Looking for Salon Insurance?
With so many different treatment options and salons out there, it comes as no surprise there’s no umbrella salon insurance policy. Building your own can help you get the cover you need.
From protecting the building itself, your staff, your customers or your stock, having salon insurance in place can help you cover unexpected costs that could occur from injury, theft, damage or fire. If you offer a range of beauty treatments such as lash extensions, manicures, HD brows and even waxing, you’ll need to think about taking out some insurance.
Do you need salon insurance?
You don’t need to be running a physical salon on the high street to be in need of salon insurance – there are plenty of businesses that would fall under this type of policy including:
What types of salon insurance are there?
There are many different types of insurance policy that could be bundled together to give you the salon insurance you’re looking for. Depending on the type of business you run, you might want to think about:
- Employers’ liability
- Public liability
- Building insurance
- Contents insurance
- Stock insurance
- Business interruption
- Treatment risk cover
- Chair renters and freelance stylist and beautician cover
- Tools or equipment insurance
- Van insurance
- Theft of takings
Liability salon insurance
With a profession so closely linked with working with people, it’s a good idea to get liability cover to protect your staff and customers should they want to make a claim against you. Not only will the pay out help you pay the compensation, but it could also help with both sets of legal fees and court costs which you could be liable for too.
A legal requirement if you have staff. It helps to cover the costs of claims for injury or illness whilst at work.
Helps to protect third parties (for example, your customers), in case of injury or illness and their property against damage as a result of your treatment – this could prove essential for someone working or owning a salon!
Do you need building insurance?
If you own the salon space you work in, or even if it’s an additional part of your home, building insurance could be handy. If you had a fire, flood, theft or any other kind of damage that requires repair, it can help you to cover the cost of anything from new pipes to a complete rebuild.
If you’re renting your salon or premises you operate out of then there’s no need to worry about building insurance, but you might want to double check that your landlord has it, as if there are repairs needed then it could impact your business too.
Consider contents cover as part of your salon insurance
Whether you rent or own your salon, you might want to think about protecting the contents as this is so important for you to be able to carry out treatments and services for your customers. If something was to be damaged or stolen it could not only cause a great hassle with cancelled appointments and dissatisfied customers, but you’d also need to think about replacing it as quickly as possible too – contents insurance can help you do that.
Salon Insurance – Useful FAQs
Generally, most salon insurance policies such as public liability can help to cover you whilst you’re out at a customer’s house, but double check with your insurer. Remember, if you’re using your car for business, you’ll need to update your car insurance too.
Of course, each insurer will have their own policy stipulations and exclusions, but quite often treatments like the following aren’t included, or require a specialist policy:
- Hair transplants
- Anything which involves breaking skin or blood vessels
Employer’s liability insurance is a legal requirement, so you could be looking at some pretty hefty fines for trading without it. For every day you trade with staff but no cover you could be fined £2,500
If you’re self-employed this could be particularly worrying, but with business interruption insurance or personal accident cover you could receive financial help to meet your bills and overheads.