Makeup salons are part of the personal care services industry. A makeup salon specializes in offering professional makeup artists who apply traditional, airbrush, or contour makeup for bridal parties, makeovers, or for any reason. In addition to offering services in the salon, makeup salons may also offer mobile makeup artists who work at a customer’s home or another location.
Makeup salons have the same risks as many other businesses who deal with the general public and have physical assets and can be sued for any reason—with or without merit.
Why Do You Need Makeup Salon Insurance?
Operating a makeup salon can be very rewarding, but one fire or lawsuit can destroy your business for good. You need makeup salon insurance to protect your assets from a variety of unique risks:
- Property damage risks (fire, theft, vandalism)
- Liability risks (customer injuries on your premises, or causing injuries or property damage during mobile makeup services)
What Does Makeup Salon Insurance Cover?
Makeup salons face many of the same risks as typical retail or office settings, including fire, theft, vandalism and weather events, as well as slips and falls on the property and other third-party injuries or property damage. In addition, you have some unique risks if you offer mobile makeup services.
You need custom insurance coverage for the unique and not-so-unique perils that you face in your day-to-day operations. Your makeup salon insurance should include the following types of policies and coverage.
- Commercial property insurance: Makeup salons have to protect their commercial property from catastrophic loss. You must protect your building if you own it and be able to pay your bills and resume operations if you have to close for repairs after a storm, a fire, or some other unforeseen event. Talk to an independent insurance agent about coverage for salon furniture, fixtures, and all other salon contents, as well as expensive equipment, whether it is owned or leased.
- Business interruption/business income coverage: You still need to pay for expenses like rent and employee salaries if your makeup salon must close to make repairs after a fire, storm, or some other covered event. This coverage helps you stay afloat while you have an interruption in your day-to-day operations.
- Commercial general liability (CGL) insurance: You can be held responsible for injuries or property damage that affect customers, vendors, or other members of the general public while at your makeup salon. Slips and falls, falling fixtures, and faulty products can leave you vulnerable to claims and costly lawsuits that could put you out of business. A CGL policy provides broad coverage for bodily injury or property damage that occurs on your premises. It also covers you if an employee who is providing mobile makeup services injures someone or causes property damage at another location (e.g., at a client’s home) while he or she is working.
You may want to consider a business owners policy (BOP). BOPs are designed for small businesses and include liability, property, and business income insurance in one affordable package policy.
What Other Insurance Policies Do Makeup Salons Need?
Your basic property and liability policies provide broad coverage for a wide range of claims. But some types of claims are excluded from coverage or are not sufficiently covered these policies. You’ll likely need some additional types of makeup salon insurance policies, including:
- Commercial umbrella insurance provides excess liability protection to any of several other policies you might have. If a customer injury in your salon leads to an expensive lawsuit that exceeds the limits of your CGL policy, your commercial umbrella kicks in with higher coverage limits.
- Commercial auto insurance ensures that you’ll be able to pay for any physical damage or injuries you cause if you are in an auto accident while driving for business purposes. If your mobile makeup artists drive business-owned vehicles, you need commercial auto insurance. What’s more, you need special coverage called non-owned auto liability insurance if your mobile makeup artists drive personal vehicles to and from off-site appointments.
- Employment practices liability insurance covers you if an employee sues you for discriminatory employment practices.
- Cyber liability insurance is important for any business that uses, transmits, or stores electronic data. It pays for any costs related to a cyber breach as well as any related legal costs if a customer or supplier who was harmed by the breach sues you.
- Worker's compensation insurance is typically required for any business that has employees, and pays for lost income and medical expenses for employees that are injured on the job. If an employee is injured while lifting heavy boxes, slipping on a wet floor, or falling off of a ladder, for example, worker's compensation insurance pays for related medical costs and compensates them for time away from work.
- Crime coverage protects your business if an employee or a group of employees engage in theft, forgery, or fraud that damages your business. Having a small business with high-turnover part-time employees makes your business susceptible to employee theft. This coverage also protects you from the costs associated with shoplifting and vandalism.
- Sign coverage pays for damage to outdoor signs that are not attached to your building that is caused by vandalism, theft, weather, or accidents.
- Utility interruption coverage provides income protection if you are unable to operate due to a covered utility (water, electrical) interruption.
How Much Does Makeup Salon Insurance Cost?
Your makeup salon insurance cost depends on a number of factors, such as the size and location of your physical space, the value of your business property, the types of services you provide, and the number of employees you have.
With a proper valuation of your property and careful analysis of your liability risks, an independent agent can help you find insurance companies who specialize in makeup salon insurance at a price that fits your budget.
Find and Compare Quotes
An independent agent can work with you one-on-one to determine the types and amounts of coverage you need to protect your business from a variety of costly problems. Your agent can get quotes from multiple insurance companies so you can evaluate the cost and coverage options and make the best choice.
Benefits of an Independent Agent
Our agents simplify the search process for finding the right makeup salon insurance. They’ll walk you through the handpicked policy options and explain the details.
Most importantly, they’ll be there for you when claim time comes. They know the ins and outs of the process and will make sure your claim is handled appropriately.
The Lowdown on Online Quotes
Online quotes can be tempting. They are fast and easy to get—but are they accurate? And are you getting quotes for the right coverage? For business owners, choosing speed over accuracy can cost you.
Online quotes can’t and don’t take into account the whole picture. They can omit important coverage that will leave you devastated if something unexpected happens. And they can leave out cost savings opportunities that an agent can help you take advantage of.
Instead of getting an online quote, find an independent insurance agent now, and get one-on-one consultation and affordable options for the best coverage for your unique needs.
TrustedChoice.com Article | Reviewed by Paul Martin
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