Simply Business earned our top spot for the best small business insurer for spa/wellness companies due to its affordability and coverage. However, we recommend comparing quotes from our other top picks, including NEXT, The Hartford and Coverdash.
Best Spa/Wellness Business Insurance
Updated: June 30, 2025
Advertising & Editorial Disclosure
Key Takeaways
Simply Business is the best business insurance company for spa/wellness firms because it offers the greatest balance of affordability and coverage.
The cheapest overall commercial insurance provider for spa/wellness businesses is Simply Business, with low monthly rates for various coverage types.
To shop for business insurance for your spa/wellness business, assess the risks in your industry, consult agents and other similar organizations, and compare multiple options.
Best Business Insurance for Spa/Wellness Companies
| Simply Business | 94 | 98 | 83 |
| NEXT | 92 | 89 | 94 |
| The Hartford | 92 | 90 | 91 |
| Coverdash | 90 | 90 | 83 |
| Nationwide | 86 | 80 | 91 |
| Chubb | 86 | 81 | 87 |
| Progressive Commercial | 85 | 86 | 81 |
| Hiscox | 85 | 84 | 87 |
| biBerk | 85 | 80 | 91 |
| Thimble | 84 | 84 | 81 |
*All scores were based on a spa/wellness business with two employees across professional liability, general liability, workers' comp and BOP policies.
1. Simply Business
pros
Cheapest general liability coverage
Most affordable BOP pricing
Multiple carriers in one platform
cons
Service depends on matched insurer
COMPANY HIGHLIGHTS
Simply Business takes the top spot for spa and wellness providers by offering the lowest average prices across multiple policy types. It delivers general liability coverage for just $20 per month and BOP insurance for $30 monthly.
As a broker, Simply Business connects you to various carriers, helping you compare and select the best fit. This flexibility is ideal for day spas, estheticians or wellness studios with diverse needs. Claims and support may vary depending on the insurer you choose through the platform.
2. NEXT
pros
High customer satisfaction score
Fast and easy online setup
Competitive workers' comp pricing
cons
Above-average general liability rates
COMPANY HIGHLIGHTS
NEXT ranks highly for spa and wellness business owners who want fast coverage and strong support. It offers workers’ comp at just $9 per month and provides competitive rates on professional liability and BOP plans. NEXT is helpful for solo massage therapists, yoga instructors and small wellness collectives.
With a 4.7-star average rating, NEXT stands out for its intuitive interface and smooth policy management. General liability premiums are higher than Simply Business, but the streamlined service makes up for it for many users.
3. The Hartford
pros
Lowest-cost professional liability coverage
Excellent financial stability (A+ AM Best)
Comprehensive commercial policy options
cons
Less tailored for solo providers
COMPANY HIGHLIGHTS
The Hartford is the best option for spa and wellness providers prioritizing professional liability coverage. It offers the lowest average cost, at $98 per month. It’s especially strong for full-service wellness centers or med spas, where liability concerns are higher.
The Hartford has an A+ rating from AM Best, signaling excellent claims reliability and longevity. Its robust BOP and commercial auto offerings make it a solid fit for growing businesses with multiple practitioners or treatment rooms. While not always the cheapest for basic liability, it’s built for long-term coverage needs.
Cheapest Business Insurance for Spa/Wellness Firms
Based on our study of business insurance pricing, Simply Business offers the cheapest overall commercial insurance for spa/wellness companies across most policy types. However, this applies only to spa/wellness companies with two employees, and you may find lower rates elsewhere. Below are the most affordable providers by major coverage types.
Cheapest General Liability Insurance for Spa/Wellness Companies
With an average monthly rate of $20, Simply Business offers the lowest-cost general liability insurance for spa/wellness companies. Also, consider getting quotes from the other affordable insurers: Coverdash and NEXT.
| Simply Business | $20 | $240 |
| Coverdash | $74 | $890 |
| NEXT | $89 | $1,074 |
| The Hartford | $89 | $1,069 |
| Progressive Commercial | $107 | $1,285 |
| Thimble | $114 | $1,372 |
| Hiscox | $117 | $1,406 |
| Chubb | $132 | $1,582 |
| Nationwide | $164 | $1,973 |
| biBerk | $177 | $2,126 |
Cheapest Workers' Comp Insurance for Spa/Wellness Companies
For spa/wellness businesses shopping for workers' comp insurance, Thimble is the most affordable insurer, with average rates of $7 per month or $89 yearly. Still, it’s worth checking quotes from other low-cost insurers like Hiscox, Progressive Commercial, Simply Business and The Hartford.
| Thimble | $7 | $89 |
| Hiscox | $8 | $100 |
| Progressive Commercial | $8 | $96 |
| Simply Business | $8 | $100 |
| The Hartford | $8 | $101 |
| biBerk | $9 | $105 |
| Coverdash | $9 | $102 |
| Nationwide | $9 | $112 |
| NEXT | $9 | $104 |
| Chubb | $10 | $120 |
Cheapest Professional Liability Insurance for Spa/Wellness Companies
The Hartford offers the most affordable professional liability insurance options for spa/wellness companies, with low average monthly rates of $98. You may also want to compare prices from other low-cost providers like NEXT, Progressive Commercial and Simply Business.
