Music Drama Dance Therapy Insurance Minnesota Policy Information
Music Drama Dance Therapy Insurance Minnesota. As a recreational therapist, you use dance therapy, art therapy and/or music therapy to help people work through mental, physical and emotional blockages in their lives. Through careful assessment and working alongside medical staff, your clients' family, and your clients, you offer the tools that help your clients recover basic mental and physical abilities.
While you are in the business of making people's lives better, sometimes accidents can happen, and in such cases, costly lawsuits can arise. To keep offering therapeutic services when legal setbacks arise, you need music drama dance therapy insurance Minnesota.
Music drama dance therapy insurance Minnesota protects your practice from lawsuits with rates as low as $27/mo. Get a fast quote and your certificate of insurance now.
Music Therapy vs. Drama Therapy vs. Dance Therapy.
Music therapists apply music principles and techniques to improve communication, allow expression of feelings, improve coordination, and increase cognitive and social function.
Drama therapy is a health and human services profession that seeks to facilitate physical integration and personal growth for individuals, couples, families, and various groups by using dramatic and theatrical processes. A drama therapist works in various settings, including hospitals, schools and businesses.
Dance therapy is designed to help people integrate the mental, physical, and emotional aspects of their lives through expressive movement. Dance therapists help clients feel better about themselves and overcome issues in their lives that may be holding them back. Music drama dance therapy insurance Minnesota can cover these types of therapists.
Coverages For Music, Drama & Dance Therapists
Professional Liability - As a recreational therapist using an art to foster patient rehabilitation, the close work you engage in with patients opens the door to accusations against you - accusations of negligence in the treatments you deliver, or accusations of negligence or misconduct. The good news: you can safeguard yourself, and your finances, with professional liability insurance.
Also know as errors and omissions (E&O), with this type of music drama dance therapy insurance Minnesota, you can get either an all-risks or named-peril policy. An all risk policy covers all perils, excepting those specifically identified in the policy. In contrast, a named-peril policy covers only the specific risks and perils identified in the policy. In theory, you may need a number of named-peril policies to provide the same scope of coverage offered by a single all-risk policy.
General Liability - Regardless of whether you teach in your own premises or rent a space for individual classes, you can still be held liable for injuries that your students, and anyone accompanying them. General liability insurance covers against compensation claims that are made against you following injury to a third party or damage to third party property.
For example if a dance student slipped on a wet floor in your studio and claimed compensation for injury, your music drama dance therapy insurance Minnesota could cover the legal fees and compensation cost.
Business Property - Whether you own or lease your space, MN property insurance is a must. This music drama dance therapy insurance Minnesota provides coverage for equipment, signage, inventory and furniture in case of a fire, storm or theft. However, mass-destruction events like floods and earthquakes are generally not covered under standard property insurance policies. If your area is prone to these issues, check with your insurer to price a separate policy.
Business Owner's Policy - This music drama dance therapy insurance Minnesota policy is a package of coverages referred to as a business owners' policy (BOP). A BOP combines liability, property, business income and other options to one standard package that is sold at a lower premium than if each coverage was bought separately.
BOP insurance does not include coverage for E&O and commercial vehicles. Workers' com, health, and disability insurances are also not part of a BOP. BOPs can be a good fit for your practice. Usually, a BOP costs less than buying individual music drama dance therapy insurance Minnesota policies for each coverage. If you need other property or liability coverages, you can add them to the package.
Worker's Compensation - Worker's comp provides insurance to your staff if they get injured on the job. This type of music drama dance therapy insurance Minnesota provides them with wage replacement and medical benefits. In exchange for these benefits, they give up the rights to sue you for the incident. State laws will vary, but all require you to have MN workers compensation if you have W2 employees.
Commercial Umbrella - Umbrella policies provide coverage above your other liability coverages. They are designed to cover unusually high losses, when the policy limits of one of the underlying policies have been used up.
MN Music Drama Dance Therapy Insurance
As a profession, recreational therapy is relatively low risk but you do need insurance to protect yourself and your business. This is because nowadays people will very easily pursue legal action against you even at the smallest aggravation. It's no wonder that there is an increased incidence of legal claims against therapists.
Minnesota Economic Data And Business Insurance Regulations
If you're an entrepreneur who is thinking about starting a business or expanding your company by opening a division in a new location, you know that there are a number of factors you have to consider. One of the most crucial elements business owners must take into consideration is the conditions of the location they are interested in; the area needs to offer conditions that are favorable for the business in order for the operation to thrive. A suitable target demographic and a healthy labor market are just some of the elements that indicate whether or not a business will thrive.
For business owners who have Minnesota in mind as their base, below, we've highlighted key details that suggest whether or not the Land of 10,000 Lakes offers favorable conditions for business owners. We also discuss the forms of commercial insurance that businesses are required to carry in the state.
Economic Trends For Business Owners in Minnesota
The unemployment rate of a state is a good indication of whether or not a state is suitable for business operations, as it provides insight into the labor market. According to the Bureau of Labor Statistics, as of May 2019, the rate of unemployment in The Gopher State was 3.3 percent, while the national average was 3.6 percent. While there has been a slight increase from 2018 (0.5 percent from June 2018 to May of 2019), the rate still indicates that the labor market in the state is favorable, which is a good sign for entrepreneurs.
