As a magician, your captivating performances and mind-bending tricks mesmerize audiences at parties and other gatherings. However, behind the scenes, protecting tyourself and your business from unexpected mishaps is essential. Magician insurance offers comprehensive coverage tailored to the unique risks faced by magicians, ensuring peace of mind during your shows and beyond.
It is crucial to consider protecting yourself and your business with magician insurance. While the world of magic is full of wonder and excitement, it also comes with inherent risks. Whether you perform on the sage or at a street fair, accidents can happen. Having a magicians insurance policy can provide you with peace of mind and financial protection.
| CoverWallet | NEXT (Best) | Thimble | Hiscox | The Hartford | |
|---|---|---|---|---|---|
| Per occurrence limit | $1,000,000 | $1,000,000 | $1,000,000/$2,000,000 | $2,000,000 | $1,000,000/$2,000,000 |
| Aggregate limit | $2,000,000 | $2,000,000 | $1,000,000/$2,000,000 | $2,000,000 | $1,000,000/$2,000,000 |
| Products and completed operations aggregate limit | $2,000,000 | $1,000,000 | $2,000,000 | $1,000,000 | $1,000,000 |
| Advertising injury coverage aggregate limit | $1,000,000 | $1,000,000 | $2,000,000 | $1,000,000 | $1,000,000 |
| Tenant’s legal liability coverage limit | $300,000/$1,000,000 | $300,000 | $100,000 | $100,000 | $1,000,000 |
| Waiver of subrogation included? | Yes | No | Included | Can be included | No |
| Hired/non-owned auto liability coverage included? | Yes | No | No | Can be included | Can be included |
| Equipment breakdown floater included? | No | Yes | Yes | Can be included | Can be included |
| Can you get a certificate of insurance online? | Yes | Yes | Yes | Yes | Yes |
| Name additional insureds? | Yes | Yes | Yes | Yes | Yes |
| Deductible | $0 | $0 | $0 | $0 | $0 |
General liability insurance protects magicians in case they cause property damage or bodily injuries to individuals during their performances or other related activities. This insurance coverage helps magicians manage potential financial liabilities arising from such incidents. The following are specific situations where this insurance covers:
Coverage for accidents that result in bodily harm to spectators, volunteers, or other individuals attending the magician's performances or events
Protection for accidental damage caused to venues, equipment, or other property during the magician's performances or while setting up or dismantling equipment
Coverage for injuries or property damage resulting from slips, trips, or falls caused by the magician's equipment, props, or staging
Coverage limitations are usually $100,000–$1 million per occurrence and aggregate.
Add-Ons to General Liability Insurance for Magicians
Equipment coverage–This add-on covers the magician's equipment, props, and supplies against theft, loss, or damage
Hired/non-owned auto liability–If a magician uses a vehicle that they do not own for business purposes, this add-on provides liability coverage in case of an accident
For high-risk magic performances involving fire or dangerous stunts, magicians may need to comply with additional requirements or provide specific documentation to the insurance company.
| CoverWallet | NEXT | Thimble (Best) | Hiscox | The Hartford | |
|---|---|---|---|---|---|
| Per occurrence limit | $1,000,000 | $1,000,000 | $1,000,000/$2,000,000 | $1,000,000 | $1,000,000 |
| Aggregate limit | $2,000,000 | $2,000,000 | $1,000,000/$2,000,000 | $1,000,000 | $2,000,000 |
| Name additional insureds? | Yes | Yes | Yes | Yes | Yes |
| Waiver of subrogation included? | Yes | No | Yes | Can be included | No |
Professional Indemnity Insurance covers magicians against claims made by clients due to negligent services or advice provided. It covers legal expenses, settlements, and judgments resulting from claims of negligence, errors, or omissions. The following are specific situations covered by this insurance:
If a magician provides false or misleading information that leads to financial loss or harm to a client, this insurance may cover the resulting claims
If a magician makes a mistake during a performance, leading to dissatisfaction or financial loss for the client, the insurance can provide coverage
Policy limitations vary from $100,000 to $1,000,000 or more. Insurance provider and policy determine coverage limits.
