some Colorado massage employment statistics, to help you determine if being a massage therapist is right for you:
Colorado massage employment statistics as of May, 2017:
Licensed Therapists: 18,249
Mean Hourly Wage: $20.88
Annual Mean Wage: $43,420
Required Education Hours: 500 hours
Written or Practical Exam: Written Exam
Exam Administered: MBLEx
CEUs Required: 24 hours every 2 years for non-active and out of state professionals
For additional information about massage therapy in Colorado, follow these links:
State massage information: https://www.colorado.gov/pacific/dora/Massage_Therapy
State employment stats: https://www.bls.gov/oes/current/oes_co.htm
Compare Colorado massage therapist employment statistics to other states:
See What Our Insurance Members Are Saying
The opportunity to be insured by MMIP saved me $1,300 per year and helped make it possible to run my own Wellness Center with no liability concerns. I am so grateful to have this insurance option! My stress over insurance expense and coverage is completely gone. Thank you MMIP!
I love Massage Magazine Insurance Plus member because they are an expert leader in the industry of Health and Wellness. Their insurance supports all parts of my business from massage to yoga to Reiki energy balancing and even waxing!
Massage Magazine Insurance Plus gives me a very broad range of coverage for a great price. Plus MMIP's customer service team have an amazing customer service attitude. I feel totally protected in this in this new massage environment.
I was very happy when I discovered Massage Magazine Insurance and found out that I no longer need to buy separate insurance for the yoga classes I teach. Now I am covered for my yoga classes and CranioSacral therapy classes all at one low price!
3 REASONS WHY
Over 100,000 Professionals Have Chosen Us
Massage Magazine Insurance Plus is proud to provide the industry-recommend coverage type: occurrence form coverage with individual aggregate limits.
This combined with over $8 million in annual coverage and superior customer service are just some of the top reasons why so many professionals choose MMIP.
We cover over 450 disciplines and modalities in Colorado
Our massage liability insurance includes coverage for multi-discipline practitioners at no additional cost. While we work hard to ensure you're covered for everything you practice, there are some excluded methods that our policy does not cover.
However, there are some techniques and modalities that our policy does not cover, you can see the full list here.
$0.41/day represents the daily cost of the annual policy for the part-time professional rate. Daily payments are not available.