Last Updated: February 22, 2024, 11:27 am by TRUiC Team

Music Lessons Business Insurance

Getting insurance for your music lessons business is essential.

You will want to protect your business’s assets against a plethora of foreseeable risks, such as those that relate to accidental injuries, property damage, and contractual disputes with a commercial landlord.

If your business hires employees, you will also likely be required to purchase workers’ compensation insurance in order to protect your business assets against employment law disputes. 

We’ll help you find the most personalized and affordable coverage for your unique business.

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Recommended: Next Insurance is dedicated to matching small businesses with the right policy at the best price.

Best Insurance for a Music Lessons Business

General liability insurance is — generally speaking — one of the most important insurance policies for music lessons businesses. 

Some of the risks general liability insurance covers are:

  • Bodily injury
  • Property damage
  • Medical payments
  • Legal defense and judgment
  • Personal and advertising injury

Having said that, it is important to note that your business will likely benefit from purchasing additional coverage.

This is because a general liability policy will be inherently limited when it comes to the number of risks that it will protect your business from:

  • Damage or theft of musical instruments or other equipment: Covered via a workers’ compensation insurance policy. 
  • Traffic accident-related liability that occurs while driving to a client’s home: Covered via a commercial auto insurance policy.
  • Employee payment disputes or bodily injuries: Covered via a worker’s compensation insurance policy. 

You will also need to find the right business insurer for your music lessons business.

Even though there are several great options, we found that they all fall within one of the following two categories: 

  1. Online insurers (recommended) — Popular examples include Tivly and Next Insurance. 
  2. Brick and mortar insurers — Popular examples include CNA and Nationwide.

Let's Find the Coverage You Need

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Cost of General Liability Insurance

On average, music lessons businesses in America spend between $350 - $650 per year for $1 million in general liability coverage.

Compare the average cost of general liability insurance for a music lessons business to other professional industries using the graph below.

Several factors will determine the price of your policy. These include your:

  • Location
  • Deductible
  • Number of employees
  • Per-occurrence limit
  • General aggregate limit

You may be able to acquire general liability insurance at a discounted rate by purchasing it as part of a business owner’s policy (BOP) rather than as a standalone policy.

A BOP is a more comprehensive solution that includes multiple forms of coverage, such as business interruption and property insurance.

Graph showing average price of general liability insurance prices per industry

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Find the Best Rate

Discover the best coverage at the lowest rate in our affordable business insurance review.

Common Situations That General Liability Insurance May Cover for a Music Lessons Business

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Example 1: As a student walks into your restroom, he slips on a wet spot on the floor, breaks his tailbone, and asks you to cover his medical care. General liability insurance would pay for his medical treatment.

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Example 2: While visiting a potential student’s home to discuss music lesson options, you trip over her cat, fall into her entertainment center, and smash her large television. General liability insurance would cover the cost of replacing her damaged property.

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Example 3: As a student and his mother enter your place of business from the parking lot, the mother trips on a pothole, breaks an ankle, and decides to sue your business. General liability insurance would pay for your legal defense and any required settlement.

Other Types of Coverage Music Lessons Businesses Need

While general liability is the most important type of insurance to have, there are several other forms of coverage you should be aware of. Below are some of the most common types of coverage:

Commercial Property Insurance

You made a major investment in the musical equipment and supplies you use to run your business. In the event of a fire, theft, or natural disaster, commercial property insurance would cover the cost of repairing or replacing your business-related property. This includes structural damage to your building as well as the equipment, supplies, and furniture stored there.

Professional Liability Insurance

While you strive to ensure your lessons help your students improve their musical abilities, there’s always a chance someone might decide your professional advice caused them harm. If a client sues your business for negligence, professional liability insurance would cover your legal fees and any required settlement.

Commercial Auto Insurance

Any vehicle you use primarily for your music lessons business requires commercial auto insurance to protect the vehicle, driver, and others on the road in the event of an accident. Be sure to select a policy that covers not only accident-related vehicle repair costs and medical treatment for anyone injured but also sufficient protection for any business property you carry in your vehicle.

Home-Based Business Insurance

If you run your business from your home, you may need this insurance to safeguard the equipment and space in your home devoted to your business. A typical homeowners insurance policy may not cover business-related items or student injuries on your property if you don’t disclose you use your home for business purposes. In the event of a lawsuit, this coverage would pay for your legal fees and other associated costs.

Additional Steps To Protect Your Business

Although it’s easy (and essential) to invest in business insurance, it shouldn’t be your only defense.

Here are several things you can do to better protect your music lessons business:

  • Use legally robust contracts and other business documents. (We offer free templates for some of the most common legal forms.)
  • Set up an LLC or corporation to protect your personal assets. (Visit our step-by-step guides to learn how to form an LLC or corporation in your state.)
  • Stay up to date with business licensing.
  • Maintain your corporate veil.

Music Lessons Business Insurance FAQ

Yes, absolutely. You will need to first get a quote from an online business insurance provider like Next Insurance. Next allows you to then purchase a policy immediately and your coverage will be active within 48 hours.

A typical business owner’s policy includes general liability, business interruption, and commercial property insurance. However, BOPs are often customizable, so your agent may recommend adding professional liability, commercial auto, or other types of coverage to your package depending on your company’s needs.

"Business insurance" is a generic term used to describe many different types of coverage a business may need. General liability insurance, on the other hand, is a specific type of coverage that business owners need to protect their assets.

Yes, you do. This will help ensure that you have purchased the necessary business insurance policies (e.g., general liability, workers’ compensation, etc.) before any liability arises.

Such liability could relate to property damage or theft, an employee-related dispute, or a compensation lawsuit.

Not necessarily. Certain exceptions may be written directly into your music lessons business insurance policy, and some perils may be entirely uninsurable.

Yes, an LLC is meant to create a legal barrier between your business and your personal assets and credit. If you haven’t formed an LLC yet, use our Form an LLC guide to get started.

An LLC doesn’t protect your business assets from lawsuits and liability– that’s where business insurance comes in. Business insurance helps protect your business from liability and risk.