Abuse and molestation coverage–This add-on protects magicians against abuse or molesting charges. It can cover legal defense, settlements, and judgments for such claims.
Legal E=expenses coverage–This coverage covers legal fees, court costs, and other expenses associated with defending against claims or legal disputes
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| CoverWallet | NEXT (Best) | Thimble | Hiscox | The Hartford | |
|---|---|---|---|---|---|
| Building coverage limit (minimum) | $50,000 | $260,000 | $25,000/$500,000 | $25,000 | $60,000 |
| Contents coverage limit (minimum) | $50,000 | $22,000 | $25,000/$500,000 | $25,000 | $60,000 |
| Outdoor signs | Excluded | $2,500 | Excluded | Excluded | Excluded |
| Accounts receivable | Excluded | Excluded | $5,000/10,000 | Included | Excluded |
| Money and securities | Excluded | $2,500 | $1,000 | Included | Excluded |
| Lock and keys | Excluded | $2,500 | Excluded | Excluded | Excluded |
| Business interruption floater | Excluded | Included | Included | Included | Excluded |
| Equipment breakdown floater | Excluded | Included | Excluded | Excluded | Excluded |
| Inland marine insurance floater | Excluded | Excluded | $10,000 | Excluded | Excluded |
| Employee dishonesty floater | Excluded | $5,000 | $2,500 | Included | Excluded |
Commercial property insurance covers the property and assets of magicians and their businesses. It covers the physical assets, such as props, equipment, inventory, and other business-related items. The following are situations covered by this insurance:
Fire
Theft
Vandalism
Lightning
Sinkhole collapse
Weather
Falling objects
Equipment breakdown coverage–This add-on covers the expense of repairing or replacing important equipment like sound systems, lighting, and props
Valuable items coverage–This addon helps if you have expensive or unusual magic props or equipment, you may wish to add coverage to secure its full replacement worth
Commercial property insurance offers $25,000-$60,000 coverage for the building and its contents.
| CoverWallet | Thimble (Best) | NEXT | Hiscox | The Hartford | |
|---|---|---|---|---|---|
| General liability aggregate limit | $2,000,000 | $2,000,000 | $2,000,000 | $300,000 | $1,000,000/$2,000,000 |
| Commercial property coverage limit | $50,000 | $500,000 | $260,000 | $25,000 | $75,000 |
| Optional policies can be added? | Yes | Yes | Yes | Yes | Yes |
| Name additional insureds for free? | Yes | Yes | Yes | Yes | Yes |
| BOP discount? | Yes | Yes | Yes | Yes | Yes |
A business owner’s policy BOP) is a comprehensive insurance package designed for small enterprises, including magicians. It combines general liability, commercial property, business interruption, and other insurance policies. The following are specific situations covered by this magicians insurance policy:
Property damage due to fire, theft, vandalism, and other covered perils
Claims of bodily injury or property damage caused by the magician's performance or business operations
Business interruption due to a fire or natural disaster
A business owner’s policy offers a $500,000-$1 million general liability coverage and $25,000-$60,000 commercial property coverage.
Cyber liability–Cyber liability insurance can cover data breaches, hacks, and other cyber hazards if you handle client data and use online booking or payment platforms
Equipment breakdown coverage–This add-on pays to repair or replace vital equipment that breaks down mechanically or electrically
| NEXT | Thimble | Hiscox | The Hartford | |
|---|---|---|---|---|
| Aggregate limit | $3,000/$10,000 | $2,500/$5,000 | $15,000/$25,000 | $5,000-$10,000 |
| Covers hired and borrowed equipment? | $3,000/$10,000 | $2,500/$5,000 | No | Yes |
| Miscellaneous equipment also covered? | $5,000/$10,000 | No | Yes | Yes |
| Offered as an endorsement to general liability insurance? | Yes | Yes | Yes | Yes |
| Deductible | $500 | $500 | $0 | $0 |
Tools and equipment insurance for magicians provides coverage for the tools, equipment, and props used by magicians in their performances and shows. This magician insurance is designed to protect magicians against financial loss or damage to their essential equipment.
