Beauty Salon Insurance – Insurance Associates Agency Inc. Beauty Salon Insurance |

Beauty Salon InsuranceBeauty Salon Insurance

Beauty Salon Insurance for shop owners of one or more locations is provided on our Business Owner Policy (BOP) coverage form and is designed to provide comprehensive insurance for beauty salon and spa operations.  We know that beauty salons provide a variety of services and operate within a number of disciplines within the classification of beauty and barber shop businesses.  Some beauty salons also have other operations connected to the place of customer service like tanning and massage and these present some unique challenges that should be thoroughly considered.  In these cases we may need to more carefully consider the operations that are being conducted but we are able to provide protection to beauty salons under our Business Owner Insurance program.  We are able to offer beautician professional liability to select clients in the cosmotology trades.

As for Beauty Salon Insurance, the versatile Business Owners Policy (sometimes also known as a businessowner’s policy) has been designed as a package of property, liability, and ancillary coverage that beauty salon business had previously bought in ala carte commercial policy forms.  Insurance companies have bundled the often requested policy provisions into a single policy offering and because of the combination of the coverage into a package they offer generous discounts in the pricing for the increased efficiency.

Beauty Salon Insurance under our BOP policy is designed for most beauty shop operations.  The Business Owner Policy for beauty shops will include the following coverage as standard or optional coverage:

Liability for Beauty Salons

  • Bodily Injury and Property Damage, Premises Liability
  • Personal Injury and Advertising Liability Coverage
  • Employment Practices Liability Insurance
  • Fellow Employee Coverage
  • Host Liquor Liability
  • Non-owned Watercraft
  • Hired and Non-Owned Auto Liability
  • Products and Completed Operations Liability
  • Employee Benefits Liability
  • Ohio Stop Gap Liability Insurance
  • Beautician Professional Liability

Regardless of business type, and that includes Beauty Salon Insurance, liability insurance protects against the tort of negligence that arise from business operations.  The tort of negligence is a breach of duty that is derived from common law principles that have evolved through decades and even centuries of recorded decisions about our relationships with one another.  A duty is an obligation we owe to someone else.  In essence, we owe each other the duty to protect them from the consequences of our actions and when someone is hurt or suffers harm to either body, property, or reputation, in our culture we boil down our grievances to a monetary settlement in most cases.  In the case of the liability coverage provided in our beauty salon insurance policy, we will pay for the benefit of a legal defense against the claims of injury or damage and we will also pay the amounts that become due to another because a finding of your negligence has occurred through legal proceedings or an agreement accomplished through the negotiations of your insurance carrier and the other people involved in the claim.  This includes bodily injury and property damage as a result of events on the premises, through acts on and away from the work facilities, injuries caused by products, advertising injury, personal injuries other than bodily injury, hired and non-owned auto liability, and injury or damage caused due to computer intrusion and compromise when chosen.

Property For Beauty Salons

  • Buildings including multiple locations
  • Business Personal Property including Chair Equipment
  • Building Limit Automatic Increase at the Time of Loss
  • Valuable Papers and Records
  • Accounts Receivable Coverage
  • Computer Coverage and Cyber Crime
  • Outdoor Signs—Attached and Detached
  • Building Ordinance or Law Coverage
  • Off-Premises Coverage for Business Personal Property, including Property in Transit
  • Earthquake Coverage (Some carriers)
  • Business Income, including Extra Expense Coverage
  • Coverage For Water Back-up
  • Equipment Breakdown

Property insurance is required to be included when a business owner policy is used.  If you own the building we must include the building.  We must include the business personal property, stock and fixtures because the beauty salon business Insurance policy is a package policy that requires both liability and property coverage be included.  When it comes to Beauty Salon Insurance, the reason the BOP policy is cost effective is the large package credits that are built into the premium charges.  The package of coverage is easy to issue and maintain than an asssortment of separate policy forms and coverage.  The business owner policy provides a lot of coverage in a tidy package and it is flexible enough to handle several locations and variety of situations for building, business personal property, computer and cyber crime needs, signs, coverage on or off premises, loss of business income, and break down of critical building mechanical systems that may alter your ability to operate.

Inland Marine and Special Property

(See IM Section for more Details)

Beauty Salon Insurance can insure mobile equipment and property that leaves the building.  When property leaves the premises it is best covered with an inland marine endorsement that is designed for equipment that may float to where you actually do your work, like for example, services provided at a local senior center.  Certain equipment that is mobile in nature and leaves the business premises will find the broad coverage of the inland marine policy endorsement that are the best method of insuring this type floating and mobile type of property.

Umbrella Liability

Umbrella liability is an additional limit of liability coverage that protects for damages that exceed primary policies and sometimes losses that were not covered in the primary policies but were not excluded by the language of the umbrella policy.  Carriers writing the underlying the Beauty Salon Insurance on a BOP will often write umbrella liability for beauty salons and if they do they often include coverage over the professional liability.  You should ask and verify if this is the case.

Crime and Fidelity

  • Employee Theft
  • Crime Inside
  • Crime Outside

The loss of money through theft, robbery or burglary, or the dishonesty of an employee are losses that can cripple a beauty salon business and tailoring your needs for crime and fidelity coverage can be done within the Business Owner Policy to create the ideal Beauty Salon Insurance policy protection.

Business Auto

(See business Auto Section for Details)

When your business operates business vehicles it is important to insure the vehicles with liability protection just like the premises and operations.  The business auto coverage is dealt with in great detail in the business auto section.  Follow the link to this section for he specific business auto information.

Professional Advice and Agency Service

Quality coverage begins with understanding your needs and the extent of your operation when it comes to Beauty Salon Insurance.  I have 37 years of experience working with business owners and have a unique and special connection to beauty salon practitioners and their business insurance needs.  This agency represents quality carriers that have the ability to provide the coverage your business needs whether or not it is ultimately provided inside of our Business Owner Policy or our more flexible Commercial Package Policy (CPP) option.  Call and ask for Terry McCarthy at (513) 779-7920, 9-5 Monday – Friday most days.

Business Owner Policy Topics