Specialist business cover for hairdressers and beauticians
The hairdressing and beauty trade comes with unique risks and challenges not experienced by other business owners. With a tailored insurance policy, you can protect both your business and your customers.
At Arkwright, we can provide policies covering a range of things like public liability, employers’ liability and contents and equipment insurance.
Beauty insurance & cover
Running a barbers shop, hair salon, nail salon or even tanning salon is big business. While many type of business will have peaks and troughs in demand, there will always be a steady stream of customer after your professional services to keep them looking their best.
Just as with any other type of business, having an appropriate level of insurance in place is essential to protecting your livelihood. You never know what might be approaching around the corner that could cause disruption to your business. From equipment failures to buildings and contents damage, an unexpected event can prevent you from operating as you normally would for some time.
Salon and barbers’ insurance isn’t just about protecting your operations; it also helps to protect your customers too. As your work will generally involve making alterations to someone’s hair or body, there’s an element of responsibility on you and your employees when working with the public.
It’s important that you’re aware of the possible risks so you can take appropriate measures to minimize the chance of something going wrong. On top of this, ensuring that you’re properly insured for any accidents or injury to others will provide adequate financial protection to your customers, your employees, and your business overall.
Click on the following links to learn more about the different types of insurance.
Tailor your insurance to your business
No two salon businesses are the same, so you’ll need an insurance policy that specifically suits you and how you operate. Whether you manage several employees in a brick and mortar store or run your own mobile service as a freelancer, there’s an insurance package available to match your needs.
The range of services carried out by barbers and salon owners can vary, with popular things including cutting and styling hair, shaving and male grooming, coloring and adding hair extensions. Using various sharp tools like clippers, scissors, and razors as well as chemicals like peroxide and color dyes elevates the risk of potential harm to yourself, your staff or your clients.
With public liability cover and employer’s liability cover in place, your business will be protected if a customer or employee seeks compensation after becoming injured. Having the appropriate cover in place, any compensation claims can be handled without causing financial disruption to your daily business.
Working at a fixed address means you may need to safeguard your building and contents in case they suffer damage that could prevent you from trading. Depending on whether you own the space yourself or rent a shop unit from a commercial landlord, you’ll want to make sure you have the right level of cover to protect your income and expenses if you’re forced to stop working temporarily.
What type of business insurance is right for me?
Choosing the right cover for your business regardless of the size can be often challenging. This is because of the many different options available. The type of business you run will greatly affect the insurance policy you look for. For example, offices will generally only be accessed by employees and authorized guests, whilst the likes of shops, restaurants, and hotels may be freely accessible to the general public. This will determine the level of liability coverage you will require.
The service you provide and the potential for risk can also be a factor. Restaurants and cafés serving food will need to make sure that professional levels of conduct and hygiene are maintained, while leisure and activity centers should carry out suitable risk assessments to ensure public safety.
Why cover your business?
Losses in business can come from many different avenues. It’s important to have protection in place to avoid any substantial losses or expenses.
Business insurance quotes can be one or many different types of cover lumped into one policy to make sure you’re covered from all angles.
How much does business insurance cost?
The cost of insurance will vary depending on what type of business you are running. As a result, the level of cover you need will ultimately determine the cost.
Insurance policies come in packages, offering a range of different cover and optional extras. It’s important to remember that the cheapest quote isn’t always the best one. It’s about finding the right cover for you and your business.