Music Drama Dance Therapy Insurance Rhode Island Policy Information
Music Drama Dance Therapy Insurance Rhode Island. 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 Rhode Island.
Music drama dance therapy insurance Rhode Island 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 Rhode Island 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 Rhode Island, 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 Rhode Island could cover the legal fees and compensation cost.
Business Property - Whether you own or lease your space, RI property insurance is a must. This music drama dance therapy insurance Rhode Island 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 Rhode Island 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 Rhode Island 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 Rhode Island 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 RI 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.
RI 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.
Rhode Island Economic Data, Regulations And Limits On Commercial Insurance
If you are considering starting a business, it's important that you choose the right location for your operation. Ensuring that the area offers the right market and demographics that will benefit from and be interest in the goods and/or products that your business intends on providing are vital for your success.
If you are thinking about starting a new company in Rhode Island or would like to expand the operations of an existing company into the state, it's crucial that you ensure the state offers a healthy climate that will allow your business to reap as much success as possible.
By assessing the employment rate of a state, as well as the key business sectors that are thriving there, you can determine if Rhode Island is a practical location for your company. Additionally, to ensure that you are in compliance with the law, it's imperative that you are aware of the commercial insurance coverage that business owners are required to carry in the state.
Below, we offer an overview of the economic trends and commercial insurance requirements in the Plantation State so you can determine if it will be a good location for your business.
Economic Trends For Business Owners In Rhode Island
As of December, 2019, the Bureau of Labor Statistics reported that the unemployment rate in the state of Rhode Island was 3.5%, which was on-par with the national average, which was also 3.5% at the same time.
Economists credit favorable taxes, the close proximity to regional markets, and the diverse workforce for the state's health economy.
In regard to locations within the state that offer the best opportunities in the Ocean State, urban areas are ideal. This includes:
The suburban regions that surround the state's metropolitan areas also offer favorable conditions for businesses.
Businesses of varying sizes and in a variety of industries are thriving in RI. At the time of writing, the sectors that are seeing the most activity in Rhode Island include:
- Financial services
- Health care
- Hospitality and tourism
- Professional services
Commercial Insurance Requirements In Rhode Island
The Rhode Island Division of Insurance Regulation regulates insurance in RI. Rhode Island mandates very few forms of insurance coverage by law. They enforce worker's compensation.
Rhode Island requires you to have worker's compensation insurance if you have four or more employees on a regular basis. This includes part-time employees, family members, minors, and immigrant employees. It is not required for independent contractors or domestic employees, though you should check to make sure any contractors you have are true contractors, and not employees.
Rhode Island also requires all business-owned vehicles to be covered by commercial auto insurance. Other types of business insurance that business owners should carry depend on the specific industry.
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
- Armored Car
- Attorney Lawyer
- Business Consulting
- Commodity Broker
- 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
- Insurance Agents & Brokers Insurance
- Mediator - Arbitrator
- Medical Billing
- Music, Drama & Dance Therapy
- Office Machine Repair & Maintenance
- Piano Tuners
- 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 Rhode Island quote in Barrington, Bristol, Burrillville, Central Falls, Charlestown, Coventry, Cranston, Cumberland, East Greenwich, East Providence, Exeter, Foster, Glocester, Hopkinton, Jamestown, Johnston, Lincoln, Little Compton, Middletown, Narragansett, New Shoreham, Newport, North Kingstown, North Providence, North Smithfield, Pawtucket, Portsmouth, Providence, Richmond, Scituate, Smithfield, South Kingstown, Tiverton, Warren, Warwick, West Greenwich, West Warwick, Westerly, Woonsocket and all other cities near me in RI - The Ocean State.
Also find Rhode Islan insurance agents & brokers and learn about Rhode Island small business insurance requirements for general liability, business property, commercial auto & workers compensation including RI business insurance costs. Call us (401) 371-8771.