We would all like to think that you would never be sued for how you cut or colored someone's hair but the fact is we live in a litigious society that can sue for anything and everything. Salon insurance is available that covers the liability issues involved in the day-to-day business of salons nationwide. The fact is there are many things that can go wrong in a salon and having insurance in place is crucial to be able to handle the possible claims and lawsuits. The wrong solution used for a perm and someone's hair is burned or falls out, the power goes out and you are not able to fulfill your contracted and paid for services, someone slips and falls on a wet floor; these are all accidents and mishaps that can occur in any salon.
Insurance for salons is available in different insurance plans that you can discuss with your insurance agent. You can find out which insurance policies you need and those you don't. If you don't own the building you are occupying you might not need property insurance instead you might just need salon contents insurance. This type of insurance coverage would pay for any losses to your inventory, furnishings and equipments, lost wages, and important papers. Be sure to include everything that you would need to replace so you are sure you will have the proper coverage amounts. You might consider advertising insurance that covers misleading or false ads. Your salon might not use such tactics in their ads but the point is someone can sue you for it just the same!
A few of the possible insurance coverage options for salons are listed below.- Loss of money or income: This could include money in transit to a bank deposit drop or on your premises.
- Benefits that are sustained during a robbery
- Salon accidents that result in death, loss of limb or sight, permanent and total disablement
- Temporary total disablement
- Temporary partial disablement
- Workers compensation
- Public liability
Some of the professions that fall into the salon category that would benefit from these insurance options are:
- Beauty salons
- Barber shops
- Day spas
- Beauty schools
- Electrologists
- Cosmetic manufacturers
- Cosmetic distributors
Many insurance plans that cover the above locations will not cover the following services:
- Tanning
- Body piercing
- Permanent makeup
- Tattooing
- Laser treatments