Running a beauty salon, 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 minimise the chance 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.
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 bricks 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, colouring and adding hair extensions. Using various sharp tools like clippers, scissors and razors as well as chemicals like peroxide and colour 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.
While running a salon or barbers’ shop will require specialist insurance for equipment and the potential risks to your customers, it’s important not to lose sight of the more generic aspects of business insurance. It’s almost impossible to predict even the smallest unexpected thing that might cause disruption.
Your business cover will need to take into account aspects like your energy supply and telephone line. If your place of work should suffer from any outages of these vital services, it can cause potentially have a negative impact and result in loss of business.
Taking these aspects into account, you can operate day-to-day with peace of mind that you’ll be covered if the lights go out, if you’re unable to use hot running water or appliances, or even if you can’t take customer bookings over the phone.
Make sure you get the right level of insurance cover for your salon business or barbers’ shop by speaking to Arkwright. We can help you to find a policy that’s completely tailored to you and your business. We’ll do this by finding out all about you and your needs and working with a diverse panel of specialist insurers to source the ideal cover with the best possible quote.
Call 01204 392 525 today to speak with one of our expert team or send over a few details by clicking the “Get a quote” button. We can take it from there, working together with you and our trusted providers for the right salon or barbers’ insurance to suit you.