If you own a beauty salon in Mesa, AZ, you need to understand that it means a lot to the people/community it serves. For this reason, it is worth protecting yourself and your clients from any incidents. This is where Lifetime Investments comes in to offer salon insurance.
Although you may have loyal customers and you always follow directions while offering these important services, accidents can happen all the time. So, as you concentrate on developing your business and satisfying your customer’s needs, it’s essential to get the right salon insurance plan to protect you from any financial loss.
Salon insurance for Mesa, AZ salon owners
If you’re like most salon owners, your beauty salon business is your sole source of revenue. Whether you have just started or trying to expand, you require the right salon insurance plan to keep your business secure. So, if you own a nail salon, hair salon, spa, or you provide a wide range of esthetician services, you’ll require the following types of salon coverages:
Salon liability insurance
This coverage offers financial protection if one of your customers incurs property damage or bodily injury in your salon and sues you. For instance, if the floor is wet and a client slips and falls, this plan will pay for their medical expenses, any settlement amount you owe, and your legal defense expenses. Be sure to set a higher limit for the liability coverage.
Property & casualty coverage
This will cover any damage to the property that houses your beauty salon, whether you own or lease it. The casualty coverage will protect the equipment you have in your salon like chairs, counters, computers, beauty products, styling equipment, and tanning beds. Note that the coverage doesn’t include the glass walls.
Workers compensation insurance
If you have workers, you need this coverage to protect them from illnesses and on-job injuries. Other than paying the rehabilitation expenses and medical bills, it will protect you from lawsuits.
For more details about salon insurance, contact us at Lifetime Investments today.