Business interruption coverage–This covers lost income or expenses if the magician's tools or equipment are damaged or stolen, causing performance cancellations or postponements
Replacement cost coverage–This coverage reimburses the cost of replacing damaged or lost products with new ones of the same sort and quality
The insurance policy determines accidental damage during performances. Some plans cover accidental damage during performances, but others may have restrictions. To determine coverage for accidental damage during performances, read the policy or contact the insurer.
The coverage limits start from $50,000 to $5 million.
Commercial auto insurance is a form of insurance coverage designed specifically for magicians who use vehicles for business purposes. It protects magicians and their vehicles in the event of an accident, damage, or liability while performing magic shows or traveling between venues. The following are specific situations in which this magicians insurance policy covers:
This insurance can cover a magician's vehicle's repairs or value if it's totaled
This insurance can cover medical, rehabilitation, and legal fees if the magician's vehicle hits someone
The magician's commercial property insurance can pay to repair or replace property damaged by his vehicle
This form of insurance often covers $100,000 to $5 million, depending on the policy and the magician's needs.
Personal property coverage–This add-on protects the magician's props and equipment from damage, theft, or loss in the vehicle
Rental reimbursement–This add-on covers the expense of renting a vehicle while the magician's vehicle is being repaired due to a covered occurrence
Commercial auto insurance providers may have certain criteria for policy issuance. Having a valid driver's license, a decent driving record, and business details are some of these prerequisites. Contact insurance providers directly to discuss your condition and needs.
Excess liability insurance provides additional protection beyond a magician's primary liability insurance policy. Suppose your general liability insurance only offers $1 million and someone files a $2 million lawsuit. Excess liability insurance will cover the remaining $1 million, so you don’t have to use your personal reserves.
The coverage limit for excess liability insurance typically ranges from $100,000 to $1 million, depending on the specific policy and the magician's needs.
Workers compensation insurance provides coverage for work-related injuries or illnesses sustained by magicians during the course of their performances. This covers medical bills, lost wages, rehabilitation costs, and death benefits.
Workers compensation insurance has no set limit. Payouts depend on which state you’re doing business.
Adding disability coverage to your policy depends on the insurance provider. Disability insurance replaces income if you can't work. Ask your insurance company if this option is available and matches your needs.
| Cost per Month | Cost per Year | Deductible | |
|---|---|---|---|
| General liability insurance | $27 | $324 | $0-$500 |
| Professional liability insurance | $38 | $456 | $1,000-$2,000 |
| Excess liability insurance | $45 | $540 | $1,000-$2,000 |
| Commercial property insurance | $61 | $732 | $1,000-$2,000 |
| Business owner's policy | $77 | $924 | $1,500 |
| Tools and equipment insurance | $30 | $360 | $500-$1,000 |
| Commercial auto insurance | $42 | $504 | $500-$1,000 |
| Workers compensation insurance | $80 | $960 | $2,500-$5,000 |
The average magician insurance cost is $27 per month or $324 per year for a $1 million general liability policy. Premiums will depend on:
Type and level of coverage–General liability, professional indemnity, and property insurance cost differently. Coverage limits and deductibles also affect premiums
Business size and revenue–Your business's revenue and personnel count can affect insurance costs. Riskier enterprises with higher revenue may have higher rates
Business location–Local restrictions, crime rates, and geographical risk factors affect premiums
Experience and claims history–Insurance companies examine the magician's experience and claims history when setting rates. A magician with no claims and years of experience may have reduced premiums
Services–The type of magic you do can effect insurance premiums. Performances with risky props or stunts may cost more
Equipment value–Your tools, props, and equipment can affect insurance. Higher-value items may demand additional coverage thus resulting higher premiums
Annual revenue–Insurance fees may depend on the magician's annual revenue. Revenue increases risk exposure and premiums
In connection, here’s a table showing the cost of a $1 million general liability policy from the best magician insurance companies:
| Cost per Month | Cost per Year | Best for | |
|---|---|---|---|
| NEXT | $12 | $144 | Best overall; Fastest general liability insurance for magicians |
| CoverWallet | $15 | $180 | Comparing magician insurance quotes online |
| The Hartford | $17 | $204 | Magicians seeking comprehensive coverage options and value the financial stability and reputation of the insurance provider |
| Tivly | $19 | $228 | Comparing magician insurance quotes over the phone |
| Thimble | $22 | $264 | Magicians who prefer flexibility and need short-term insurance coverage for specific events or gigs |
| Hiscox | $25 | $300 | Liability insurance for magicians with worldwide coverage |
Get all the best quotes from leading providers in a click of a button!
