The many responsibilities of a makeup, nail, hair salon or barbershop owner can be challenging and stressful, and while you are busy making your clients look and feel beautiful, you shouldn’t have to worry about the unique risks that your styling activities can play on your practice. While some policies will cover everything, others can play a specific part in protecting your staff, finances, and products.
In the latter case, make certain you check the definitions and exclusions! Too often coverage may not be enough to protect you against lawsuits. And, even if such lawsuits fail, you may still face legal costs. That’s why you need specialty salon insurance to cover against the specific risks of a beauty salon and spa. This specialized insurance plan may have components of Commercial Property Insurance, General Liability Insurance, and even Workers Compensation Insurance!
For example, you could be held liable for injuries caused by wrongful measurement of chemicals within hair products, injuries due to styling objects and so much more. You might face professional liability claims if a customer suffers a health emergency or injury and blames the advice your staff gave. You could even be sued by customers over problems with the goods you sell, such as beauty and hair products.
Of course, a good beauty salon insurance policy also covers standard business insurance like workers’ compensation, employment practice liability and protection for your buildings and equipment.
Here at SOGO, we offer Risk Management courses for you and your employees about minimizing risk; for example, posting adequate warning signs about hazards when using the equipment, or adequately training staff to deal with emergencies and minimize damage.
We can get the right Insurance Policy and Risk Management Plan for your business. Contact us today to start the process.