Insurance for Spa/Salon Owners

There is some risk involved with spa or salon treatments. Even though most view them as safe, sometimes the unexpected occurs. A misjudgment can lead to a botched treatment that makes the clients look worse for wear. They could also have an allergic reaction or sensitivity to the treatment.

Whatever the case, when a customer experiences an issue, it can lead to a lawsuit. Insurance will protect you against the damages that may occur. James Inwood offers different types of spa insurance options for business owners. Choose the best one, or find something specific for your services.

Insurance Tailored to Your Needs

Insurance protects you against many types of property damages or liability claims. You can choose a policy that provides the most coverage tailored to your needs and concerns. The general liability protects you against lawsuits, while the property protects your tools, equipment and stock. Other things you can add to your policy include:

Loss of income from a covered claim
Equipment breakdown
Professional liability
Data compromise
Business owner’s policy
Flood and water coverage

We also have salon insurance that fits specific treatments. These smaller plans cover items related to that type of industry work. James Inwood provides you with comprehensive coverage matching the services you offer. Contact us to learn more about how we can help you.

A Dedicated Insurance Team

You need an experienced broker to help you with insurance. It makes claims much easier and faster when you have James Inwood at your side. The team can handle all of the documentation and negotiation needed for your insurance. You’ll get a better look at the insurance options available and choose.

James Inwood helps you get the most out of your insurance. Contact us today to learn more.

Why You Need Esthetician Insurance

At a spa, a customer may make the mistake of getting into equipment without the supervision of your technicians. They could try out a product or service only to have an adverse allergic reaction. Other times, they’re not careful enough and your property gets damaged in the process. Spas need insurance to cover potential financial threats. It is especially true for those that offer more advanced treatments that require the supervision of a technician.

James Inwood offers you spa insurance and more. Seek out the plan that’s right for you by talking to us.

The Cost of Salon Insurance

Insurance plans for spas and salons have different costs depending on the type of coverage. You’ll also need to account for several factors. These include:

Number of staff and employees
Services offered
Type of property and equipment
Location
Revenue

James Inwood will examine these factors to help ascertain the best value for your business. Even small establishments can enjoy the protection that keeps them away from situations that could shut them down.

Types of Insurance for Estheticians

All professionals dealing in servicing others need insurance. When there is a claim against you, they’ll seek compensation for your business. If you have protection, the insurance company will be the ones they deal with. It also frees you from any problematic financial drawdowns should they occur.

If you’re looking for insurance plans, there are some non-negotiables you’d want to have in place:

Professional liability or sometimes referred to as E and O coverage
It’s a policy that protects you from the backlash of a botched procedure or an error while at work. The insurance will cover errors in your work or recommendations made, settlements, and other fees.
Insurance to protect your building, property, and equipment
Even if you’re working freelance, your professional gear is your livelihood, and you need something to protect it. Even with damages or loss, you can have enough money for a replacement.
Commercial general liability or CGL
There are some cases where clients or visitors can get into an accident while on your premises. They may push the blame onto your business, and the insurance covers you against those risks.
Other considerations
Some types of insurance cover specific esthetician procedures. For example, you may want insurance covering your permanent makeup procedures if you offer them. There are hundreds of options available for those in the beauty industry.

If you’re looking for coverage that encompasses any or all of these, James Inwood can help you. We can provide you with different policy options to choose from to decide on the best plan for your business. Contact us today and get the insurance you need.

Do I Need Insurance?

Since estheticians often deal in a subjective field that has a degree of permanence, there is often a risk while on the job. With each day operating, you’ll need protection that protects you from liability, damage, and loss. If you work in a salon, spa, or something similar, you’ll need to get insurance. Even those who don’t own a business and practice on their own should have some form of protection.

The industry itself revolves around providing services to clients. There is a degree of trust with every business transaction. An error can break that trust and lead to legal action. Insurance is the financial shield that can help you stay up and running.

Problems will happen despite your best intentions. It’s best to stay on the safe side and have something ready to protect you when a problem occurs. Those who often get insurance from us include:

Hair Stylists
Permanent makeup artists
Cosmetologists
Hair removal technicians
Tanning salon owners
Microblading
Lash lifting
Lip injections
Waxing/sugaring
Registered massage (RMT)
Facials

There is no mandate to get insurance in the beauty industry, but you shouldn’t neglect it. Many of the top businesses and practitioners attest to having coverage. If you are under one of the following criteria, you need to consider it for protection:

Self-employed
Small business owner
Freelance esthetician
Those who do home services
Owner of a sole proprietorship

If you are one of the above, you’re more vulnerable to a loss. You risk losing everything you worked on, including your business and reputation.

James Inwood provides suitable esthetician insurance plans customized to fit your business. Gain protection from a reputable broker who can give you the coverage you need. Contact us today to learn more about our offerings.

Why Choose James Inwood?

James Inwood understands how important it is to manage risk for any business. An insurance plan is a safety net. We’ve worked on different spas over the years, and we understand your needs. We make sure to get you the solution to each challenge in the industry.

Having a policy that fits you can make all the difference. It can prevent insurmountable losses. We also have connections to different providers, which lowers the premiums involved.

Getting a custom insurance plan is as simple as giving us a call. We’ll ask you a few questions to ascertain your needs and find the right plan for you. We’ll offer you several choices, so you have control over the type of plan you’re getting.

Contact us today, and get the best insurance rates.