Estheticians, sometimes also referred to as aestheticians in the European tradition, provide a wide variety of personal services to their clientele. Whether you perform cosmetic procedures like make-up, facial massage, masks and peels, or medical services that use lasers and powerful acids, estheticians run a constant risk of accident and injury to the client. That's why it is essential to have a comprehensive esthetician insurance policy to protect you financially.
An independent agent in the Trusted Choice® network can help you select the right esthetician insurance policy for you. Contact a local agent today to discuss your esthetician insurance liability and get quotes for the coverage you need.
Medical Estheticians Require Special Coverage
- Malpractice suits involving laser procedures grow more numerous each year.
- Hair removal accounts for 36% of the suits.
- Other procedures leading to lawsuits include skin rejuvenation at 25%, and vascular/leg vein treatments at 16%.
- Damages awarded to the plaintiffs range between $5,000 and $2 million over the last 25 years, with an average award of $380,700.
How would you cope financially if a client sued you over a cosmetic procedure? Even if you work under the supervision of a doctor, you are financially responsible for any accidents or injuries that affect a client in your care. On top of the injured client's medical expenses, court fees, and missed wages, you would also have to pay for your own legal defense which can often cost more than the settlement amount.
If you work in a hospital, doctor's office, or medical spa as a medical esthetician, these are the types of coverage you may need:
- Malpractice liability: This provides financial protection if you make a mistake that causes injury to your client during treatment and leads to a lawsuit. Because of the delicately balanced chemicals and equipment you use each day, accidents can happen. Malpractice liability pays the injured party's medical expenses, missed wages, and any damages awarded to the plaintiff. It also pays for your legal defense.
- Product liability: Sometimes equipment doesn't operate as it should. Even if an accident is caused by the products and machines you use, such as laser hair removal devices or skin rejuvenation equipment, you may still bear the financial burden when your client sues. Product liability covers the expenses of litigation due to equipment failure.
Coverage for Salon Estheticians
Coverage for salon estheticians is usually more affordable than coverage for medical estheticians. In general, the equipment and treatments are less invasive and less risky. Also, the salon owner may provide some of the liability coverage you need when you rent your workspace.
Aside from any coverage that the salon may provide, it is a good idea to carry your own esthetician liability insurance. You will want coverage that includes the following:
- General liability: Provides basic slip-and-fall type litigation protection for your workspace
- Malpractice liability: Covers you against the cost of legal claims if you are at fault in a treatment accident, such as a chemical peel or waxing procedure gone wrong
- Product liability: Protects you from lawsuits due to equipment failure, such as a malfunctioning wax warmer that leads to a burn
You might wish to purchase additional insurance, such as:
- Rental damage coverage, to pay for any mishaps that cause damage to the space you rent
- Lost or stolen equipment coverage, to pay for the expense of replacing your valuable tools
A local independent agent can help you look over the coverage you have through your salon and can show you several esthetician insurance options to protect your finances. If you own your own esthetics salon, a member agent can help you get the right coverage for your business.
Esthetician Insurance for Your Home Business
If you operate out of your home, there are many insurance options to consider. The most important step is to find the right esthetician liability insurance to protect you from malpractice suits and other litigation. But you may also need to add the following coverage:
- In-home business insurance: This can be added to your homeowners insurance as an inexpensive rider, or you can purchase separate coverage for around $250 per year. It covers liability and property damage for any rooms you use in the home for business purposes. It can also cover cash, merchandise, and other items in your workspace, including the tools of your trade, such as tables, make-up and skin care products. It may also provide business interruption coverage to maintain a portion of your income if you are unable to operate your business due to a storm or health disaster.
- Inland marine coverage: This insures your equipment and products on the road and in storage. If you provide treatments and make-up applications at special events or in clients' homes from time to time, this coverage could save you the cost of replacing items lost to accident or storage fire.
- General liability: This provides financial protection when accidents that occur on site lead to lawsuits. It can cover such simple situations as a client slipping on the ice outside your office door. It pays medical expenses, court costs, and your legal fees if the client sues.
Esthetician Insurance Costs Are Relatively Low
Many estheticians find coverage for around $180 per year. With the low cost of liability coverage and the comparatively high risk of litigation, it is usually in your best interest to protect yourself with a policy that fits your practice. When you speak with a local Trusted Choice member agent, you can discuss your budget and the types of cosmetic services you provide. An independent agent can help you choose the level of coverage that best suits your unique risks, and can help you find the most affordable rates.
Choose the Right Esthetician Insurance for You
Many insurance companies provide some form of esthetician liability insurance, property coverage, or business insurance. An independent agent in the Trusted Choice network has relationships with several companies and works to find you customized coverage at a rate that fits your budget.
Contact a local agent today to start comparing esthetician insurance quotes from several providers. With an independent agent by your side, it's easy to find coverage tailored to your unique business needs.