Tarot Reader Insurance: Cost & Quotes From $38/mo

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Working as a tarot reader has its fair share of risks. A client can slip and fall while entering your office. You might even be held liable by a client who experienced the opposite of what you predicted. So, what should you do and how will you protect yourself from such a scenario in the future? Read on to find some of the tarot reader insurance policies that can protect you from a financial crisis.

General Liability Insurance for Tarot Readers

CoverWallet  NEXT (Best) Thimble  Hiscox The Hartford
Per occurrence limit  $1,000,000 $1,000,000 $1,000,000/$2,000,000 $300,000/$1,000,000 $1,000,000/$2,000,000
Aggregate limit  $2,000,000 $1,000,000/$2,000,000 $1,000,000/$2,000,000 $300,000/$2,000,000 $1,000,000/$2,000,000
Products and completed operations aggregate limit  $2,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000
Advertising injury coverage aggregate limit  $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000
Tenant’s legal liability coverage limit  $100,000 $100,000 $5,000 $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 Excluded Can be included Can be included
Equipment breakdown floater included? No  Yes Yes Can be included Can be included


You may also refer to this type of tarot reader insurance as business liability insurance or commercial general liability insurance. This protects your business against third-party bodily injuries and property damage claims that are caused by the use of your products, services, or operations. Your employees’ job-related injuries and illnesses are not covered under this policy. Other risks that are covered under this coverage include:

  • Copyright infringement claims

  • Reputational harm claims

  •  Advertising injury claims

Coverage Limits of General Liability Insurance for Tarot Readers

Your chosen insurance provider will provide a general liability coverage with a $1 million per occurrence limit and $2 million aggregate limit. 


Add-Ons for General Liability Insurance for Tarot Readers

  • Product liability insurance–If you sell any tarot reading-related products to your clients then it would be a smart move to purchase this add-on as it may confer you with financial immunity in the event these products cause harm or injuries to your customers

  • Cyber liability insurance–In the event your tarot reading business’ networks become compromised following a cyberattack and your client’s personal information gets leaked to the public, then you can use this add-on to cover all the costs you may be subjected to

Errors and Omissions Insurance for Tarot Readers

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


Its commonly referred to as professional liability insurance. The errors and omissions insurance for tarot readers is an insurance policy that protects your tarot reading business from costs resulting from lawsuits over an alleged mistake, error, or oversight done or performed during professional service provision. Some of the coverages provided under this policy include:

  • General or gross professional misconduct

  • Breach of contract

  • Professional errors such as providing your client with misleading or incorrect tarot reading interpretation

  • Failure to provide services within the agreed time frame

  • Failure to provide your services as per the accepted standards

Coverage Limits for Errors and Omissions Insurance for Tarot Readers

Errors and omissions insurance has a per occurrence and aggregate limit of $250,000 to $1,000,000. Your clients’ profile and the risks your business is exposed to are some of the determining factors on how much payout you get.


Add-Ons for Errors and Omissions Insurance for Tarot Readers

  • Media liability coverage–If you use social media or any other media-related medium to promote or conduct your tarot reading business, then you should consider purchasing this add-on. Under this add-on, your tarot reading business is protected from any financial burden it may be subjected to following a claim brought by a third-party claiming for compensation due to an alleged invasion of privacy, slander, and libel caused by a content you published

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Commercial Property Insurance for Tarot Readers

CoverWallet NEXT (Best) Thimble The Hartford Hiscox
Building coverage limit (minimum) $50,000 $320,000 $25,000/$500,000 $75,000 $25,000
Contents coverage limit (minimum) $50,000 $35,000 $25,000/$500,000 $75,000 $15,000
Outdoor signs Excluded $2,500 Excluded Excluded Included
Accounts receivable  Excluded Excluded $5,000/$10,000 Excluded Included
Money and securities Excluded $2,500 $1,000 Excluded Included
Lock and keys  Excluded $2,500 Excluded Excluded Included
Business interruption floater Excluded Included Included Excluded Included
Equipment breakdown floater Excluded Included Excluded Excluded Included
Inland marine insurance floater Excluded Excluded $10,000 Excluded Excluded
Employee dishonesty floater Excluded $5,000 $2,500 Excluded Excluded


This tarot reader insurance is also referred to as business property insurance. Under this insurance, you are protected from the costs of repairing, rebuilding, and replacing your owned or rented commercial building and the physical business assets found in them in the event they get destroyed or damaged by an insured risk. Such risks include; fire, theft, wind, lightning, and vandalism.