Here are the best magician insurance companies. Read some of the reviews below to know their pros, cons, and average rate for a $1 million general liability policy.
Best overall
Issues an online proof of insurance instantly
Fastest general liability insurance for magicians
Great customer service and reputation
Excellent rates
Outstanding value for money
Get a 10% discount if you buy two or more policies
Couldn’t find any
NEXT is an insurance company that primarily focuses on providing coverage for small businesses and independent contractors. They offer a wide range of insurance products tailored to specific industries such as magicians, dancers, fitness professionals, photographers, and more.
Best for: Best overall; Fastest general liability insurance for magicians
Average cost: $12 per month
Our rating: 10/10
Offers customizable insurance policies for magicians
Provides a user-friendly online platform for purchasing and managing insurance
Offers a range of coverage options to meet the specific needs of magicians
Not an insurance company but an insurance broker
CoverWallet is an insurance technology company that offers online tools and resources to simplify the insurance buying process for small businesses. They provide access to a wide range of insurance products from multiple carriers.
Best for: Comparing magician insurance quotes online
Average cost: $15 per month
Our rating: 10/10
Offers specialized insurance coverage for entertainers, including magicians
Provides comprehensive general liability coverage tailored to the needs of magicians
Offers additional coverages such as equipment protection, business interruption, and more
Known for its strong financial stability and reputation in the insurance industry
Premiums may be higher compared to some other insurance providers
The Hartford is a well-established insurance company that offers a range of insurance products, including auto, home, and business insurance. They focus on serving individuals, small businesses, and midsize commercial enterprises.
Best for: Magicians seeking comprehensive coverage options and value the financial stability and reputation of the insurance provider
Average cost: $17 per month
Our rating: 10/10
There is a special insurance coverage for performers, including magicians
Offers customizable policies which can meet the unique needs of magicians
Provides general liability coverage and additional options such as equipment coverage and event cancellation coverage
Pricing and specific coverage details may vary
Tivly is a Florida-based insurance corporation headquartered in St. Petersburg. It provides insurance coverage to individuals and enterprises in the local market and in other states. As a general insurance provider, Tivly offers coverage for areas such as auto, home, and business insurance, although the specifics of its products and services may differ. Call now to compare quotes over the phone.
Best for: Comparing magician insurance quotes over the phone
Average cost: $19 per month
Our rating: 9/10
Offers on-demand, flexible insurance coverage that can be purchased by the hour, day, or month
Provides general liability coverage and optional additional coverages
Offers a user-friendly mobile app for purchasing and managing insurance
Known for its fast and easy application process
Couldn’t find any
Thimble provides on-demand insurance for small enterprises and independent workers. Thimble offers short-term insurance for projects. They encompass contractors, freelancers, photographers, event planners, and more. Thimble's digital platform lets users buy insurance instantly and start coverage the next day.
Best for: Magicians who prefer flexibility and need short-term insurance coverage for specific events or gigs
Average cost: $22 per month
Our rating: 9/10
Offers customizable insurance policies for various professions, including magicians.
