The cosmetology world is one that’s full of exciting opportunities, plenty of career potential, and a ton of creativity. Unfortunately, it can also be filled with uncertainty, unexpected accidents, and even liability.
But none of that should deter you from being a hair stylist, right? Especially when you know that hairstylist liability insurance exists to help mitigate these issues.
If this is the first time you’re hearing about this kind of insurance–or you’re just not familiar with how this kind of insurance works–don’t stress. This blog is going to provide some key insight about what hair stylist liability insurance is, why you need it, and how you can find the best hair insurance on the market to protect you.
Not sure what to look for when it comes to hairstylist liability insurance? We can help! As we said, this blog is going to dive into some of the key elements and main things to know, but we’ve got more to offer, too. If you want to take it a step further, check out our other blog, What to Look for When Purchasing Hair Stylist Liability Insurance.
For now, let’s tackle some of the basics! Keep reading to learn more.
Understanding Hair Stylist Liability Insurance
The liability insurance world is, unfortunately, packed with industry jargon that can make things hard to understand. But it doesn’t have to be that way. We’re going to dive into two types of liability insurance you should know, wiggle through the jargon, and come out the other side with a better understanding of liability insurance.
But first, let’s start with the most important term–liability insurance.
Liability insurance is a type of insurance that protects you from inherent, assumed, alleged, and accidental risks. Think about liability insurance as a safety net. If you’re a tightrope walker known throughout the world as the best in the biz, you’re probably still walking with a net underneath your tightrope, right? You probably won’t fall–but on the off-chance you do, that’s a painful mistake to make.
So, that net is there to catch you if you do fall, even if you never fall.
Insurance is the same thing.
Even if you’re the world’s most sought-after, experienced hairstylist, that doesn’t necessarily mean something bad won’t happen, accidentally or allegedly. Having that net there–just in case–can save you from a whole lot of damage.
What is Hairstylist Professional Liability Insurance?
There are a few types of liability insurance that are important to know and to have. The first is professional liability insurance. This sort of insurance acts as a safeguard against allegations or claims said to happen in the course of your professional service.
This type of insurance protects you against claims of negligence and damage when working with your clients. For context, let’s work with a hypothetical example.
Let’s say you have a client who claims during a haircut you nicked their ear and gave them an infection. They want to sue you for this! Whether this happened or not, it’s up to you to take care of the legal fees associated with getting to the bottom of it. And if you’re on your own without insurance, you might get stuck paying reparations–even if you didn’t cut your client.
Enter professional liability insurance. This sort of insurance protects you in scenarios like these. Not only will it help you cover any legal fees that might arise, but it will also help you get to the bottom of the issue and handle the reparations if they’re needed. Not to mention it can expedite the process, ensuring you do not have to close your business for the long haul while things get worked out.
What is Hairstylist General Liability Insurance?
General liability, on the other hand, covers things that pertain to your business generally rather than professionally.
In other words, general liability insurance is more of a risk mitigation for accidents or allegations that happen on-site and don’t have anything to do with your services.
This type of insurance is often called slip ‘n’ fall insurance. Putting those pieces together, this covers negligence and accidents that happen at your business.
So, if a client trips on a bunched-up rug and breaks their ankle, this occurrence would fall under your general liability insurance.
The Top 3 Reasons Why Hairstylists Need Liability Insurance
Now that you have a better understanding of what this insurance is, it’s time to discuss why you need it in the first place.
1. Protect Their Career
For starters, high-quality coverage is going to help you safeguard your career, your business, and your future. Without the support of insurance, you’re stuck going the whole journey on your own–and that can be expensive.
One claim of negligence could ruin your career and drain your finances, but with insurance, you’re able to tackle those issues head-on and deal with the repercussions without draining your bank account.
2. Additional Coverage
If you choose an insurance company that has your best interests in mind, you’re likely getting more than just coverage for yourself–you’re getting the opportunity for additional insureds, identity theft, stolen equipment coverage, and more.
And lots of these additional features won’t come at an extra cost!
3. Career Education & Member Benefits
Often, investing in liability insurance comes with major benefits. If you choose a high-quality insurance company, that means you’re going to get a ton of great benefits.
At Beauty Insurance Plus, , we offer our members a long list of member-only benefits like access to health insurance, continuing education discounts, and so much more!
Want a look at that comprehensive list? Check out our member-only benefits to see what we’ve got on the table along with industry-leading coverage.
Beauty Insurance Plus Hair Stylist Insurance
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