Coverage Limits for Commercial Property Insurance for Tarot Readers

Your insurer will pay you approximately $50,000 as the coverage limit for commercial property insurance for tarot readers. The type of building materials that have been used to construct your commercial building and the approximate distance your commercial building to a fire station are some of the factors an insurance carrier will use in calculating your coverage limit for this policy.


Add-Ons for Commercial Property Insurance for Tarot Readers

  • Crime insurance–Upon purchasing this add-on, you get automatically covered for any costs that you may be subjected to in the event your commercial building and the contents in it get damaged due to criminal acts such as burglary, arson, and theft

  • Earthquake insurance–In the event your commercial building is destroyed by an earthquake, then this add-on can help you to get compensated for the costs of rebuilding the earthquake-damaged building

  • Flood insurance–if your tarot reading business is located in areas prone to floods, then it’s vital that you purchase this add-on  as it will shield you from the financial burden of rebuilding, repairing, and replacing your commercial building

Business Owner’s Policy for Tarot Readers

CoverWallet NEXT (Best) Thimble  Hiscox
General liability aggregate limit  $2,000,000 $1,000,000/$2,000,000 $1,000,000/$2,000,000 $300,000/$2,000,000
Commercial property coverage limit  $50,000 $320,000 $25,000/$500,000 $75,000
Optional policies can be added? Yes Yes Yes Yes
Name additional insureds for free? Yes Yes Yes Yes
BOP discount? Yes Yes Yes Yes


General liability insurance, business interruption insurance, and commercial property insurance are the 3 policies that make up the business owners policy (BOP) for tarot readers. Thus, the BOP for tarot is a bundled insurance policy that protects you from the following financial burdens:

  • Costs of repairing, rebuilding, and replacing damaged commercial buildings and the contents found in them

  • Incurring legal expenses following reputational harm, bodily injury, or copyright infringement lawsuit

  • Loss of income as well as the inability to pay rent and payroll

Coverage Limits for Business Owner’s Policy for Tarot Readers

It’s approximately $1,000,000. This coverage limit isn’t fixed. You can have your insurer of choice customize it to suit your tarot reading business needs.


When Can You Use This Tarot Reading Insurance?

  • In the event, you are unable to pay your commercial building’s rent following an occurrence of an insured risk that causes you to temporarily shut down your tarot reading business

  • In the event, your commercial building, whether rented or owned, gets destroyed or damaged by the insured risks as defined under this policy

  • You want to replace or repair your business assets that were damaged following the occurrence of insured risks

Add-Ons for Business Owner’s Policy for Tarot Readers

  • Employment practices liability insurance–You can use this add-on if your employees sue you for discrimination, harassment, or wrongful termination

  • Customer property coverage–This can reimburse a third party on your behalf if his or her property got damaged while under your care, custody, and control

Tools and Equipment Insurance for Tarot Readers

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


This is a business insurance that protects you from incurring the costs of replacing or repairing your business tools and equipment in the event they get lost, stolen, or get unintentionally damaged by fire and vandalism. 

Typically, insurers will only insure your tarot reading tools and equipment if they are moveable and are less than 5 years of age. Important to note is that your chosen insurer will not cover for the costs of repairing and replacing tools and equipment that malfunction due to wear and tear.


Coverage Limits for This Insurance for Tarot Leaders

The coverage limits for tools and equipment insurance for tarot readers range between $2,500 to $5,000. The market value of your insured item greatly determines this coverage limit.


Add-Ons for Tools and Equipment Insurance for Tarot Readers

  • Extended warranty coverage–You can purchase this add-on if you are sure that your tools or equipment will need to be repaired or replaced after the stipulated manufacturer’s warranty period

  • Rental reimbursement coverage–This add-on to tools and equipment insurance can reimburse extra expenses in case you need to rent tools for work because the one that you own needs repair or replacement

Commercial Auto Insurance for Tarot Readers

Commercial auto insurance for tarot readers exempts you from any physical damage and liability you may be subjected to following an accident caused by your commercial automobile. This policy covers the costs that are not covered by your personal auto insurance policy. Under this policy, you, your designated commercial driver, and the passengers traveling in your commercial vehicle including your family members’ medical bills are settled by your insurer.


