Cosmetology Insurance

What Kind of Liability Insurance Do Cosmetologists Need?

Cosmetology insurance is a type of small business insurance that can help cover claims of:

Bodily injury
Personal injury
Property damage
Emotional distress

So, if you accidently color a client’s hair the wrong color and they file a claim against you, cosmetology business insurance can help.

Every cosmetologist business has unique needs. Some coverages you may need include:

Commercial property insurance, which helps cover owned or rented business property like your building, equipment or inventory.
Professional liability insurance to help cover claims of negligence, misrepresentation and inaccurate advice.
General liability insurance for help covering costs of bodily injury or property damage caused by your business.
Business Owners’ Policy (BOP) which combines business property and business liability insurance into one convenient policy.
Business income insurance to help replace lost income if your business has to shut down temporarily due to a covered loss.

Who Needs Professional Insurance for Cosmetologists?

There are a variety of cosmetic and beauty professionals that may need business insurance, including:

Hairstylists
Barbers
Beauticians

This beauty insurance coverage can help pay for bodily injury and property damage claims.

We Won’t Make You Wait

We know how important your time is. That’s why we offer proof of insurance instantly online.

Protecting Your Property

You never think it’s going to happen to you, until it does. Having the right coverage can help protect your cosmetology business.

33.2% of theft at retail businesses comes from employees.¹

Theft

“In addition to offering hairstyling services our business sells products that enhance the health of our client’s hair. When I noticed our shelves of shampoo emptying out quicker than ever before I looked into it. Turns out our employees were stealing from us.”

Commercial property insurance can help cover owned or rented property that you use to operate your business like your:

Building
Equipment
Tools
Inventory

You can also add employee dishonesty coverage to your policy, which will help cover you from employee theft.

Injured Employees

“After we wash our client’s hair, we always check to make sure there isn’t any water that got onto the tile floor. When one of our employees forgot this step, they ended up slipping and breaking their ankle.”

Workers’ compensation insurance can help provide important benefits to employees with a work-related injury or illness. This includes medical treatment.

Taking Care of Your Team

Accidents happen every day. Keep your employees and your business covered with cosmetology liability insurance that will protect you both.

49.5% of hairdressers suffer from knee and foot pain.²

Allergic Reactions

“For each client that comes in we offer advice on products that will make their hair look its best. But after a client had an allergic reaction to a product, they filed a claim against us.”

Professional liability insurance can help cover claims of:

Negligence
Misrepresentation
Inaccurate advice

Cyber Security

“We use software to keep our computers secure but when we forgot to update it, a hacker was able to get into our records. They downloaded all of our customers credit card information.”

Cyber security insurance can help cover data breaches that occur at your business. It can help pay to:

Notify affected customers, patients or employees
Hire a public relations firm
Offer credit monitoring services to data breach victims

Covering Your Operations

There are some things you can’t prevent, but you can always be prepared. Insurance that offers you the coverages you need is crucial.

Cybersecurity breaches increased 67% from 2013 to 2018.³

Property Damage

“We sent a few employees to a client’s home to do hair and makeup for a wedding. One of our employees ended up staining our client’s table with hair products. They filed a claim against us.”

A Business Owners’ Policy (BOP) can help cover your business from property damage claims.

Product Liability

“We sell a variety of hair and beauty products to our clients. But after a product was too harsh for a client’s hair and caused breakage, they filed a lawsuit against us.”

Product liability insurance can help cover you if a product causes harm to a client. It’ll help pay your:

Customer’s medical costs to treat injuries
Legal fees
Settlements or judgments

How Much Does Cosmetology Insurance Cost?

The cost of your cosmetologist insurance will depend on the types of coverages your business needs. Some factors that determine how much you’ll pay include your:

Company size
Number of employees
Workers’ employment status
Specific business’ potential for loss
Location
Business’ age
Assets’ value
Coverage needs

To learn more about insurance programs and how much you’ll pay for coverage, get a quote today.

Find out more about other beauty and wellness professions we insure: