If you own a salon, hairdressing business or barbers, you need to ensure that your hairdressers insurance policy includes an important element of cover.
Most commercial insurance companies will offer cover, or quotes, based on a standard shop insurance contract. There are certain changes and alterations to the cover, that they will make, to provide the protection that a salon would more usually require.
Under the package policy, you will get public liability insurance cover, this is better explained as third party liability insurance. If you injure, cause illness or damage any third party property or person, you will need public liability insurance. As far as a hairdresser is concerned, this can cover three areas.
Firstly, through the products you supply. Secondly if someone slips, trips or falls (for example) and thirdly, if you cause injury through application or treatment to scalps or skin.
This last part is excluded from the standard shop policy we mentioned above. What happens is that this cover is extended or expanded to cover hairdressers treatment insurance. Most insurers will provide cover for a fixed limit any one claim. Usual limits are £50,000 or £100,000 any one claim. It is very, very rare that claims exceed £15,000, but you never know. Half of the cost of the claims usually fall to the solicitor that is appointed by the claimant. The potential costs are not affected by inflation, particularly where a solicitor is involved.
You need to make sure that your cover is as wide as possible, to prevent the business losing out. As usual, you should speak to a business insurance broker as they are independent experts who will search and scour the market for you.