Provides general liability coverage and additional options such as professional liability (errors and omissions) coverage which is a boost to magicians
Has a strong financial rating and reputation
Doesn’t offer coverage in Alaska
Hiscox is a global specialty insurer. They specialize in business insurance. Hiscox provides professional liability, general liability, commercial property, BOP, and cyber liability insurance. They serve technology, healthcare, professional services, and more. Hiscox is noted for its competence in insuring complex risks, financial strength, and commitment to tailoring insurance solutions to clients' needs.
Best for: Liability insurance for magicians with worldwide coverage
Average cost: $25 per month
Our rating: 9/10
1 / 5
Use anyone except Employers. Period. They are non-transparent and shameful. After I complained long enough to warrant a call from a supervisor, the supervisor called back from a PRIVATE NUMBER (no caller ID), left a message that they are not reversing their decision (without any communication with me), and failed to leave a phone number for me to call back. She was hiding! They also fact find via email and phone calls, which is terrific for speed and communication. However, after setting a precedence of email or phone calls, they send time sensitive information via email, without any heads up... they are hoping you miss it and forfeit via expiration. Evil policies. Go elsewhere.
1 / 5
This place is an absolute joke of a company and should be ashamed of the way they conduct business. I was hurt on the job at the end of July and it took them just shy of 7 weeks to issue out a paycheck to me. Yes the amount was back dated but still. Not many have the luxury of not receiving a paycheck for almost 2 months. To top it all off, the original adjuster marked me down for the wrong state which caused a problem from the get go, I've had 3 different adjusters now since each one can't seem to figure out the simplicity of my claim. All my paperwork which includes, my job, house, and drs visits all are from the same state and city but yet some how I have been filed under a completely different state 1500 miles away. They do not answer your phone calls or emails no matter how many you leave. I've had to escalate my frustrations to the supervisors of each of these individuals in order to even get some kind of response. I've had more communication and information given to me about my claim from the customer service representatives then the actual adjusters.......... please tell me how that works?! A serious overhaul needs to happen here in order to serve your clients the way they deserve to be taken care of. 10/10 do not recommend this company to a single soul on earth
1 / 5
I have never had the displeasure of working with a more incompetent and disrespectful person in my life. I’m an injured worker and the adjuster that was assigned to my case was named Carrie Furgeson. In the past 6 weeks that I’ve been injured and out of work I have only been able to get ahold of her twice, not for lack of trying. I have left countless voicemails, countless emails, and she ignores them all. When I am finally able to get ahold of her I’m greeted with terrible customer service. She is rude, she talks over me and I’m hardly able to get a word in edgewise. She spelled my name wrong on my documents even after I spelled it for her properly countless times, this caused a whole new issue with my bank. I have bill collectors from the hospital calling me demanding payment and Carrie Furgeson won’t do a single thing to help, or to get them paid. All of my documentation is in Colorado, my job is in Colorado, my address is in Colorado, all my Dr offices and appointments have been in Colorado and Carrie still managed to hold my claim because she wasn’t sure what state she needed to file it under. It’s been 6 weeks since my Injury and my company still hasn’t received the wage paperwork to fill out so they can get me my correct wages. When she’s not ignoring me she’s answering my questions with “I don’t know” well I don’t know how she got this job, because apparently she doesn’t know anything about it. She is a disgusting morose individual inside and out and I genuinely wish her the worst in all of her future endeavors. I highly recommend you don’t use this company. Please if you are a business owner and your looking into this company please don’t use them. I’m sure they have the cheapest payment and that’s why companies use them in the first place, but you will be doing your employees a grave disservice by forcing them to venture into this absolute dumpster fire of a company. I would rate 0/5 if possible but 1 was the lowest I was allowed.
5 / 5
Their general liability insurance purchase process is simply the best online experience I've ever had in my life!
5 / 5
As long as they cover your line of business, you're literally covered! best rates, best coverage, best online experience, best professionals, can't be happier that I chose them!
Not all those who wander are lost.
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