Coverage Limits for Commercial Auto Insurance for Tarot Readers

$100,000 per person and $300,000 per accident is the approximate coverage limit most insurance carriers will pay you for commercial auto insurance for tarot readers. The deductibles under this policy directly influence how much your insurer will give you as the coverage limit after serving them with a claim notice.


Add-Ons for Commercial Auto Insurance for Tarot Readers

  • Zero depreciation coverage–This add-on provides you with financial aid for repairing or replacing the depreciated parts of your commercial vehicle. Important to note is that you can only purchase this add-on if your vehicle is less than 5 years of age

  • Engine protection coverage–If your commercial vehicle’s engine or its part gets damaged by incidents of water ingression or leakage of lubricant oil, then you can use this add-on to repair it

Excess Liability Insurance for Tarot Readers

Excess liability insurance for tarot readers can be viewed as additional or extra coverage that provides one with an extra layer of financial immunity in the event their primary policy coverage limits get exhausted. For instance, if you own an errors and omissions policy whose coverage limit is $1 million and you get sued for $2 million, then you can use the excess liability insurance to cover the $1 million that goes exceed your overage limits.


Coverage Limits for Excess Liability Insurance for Tarot Readers

It’s approximately $10,000,000. How much you get paid as the coverage limit under this policy greatly depends on the size of your business and the deductibles found in this policy.


A tarot reader holding tarot cards on a bed.


Workers Compensation for Tarot Readers

Workers compensation insurance protects your employee from incurring any costs that they may be subjected to following a work-related injury or sickness. Under this policy, your employee also gets compensated for a portion of their lost wages or salary. 

Important to note is that your employee will lose his/her right to sue you for your acts of negligence if they accept to be compensated under workers’ comp insurance. Some of the benefits your employee is entitled to under this tarot reader insurance include:

  • Disability benefits

  • Dismemberment benefits

  • Lost wages

  • Medical benefits

  • Death benefits

Coverage Limits for Workers Comp for Tarot Readers

There is no set amount on how much your employee gets paid under this tarot reading insurance coverage. Coverage limits depend on the workers comp law of the state where you’re doing business. 


Add-Ons for Workers’ Compensation for Tarot Readers

  • Return to work programs–Under this add-on, your employees who are subjected to work-related injuries and illnesses are aided to return back to their working state through the provision of job rehabilitation services

  • Wellness programs–Under this add-on, your employees get to benefit from essential yet commonly overlooked wellness program packages. Such packages include fitness programs and stress management programs

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Tarot Reader Insurance Cost

Cost per Month Cost per Year Deductible
General liability insurance $17 $204 $0-$500
Errors and omissions insurance $25 $300 $500-$1,000
Excess liability insurance $29 $348 $1,000-$2,000
Commercial property insurance $40 $480 $1,000-$2,000
Business owner’s policy $57 $684 $1,000-$2,000
Tools and equipment insurance $23 $276 $1,500
Commercial auto insurance $61 $732 $1,000-$2,000
Workers compensation insurance $69 $828 $2,000-$5,000


The average tarot reader insurance cost is $38 per month or $456 per year for a $1 million general liability policy. These approximate costs are not constant and they can go up or down depending on factors such as claims history, business history, location, policy limits, deductibles, revenues, and number of employees. Here’s a table showing the cost of a $1 million general liability policy from companies we recommend for tarot reading insurance:

Cost per Month Cost per Year Best for
NEXT $17 $204 Best overall; Fastest general liability insurance for tarot readers
CoverWallet $21 $252 Comparing tarot reader insurance quotes online
The Hartford $24 $288 Established tarot readers who own multiple tarot reading businesses equipped with costly/expensive business assets
Tivly $28 $336 Comparing tarot reader insurance quotes over the phone
Thimble $31 $372 Part-time or occasional tarot readers looking for temporary or on-demand coverage
Hiscox $35 $420 Tarot readers whose businesses are located in high-risk areas

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Best Tarot Reader Insurance Companies

Below are some reviews that provide you with the pros, cons, and $1 million general liability insurance rates of the best tarot reading insurance companies.


