Hair & Beauty Salon Insurance
As the owner of a hair and beauty salon you will no doubt wish to insure against anything untoward that may happen that puts the future trading of your business at risk. Therefore, it is important that you arrange suitable Hair and Beauty Salon Insurance making sure that the important risks are covered.
This type of insurance can cover a variety of things so let us have a look at them in a little more detail.
If you own the salon premises it will be your responsibility to insure the business premises against the likes of damage caused by fire, flood, storm, subsidence and any damage as a result of a break in. Buildings insurance will provide such cover. If you rent the property then you should check with the landlord who is responsible for such insurance.
You will no doubt carry a significant amount of expensive stock, contents and equipment as well as numerous fixtures and fittings. All these can be insured with a Hair and Beauty Salon Insurance policy that will cover you for the perils mentioned above.
There are a number of types of liability cover that you may require such as Public Liability, Employers' Liability and Product liability. If a customer were to slip on some liquid that was on the salon floor, fall over and break a limb you could well be faced with a claim for compensation perhaps for loss of earnings – Public Liability insurance would cover this situation. Equally, if this happened to an employee they might try to sue you – Employers' Liability would cover this. If a customer were taken ill as a result of using one of the products you had sold them they may try to sue you – Product Liability Insurance would cover this.
If your salon were burnt down as a result of a fire it may be many months before your business is operational again. During that period, your income may disappear. Business Interruption Insurance is designed to cover this eventuality and replace the income you would lose.
It may also be possible to arrange cover against theft by one of your employees.
Shop Insurance Direct will be pleased to help arrange a competitive quote for Hair and Beauty Salon Insurance for you.