| The Hartford | $98 | $1,173 |
| NEXT | $103 | $1,234 |
| Progressive Commercial | $105 | $1,256 |
| Hiscox | $109 | $1,310 |
| Simply Business | $109 | $1,307 |
| Thimble | $110 | $1,319 |
| Coverdash | $111 | $1,335 |
| biBerk | $114 | $1,363 |
| Nationwide | $118 | $1,416 |
| Chubb | $128 | $1,532 |
Cheapest BOP Insurance for Spa/Wellness Companies
Simply Business provides the most affordable business owner's policy (BOP) coverage for spa/wellness companies, with an average yearly cost of $358 for bundled general liability and property protection. That's a savings of roughly $927 annually compared to Coverdash, the second most affordable option.
| Simply Business | $30 | $358 |
| Coverdash | $107 | $1,285 |
| The Hartford | $114 | $1,363 |
| NEXT | $129 | $1,551 |
| Progressive Commercial | $160 | $1,918 |
| Hiscox | $176 | $2,113 |
| Thimble | $181 | $2,170 |
| Chubb | $198 | $2,373 |
| biBerk | $230 | $2,754 |
| Nationwide | $247 | $2,968 |
What Type of Coverage Do You Need for a Spa/Wellness Business?
Companies with employees are often legally required to carry workers' comp insurance, and businesses that use vehicles must have commercial auto coverage. Many clients or contracts also require businesses to carry general liability insurance before starting work. A surety bond may also be needed in certain industries, especially when contracts require guarantees of service or compliance.
RECOMMENDED SPA/WELLNESS BUSINESS COVERAGE
General liability insurance is recommended for spa/wellness businesses because it covers common risks like bodily injury, property damage, and legal defense costs. Professional liability insurance is also a smart option for businesses that work under client contracts or provide specialized services. This coverage is helpful for companies offering specialized services or handling large contracts with a higher risk of disputes.
Coverage Recommendations by Spa/Wellness Company Type
Here is a visual breakdown of spa/wellness services by risk level and coverage needs, starting with those facing the highest liability exposure.
Spa/Wellness Company Type | Coverage Types Recommendation | Most Common Insurance Claims | Most Common Reasons For Litigation |
|---|---|---|---|
Med Spas & Aesthetic Clinics | Professional Liability (high limits), General Liability, BOP, Workers’ Comp, Cyber Liability, Commercial Property, Umbrella Policy ($2M+) | Burns, scarring, infections from cosmetic procedures, employee injury, HIPAA/data breaches | Medical malpractice suits, permanent damage claims, wage disputes, client privacy violations |
Massage Therapy Clinics (Multi-practitioner) | General Liability, Professional Liability, Workers’ Comp, BOP, Abuse & Molestation Coverage, Umbrella Policy | Physical injury, inappropriate conduct claims, slip-and-falls, therapist injuries | Allegations of misconduct, improper technique lawsuits, workplace injury claims |
Wellness Centers Offering Multiple Services (e.g., yoga, acupuncture, massage) | General Liability, Professional Liability, Workers’ Comp, Commercial Property, Product Liability (if retail), Umbrella Policy | Physical injuries during classes or treatments, allergic reactions, theft/damage | Injury lawsuits, supplement/product liability, premises liability from slips or equipment failure |
Independent Estheticians or Beauty Therapists | General Liability, Professional Liability, Business Personal Property, Tools & Equipment, Cyber Liability (optional) | Burns, skin irritation, allergic reactions, equipment theft or malfunction | Client injury or damage lawsuits, complaints over product reactions, social media claims |
Solo Massage Therapists | General Liability, Professional Liability, Inland Marine (if mobile), Workers’ Comp (if hiring), Abuse & Molestation Coverage | Muscle strain, boundary complaints, table/equipment damage, client falls | Injury or misconduct lawsuits, breach of client consent, property damage disputes |
Yoga and Fitness Instructors (Independent) | General Liability, Professional Liability, Business Personal Property, BOP (optional) | Muscle injuries, improper instruction, equipment issues | Lawsuits over strain or injury, negligence claims, verbal misconduct allegations |
How to Get the Best Cheap Business Insurance for Your Spa/Wellness Company
Here's a step-by-step method for finding the best and cheapest business insurance for your spa/wellness company.
- 1
Decide on coverage needs before buying
Consider risks specific to your business for claims, get advice from similar businesses, talk to agents and research the types of business insurance. This will give you an idea of your coverage needs.
- 2
Research costs
Research average costs for your business to determine the insurance providers that offer the cheapest rates. This will let you know how much you're saving when comparing quotes and which companies to begin with.