Anywhere throughout the North State offers suitable conditions for businesses; however, there are some areas that are particularly ideal. These areas either large cities or areas that surround the state's largest cities, including:
- Eden Prairie
- Golden Valley
- Little Canada
- Mendota Heights
- St. Paul
- Thief River Falls
Certain industries do better than others in MN, and businesses that are centered on these industries have a greater chance of achieving success. The leading industries within the state include:
- Agriculture and forestry
- Hospitality and tourism
- Information technology
- Sustainable energy (specifically wind power)
Commercial Insurance Regulations For Businesses In Minnesota
The Minnesota Department of Commerce regulates insurance in Minnesota. Commercial insurance is designed to provide business owners and the individuals they associate with (employees, customers, and vendors) from a multitude of risks. To ensure proper protection for all, companies are required to carry the following commercial insurance policies in The North Star State:
- Workers' compensation insurance, which provides coverage for work-related injuries and illnesses that employees may sustain.
Business that use vehicles for business-related purposes over a certain weight, must also carry commercial auto insurance, and any company that sells or otherwise distributes alcohol must carry liquor liability coverage.
Additional Resources For Professional Services Insurance
Get informed about small business professional services insurance, including Professional liability, aka errors and omissions (E&O insurance), that protects your business against claims that a professional service you provided caused your client financial loss.
- Answering Service
- Attorney Lawyer
- Business Consulting
- Corporate Wellness
- Court Reporter
- Debt Collection Agency
- Detective Agency
- Electrical Engineering
- Environmental Consultant
- Executive, Career & Life Coaching
- Executive Search Firm
- Expert Witness
- Financial Services
- Financial Planner
- HR Consultant
- Mediator - Arbitrator
- Medical Billing
- Music, Drama & Dance Therapy
- Office Machine Repair & Maintenance
- Project Management
- Temporary Staffing
- Tax Preparer
Let's face reality. People today are claims conscious, resulting in a significant share of malpractice lawsuits against professionals.
Liability resulting from the rendering of or the failure to render professional services is excluded in most liability coverage forms. This means that a policy covering a account's or lawyers' office will cover liability arising out of the maintenance or use of the premises, but specifically exclude liability arising out of the rendering of a professional service or the omission of such a service.
In addition to the professions in which actual physical or mental injury may be caused to clients, certain other professions are exposed to claims for malpractice.
Claims may be brought against lawyers, accountants, architects, and similar professional persons for errors or omissions in their professional capacity. Errors & Omissions insurance pays damages that might be awarded to a plaintiff alleging professional negligence.
Professional liability policies are made available to such risks, and these policies provide essentially the same protection as is afforded under the physicians, surgeons or dentists professional liability policy.
Minimum recommended small business insurance coverage: Business Personal Property, Employee Dishonesty, Accounts Receivable, Computers, Valuable Papers and Records, General Liability, Employee Benefits Liability, Professional Liability, Umbrella Liability, Hired and Non-owned Auto Liability & Workers Compensation.
Other commercial insurance policies to consider: Building, Business Income with Extra Expense, Earthquake, Equipment Breakdown, Flood, Computer Fraud, Forgery, Money and Securities, Special Floater, Cyber Liability, Employment-related Practices Liability, Business Auto Liability and Physical Damage and Stop Gap Liability.
Request a free Music Drama Dance Therapy Insurance Minnesota quote in Albert Lea, Alexandria, Andover, Anoka, Apple Valley, Arden Hills, Austin, Bemidji, Big Lake city, Blaine, Bloomington, Brainerd, Brooklyn Center, Brooklyn Park, Buffalo, Burnsville, Champlin, Chanhassen, Chaska, Cloquet, Columbia Heights, Coon Rapids, Cottage Grove, Crystal, Duluth, Eagan, East Bethel, Eden Prairie, Edina, Elk River, Fairmont, Faribault, Farmington, Fergus Falls, Forest Lake, Fridley, Golden Valley, Grand Rapids, Ham Lake, Hastings, Hermantown, Hibbing, Hopkins, Hugo, Hutchinson, Inver Grove Heights, Lakeville, Lino Lakes, Little Canada, Mankato, Maple Grove, Maplewood, Marshall, Mendota Heights, Minneapolis, Minnetonka, Monticello, Moorhead, Mound, Mounds View, New Brighton, New Hope, New Ulm, North Branch, North Mankato, North St. Paul, Northfield, Oakdale, Otsego, Owatonna, Plymouth, Prior Lake, Ramsey, Red Wing, Richfield, Robbinsdale, Rochester, Rogers, Rosemount, Roseville, Sartell, Sauk Rapids, Savage, Shakopee, Shoreview, South St. Paul, St. Cloud, St. Louis Park, St. Michael, St. Paul, St. Peter, Stillwater, Vadnais Heights, Waconia, West St. Paul, White Bear Lake, Willmar, Winona, Woodbury, Worthington and all other cities in MN - The North Star State.
Also learn about Minnesota small business insurance requirements for general liability, business property, commercial auto & workers compensation including MN business insurance costs. Call us (612) 808-9866.