The Covering Beauty Blog

Everything you need to know about insurance for your beauty business.

Are you sure you’re covered?

Posted January 26th, 2014 by Jeff Pulford

We here at InsureBeauty happily answer many questions from our beauty industry clients and have certainly heard many….  Some that we think might be helpful for beauty professionals are, as follows:

property

How do I determine a Business Personal Property limit for my salon?

  • Think of all your equipment, inventory, product and any improvements you have done to your business space, such as sinks or basins.  Then add up all their values and you will get the amount of Business Personal Property for your insurance policy.

caution

Do I need General & Professional Liability?

  • Yes you do.  General Liability is for the slip & fall due to water on the floor or trip & fall due to a cord across the floor.  Professional Liability is for a burned scalp or an infected finger due to “your work”.  Theses are examples of each type of liability.

Is my policy as a booth renter/independent contractor location specific for liability?

  • No. The booth renter/independent contractor general & professional liability policy follows you to any location where you are providing beauty services.
  • If you’re relying on the salon policy it only covers you when you are working for the salon.

    monthly bill

Do I have to pay all at once & upfront to get a booth renter policy?

  • No. The company we use offers direct bill payment plans with one to six payment options, with no installment fees!  Premium starts at an annual rate of $225!

If you have a more specific question, please call our office toll-free at: 855-257-0088 or visit our website at www.insurebeauty.com



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