Estheticians are so much more than just skilled beauty professionals. They are also therapists, helping clients feel beautiful, inside, as well as out. But these skilled beauty pros work in a risky industry, where one slip of the hand, one miscalculated chemical ratio could severely injure a client and bring about huge liability for the professional esthetician.
To help estheticians find the best insurance programs specifically for beauty pros out there, we’ve created this ultimate esthetician insurance guide. Read on as we deep dive into this vital career protector.
What is Esthetician Insurance?
First off, why do estheticians even need insurance? Well, the law places liability on individuals or businesses when they are legally obligated to pay something. Just merely hanging up the “we’re open” sign out front opens you up to at least one major form of liability most professionals have probably heard of – general liability.
By completing beauty sessions for clients, professionals are also opening themselves up to the other major form of liability – professional liability.
- General liability is related to accidents that cause injuries and/or property damage in or around your place of business. Depending on your state, you can be assigned a level of liability when an accident occurs which will be determined by the courts.
- Equal to general liability for business owners and operators is professional liability. This liability stems from you offering your services to the general public as it relates to an accident with injuries and/or property damage as a result of the actual services you perform as a professional.
Now that we understand what a liability is and the two most common forms of liability for estheticians, we can better understand the vitality of insurance. Insurance literally means a financial assurance for a covered event. You can purchase insurance for many things – your car, your home, even your life. Esthetician insurance provides the financial assurance that the insurance company will cover the costs of a claim, per the provisions of your contract i.e. your insurance policy with them.
With general and professional liability, these types of claims are more common for estheticians and so any esthetician insurance worth its weight will provide large, but adequate, coverage limits for each. Other forms of liability that warrant protection include product liability. The insurance for this type of liability protects the policyholder from a claim against them after a client has had a bad allergic reaction to a particular product that was used in the session. From there, top esthetician insurance programs will also cover additional forms of loss that could present a significant financial risk to a professional if left uncovered.
Going further, today’s beauty pros face increasing cyberthreats that could take years and thousands of dollars to clean up after an attack. Seeing the real risks professionals face, our esthetician insurance program provides $25,000 in identity recovery services should your identity ever be stolen.
Additional protection mechanisms like this make a good policy into a great policy and offers the comprehensive protection needed to adequately protect yourself from the many liabilities and other losses that can occur at any point in a career.
How Do I Get Esthetician Insurance?
Now that we understand the world behind liabilities and the ways that insurance can be used as an effective risk mitigation strategy, the question of securing coverage comes next. Quite often, many consumers will base their entire buying decision on cost. Knowing this, businesses entice customers with all manner of advertising and sales promotions. But going into your esthetician insurance purchasing decision, pros need to be savvy to make sure they’re getting a great policy at a good price.
Esthetician insurance cost should definitely be a consideration but it needs to be taken into context so you can get an accurate picture of how each program compares on a level playing field.
Three key questions to ask with your esthetician insurance program can really affect the overall quality of the coverage that you get:
Getting Covered with Comprehensive Esthetician Insurance
If you’re looking for the very best protections available with insurance tailor-made for professional estheticians, then BIP was designed just for you.
Great coverage at a great rate that lets you put off worrying about what ifs a future claim may bring and instead focus on providing great services, expanding your business, and being successful as a beauty entrepreneur. Contact our team of licensed agents now for help signing up.
