Clean Cut Coverage: Salon Insurance

Salons, barbershops, and the beauty sector as a whole, are underserved for their insurance needs.

Luckily, the lower risk of the business means many companies offer policies for hair care establishments and professionals.

Unluckily, this means many agents provide cookie-cutter options for these small-business policies, without taking enough time to sit down and discuss your long-term goals and short-term needs for your shop.

Your policy should be tailored to you, your business, and your goals for it. While we recommend calling us to set up a time to discuss your insurance, we still want to give you a framework you can start to build with so you feel more empowered to make your policy perfect.

Make sure you customize your policy(ies) properly by thinking about some of the following major coverage questions:

How much would it cost to replace all of the furniture, products, inventory, and decorations in our salon?

Do I know what amount of liability coverage I should have on my policy? How did we come up with the number we have?

Does our Worker’s Compensation include any Missed Wages coverage? Do I know all the 1099 workers have their own Worker’s Compensation?

Do our barbershop employees have disability coverage? How can I provide them options and information without a huge cost of a group policy?

When is the last time I had an insurance professional sit down and help us optimize all of this?

If you answered any of these questions with an “I don’t know” or “it’s been a while since I looked at that,” click here to let us know, so we can help you plan for the future of your business!

Or, look through the entire portfolio of business products we offer by clicking Learn More to the right.