Keeping your hairdressing insurance a cut above the rest! - by Abbie Wilson
Whether you’re a hairdresser that owns your own salon or perhaps you ‘rent a chair’, either way, you’re still dealing with many clients, on a regular basis and in close proximity which poses a risk in the event anything was to go wrong.
Hairdressers need to protect their salon from sudden and significant financial burdens that could potentially expose an otherwise healthy business if they were to suffer a loss.
Business Insurance can provide protection for your portable hairdressing equipment, glass and for loss of revenue if your hairdressing business is interrupted and unable to trade due to an insurable event.
Some common insurance claim examples that a hairdresser could experience are:
- Injury caused to your client with a product
- Loss or damage of your equipment, contents and/or stock
- A client tripping in your salon causing personal injury
It is also common for hairdressers to have a higher exposure to workers' compensation claims due to the number of different procedures and products used within their hairdressing premises.
Employees have sustained injuries within a hair salon due to falls, cuts, electrical shocks and carpal tunnel syndrome.
A potential yet very significant risk to hairdressers is associated with the possibility of spreading infections and contagious diseases among their clients. It is important that good hygiene practices are implemented within the Salon to assist with minimising the risk of exposure. Hairdressers also operate in close proximity to their clients, so ensuring they are adopting COVID Safe operating procedures is really important.
Insurance for a Hairdressing Salon proved invaluable...
Having the right insurance tailored to cover all your hairdressing treatments and products worked in one client’s favour after their hair salon client suffered a severe allergic reaction caused by a chemical in the hair dye used during treatment.
Trying to decipher insurance jargon and determining what risks your hairdressing salon could pose can be difficult. Insurance brokers will work closely with you to determine what insurance coverage you should consider for your business.
What people should consider when purchasing insurance for their hairdressing salon?
It is important to remember that when you purchase new hairdressing equipment, become a little more diverse and introduce new treatments that you update your insurance policy. As your hairdressing salon grows, so should your insurance policy to make sure you are not underinsured.
Business insurance is not always at the top of mind for many talented hairdressers as they can often commence their love of hairdressing by providing a causal service to their family and close friends. Mishaps can still occur and as a provider, you’re liable.
Remember - Always seek insurance advice from a professional.