Hiscox

Hiscox is a specialist insurer offering general liability, professional liability (errors & omissions), and business owner's policies (BOP) purchasable online without a broker. For wellness franchisees, general liability covers bodily injury and property damage claims that arise from studio operations — a floor-level requirement in almost every franchise agreement. Professional liability covers claims tied to the services your staff deliver, which matters for massage, esthetics, and similar hands-on concepts. Coverage starts around $22–$30/month for general liability at lower revenue tiers, though actual premiums depend on payroll, revenue, number of locations, and state. Hiscox does not underwrite workers' compensation in most states, so franchisees with W-2 employees will need a separate carrier for that. Before binding, confirm the coverage limits in your FDD Item 8 or franchise agreement match or exceed the minimums Hiscox can issue — some franchisors require higher aggregate limits or additional insured endorsements naming the franchisor.

Reviewed by Miles Sutherland, Vendors & Equipment Editor