NEXT Tarot Reader Insurance

Pros

  • Best overall

  • Issues an online proof of insurance instantly

  • Fastest general liability insurance for tarot readers

  • Great customer service and reputation

  • Excellent rates

  • Outstanding value for money

  • Get a 10% discount if you buy two or more policies 

Cons

  • Couldn’t find any

In January 2016, Guy Goldstein (the current acting CEO), Nissim Tapiro, and Alon Huri together founded NEXT. This A- AM Best rated insurance carrier specializes in providing its policies to small-scale business owners 100% online. Through its AI-based solutions, clients can purchase and manage affordable and customizable business insurance coverages at any time of the day or week.

Best for: Best overall; Fastest general liability insurance for tarot readers

Average cost: $17 per month

Our rating: 10/10


CoverWallet Tarot Reader Insurance

Pros

  • It provides you with automatic risk analysis services

  • It recommends you the best insurance policies that suit your business needs

  • You can get instant free quotes through its website

Cons

  • Not an insurance company but an insurance broker 

CoverWallet provides its customers with instant free quotes, proof of insurance, and automatic risk analysis features. This insurance company also provides you with coverage recommendations that suit your business needs through its insurance providers partners. Some of the well-known and financially dependable insurance providers CoverWallet works with are Atlas, Employers, Progressive, Chubb, and Markel.

Best for: Comparing tarot reader insurance quotes online 

Average cost: $21 per month

Our rating: 10/10


The Hartford Tarot Reader Insurance

Pros

  • It’s rated as an A+ grade insurer by BBB and AM Best

  • Its coverage options are available in all the 50 states

  •  It provides its customers with above-average customer cares services

Cons

  •  Its coverage options mostly benefit AARP members

As of 2020, The Hartford was ranked 160th in the Fortune 500 list. This USA-based company was founded in 1810 in Hartford Connecticut by a group of domestic merchants.. Some of the coverage options provided by this 13th largest property and casualty insurance company in the USA are general liability, business owners policy, workers comp insurance, commercial property insurance, and commercial auto insurance policies.

Best for: Established tarot readers who own multiple tarot reading businesses equipped with costly/expensive business assets

Average cost: $24 per month

Our rating: 10/10


Tivly Tarot Reader Insurance

Pros

  • Compare quotes over the phone

  • A partner of many reputable insurance companies

  • Finds an insurance company that matches your risk profile

Cons

  • You need to call to get a quote

The AM Best rates Tivly as an A+ online insurance agency. Through its website, this digitally dynamic and incorporating insurance agency helps match its clientele with the best coverage options that suit their business needs. Call now to compare quotes over the phone. 

Best for: Comparing tarot reader insurance quotes over the phone 

Average cost: $28 per month

Our rating: 9/10


Thimble Tarot Reader Insurance

Pros

  • Thimble will refer you to Tivly if it can’t provide coverage

  • Sells errors and omissions as an add-on to general liability insurance

  • You can pay for an hour’s time insurance coverage

Cons

  • You can’t reach customer service by calling 

Thimble is one of the insurance companies in the USA that permits its policyholders to purchase liability coverage for hours, days, or weeks. This AM Best A-rated insurer was originally founded as Verifly Insurance Services by Eugene Hertz and Jay Bregman. Business insurance solutions you can purchase are general liability, commercial property, business owners policy, and more. 

Best for: Part-time or occasional tarot readers looking for temporary or on-demand coverage

Average cost: $31 per month

Our rating: 9/10


Hiscox Tarot Reader Insurance

Pros

  • It has more than 100 years of insurance provision experience

  • Numerous add-ons to your base policies

  • 14-day money-back guarantee

Cons

  • People living in Alaska cannot access its coverage

Hiscox was founded in 1901. It specializes in providing its policyholders with personal and commercial policies that are pocket-friendly, easy to purchase and claim. The AM Best has rated this internationally located and recognized insurance carrier as an A-grade insurer. In the USA, Hiscox provides multiple coverage options in all states except Alaska.

Best for: Tarot readers whose businesses are located in high-risk areas

Average cost: $35 per month

Our rating: 9/10

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