Beauty professionals are responsible for their client’s well-being and safety. The nature of the profession often causes them to be at a higher risk for accidents, which is why they need to be as protected as possible with an appropriate beauty insurance policy. We know that it can be challenging to find the right coverage, so we’ve compiled some of the most common and important questions about professional beauty insurance policies:
1) What is the difference between general liability and professional liability policy? 
2) What is a typical premium?
3) How does this differ from my homeowners or auto policy?

What is a General Liability Policy?

Before you decide on the best policy for your needs, it helps to know what each entails. A general liability insurance policy covers professional beauty professionals responsible for an injury or property damage. It only applies to lawsuits done outside the actual service or treatment. The policy will cover legal fees, settlements, and other costs related to any incidents.
Typical premiums for a beauty insurance policy vary depending on the size of the salon or spa in which you work, how many employees you have, and whether or not you offer services like cosmetic injections or laser hair removal. A typical premium for salons with gross annual earnings over $500K is around $10-25K per year. For salons with gross yearly revenues below $500K, a typical premium is about $5K-$10K per year.
This aspect of beauty insurance liability policy differs from your homeowners’ insurance because it only covers accidents that occur at your place of business and within your scope of employment, while homeowners’ insurance covers accidents and incidents that happen anywhere. Auto policies cover accidents when driving a car, while this type of liability policy cover accidents while operating motorized equipment or carrying out workplace duties.

What Isn’t Covered Under a General Liability Policy?

A common question people ask is what is not covered by insurance. This coverage protects the professional beauty’s third-party claims but does not cover any claims for bodily injury or property damage from your professional services. This aspect of the beauty insurance policies doesn’t cover claims for abuse or criminal acts such as stealing from a client. Finally, public liability is a defense only. Sometimes our clients want to use general liability to sue their landlords or a client who has not paid them. Unfortunately, we cannot use the insurance for this.

What Is a professional liability policy?

This liability covers the significant exclusion in general liability, excluding claims from professional acts. This type of coverage can be provided in many ways and forms. The common denominator is expertise in the service you offer or specific training. Professional liability can protect you from claims of financial loss, bodily injury, and many, many more.

Why Does a Beauty Professional Need a Professional Liability Policy?

While the beauty industry is not regulated, the legal system can still hold you accountable for your actions. In the eyes of the court, you have a responsibility to perform your acts in a way that protects the public from injury. If it is through your education, apprenticeship, or years of experience, the court will deem you a professional, and you will need professional liability coverage to respond to a claim.

How Do I Make Sure My Beauty Insurance Covers All of My Needs?

No one wants to feel like they are under-protected. This is why it’s so important to ask your insurance company any questions about what is and isn’t covered by your policy.
For example, if you’re a hairstylist, you may need to work with your insurance company to make sure that the coverage on your policy includes damage done by color, bleach, and perms. If you offer facials and chemical peels, ensure that these procedures are included in your general and professional liability.
Ultimately, it’s up to you to know what risks and needs your salon or spa faces so you can find the right insurance coverage for them. That way, when something goes wrong, you’ll be able to rest easy knowing as much as possible will be taken care of.

Questions About Getting Coverage for Your Profession

1) A general liability insurance policy protects your business against claims of negligence. This type of policy covers bodily injuries and property damages that occur at your work site. It also covers the cost of defense if you are ever sued or taken to court for an accident or injury that occurs during your business hours. Professional liability protects you from lawsuits stemming from your services.
2) The average professional beauty insurance premium ranges from $330-$800 per year. This varies depending on the company, location, and specific needs outlined in the plan.
3) Even though a professional beauty insurance policy is not the same as a homeowner’s or auto policy, they do share some similarities: They both cover accidents at your workplace, but only if they happen during standard business hours and while you’re working.

Conclusion

This post discussed the many different insurance policies available to beauty professionals. We’ve also discussed some of the reasons why you should have a professional umbrella policy, as well as some of the questions you might have about getting coverage for your profession. Now that you understand why you need a professional umbrella policy and how it can help your business, you can contact an insurance consultant to get covered.