- 3
Look into company reputations and coverage options
Research what customers say on online rating sites and forums to get a more comprehensive look at company services. Also, research coverage options to make sure you're covered for the right items.
- 4
Compare multiple quotes through different means
Compare multiple quotes for coverage. Pricing differs by your comparison method, whether with captive agents, comparison sites, company websites or independent agents.
- 5
Reassess annually
Your business situation will change, influencing your rates and coverage needs. Repeat these steps annually to ensure you still have the best deal.
How to Decrease Your Spa/Wellness Business's Liability Risk
Reducing liability risks is important for spa and wellness businesses looking to manage insurance costs effectively. We've organized risk mitigation strategies by business type or risk level to help you find the best approach for your needs.
Spa/Wellness Risk Type | Included Types of Spa/Wellness Businesses | Risk Mitigation Tactics |
|---|---|---|
Highest | Med spas, aesthetic clinics, multi-practitioner massage clinics | Require medical oversight for advanced treatments and maintain detailed client intake/consent forms. Enforce infection control protocols and proper licensure. Invest in HIPAA-compliant software and train staff in client confidentiality and misconduct prevention. |
Moderately High | Wellness centers with multiple services, mobile massage providers, solo therapists offering hands-on treatments | Maintain clear scope-of-practice boundaries and service disclaimers. Document all treatments and client preferences. Use insured equipment and maintain safe sanitation standards. Ensure appropriate abuse/molestation coverage where applicable. |
Moderate | Estheticians, independent beauty providers, massage therapists with fixed locations | Perform patch tests for new products. Use signed liability waivers and pre-service consultations. Keep tools/equipment clean and insured. Have coverage for property damage and bodily injury. |
Moderately Low | Yoga instructors, fitness trainers operating in shared or rented spaces | Use waivers and verbal screening before physical sessions. Demonstrate safe posture guidance and offer modifications. Ensure the teaching space is hazard-free and class sizes are appropriate. |
Lowest | Online wellness coaches, solo instructors with no physical contact | Include disclaimers that coaching is not medical advice. Use secure communication tools and limit claims with clear service boundaries. Maintain basic professional liability and cyber coverage for peace of mind. |
Best Insurance for Spa/Wellness Business: Bottom Line
Simply Business is the best insurer for spa/wellness business insurance, and it also offers the cheapest option overall. We recommend checking pricing from NEXT, The Hartford and Coverdash. For the best deal, consult agents, research providers and pricing and compare multiple quotes.
Spa/Wellness Business Insurance: FAQ
Explore common questions about business insurance for spa and wellness companies in the following section.
Who offers the best spa/wellness business insurance overall?
Simply Business offers the best business insurance for spa/wellness companies with a MoneyGeek score of 94 out of 100, excelling in affordability and coverage. NEXT is close behind with a strong customer service rating and a score of 92.
Who has the cheapest business insurance for spa/wellness companies?
Here are the cheapest business insurance companies for spa/wellness companies by coverage type:
- Cheapest general liability insurance: Simply Business at $20 per month
- Cheapest workers' comp insurance: Thimble at $7 per month
- Cheapest professional liability insurance: The Hartford at $98 per month
- Cheapest BOP insurance: Simply Business at $30 per month
What business insurance is required for spa/wellness organizations?
Workers' compensation insurance (if you have employees) and commercial auto insurance (if you own business vehicles) are legally required for spa/wellness businesses, with requirements varying by state. While not legally mandated, general liability insurance and surety bonds are effectively required by most commercial clients and property leases.
How much does spa/wellness business insurance cost?
Business insurance costs for spa and wellness companies vary widely depending on your services, team size, and risk exposure. Based on quotes for businesses with two employees, here are the average monthly costs:
- General Liability: $20 per month
- Workers' Comp: $7 per month
- Professional Liability: $98 per month
- BOP Insurance: $30 per month
How We Chose the Best Spa/Wellness Business Insurance
We selected the best business insurer for spa/wellness companies based on the following criteria:
- Affordability (50% of score): The lower a company's costs compared to the competition based on our base profile for four core coverage types, the better it performs.
- Customer service (30% of score): We scored providers on overall customer satisfaction using industry studies, customer review forum ratings and public forum sentiment analysis from sites like Reddit.
- Coverage (15% of score): We scored business insurance for this category based on the flexibility, payment and actual coverage options.
- Financial stability (5% of score): Using financial stability industry ratings from companies like AM Best and Moody's, we created an overall rating to judge how likely a company is to pay out claims compared to the competition.
All pricing in this article is based on the following base profile to represent the vast majority of small businesses in all states:
- Three-person business with two employees
- Coverage: $1 million per occurrence and $2 million total per year for all but BOP, which includes the same coverage plus $5,000 of business property coverage
- $150,000 in payroll
- $300,000 annual revenue
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- AM Best. "Hartford Fire Insurance Company." Accessed June 29, 2025.
- NEXT. "Customer Reviews." Accessed June 29, 2025.