Insurance for hair salons, hair stylists, barbers and more
Running a hair salon or barbershop comes with its own unique set of risks. Strong insurance coverage can protect you, your property, and your bottom line from costly losses or lawsuits.
Running a hair salon or barbershop comes with its own unique set of risks. Strong insurance coverage can protect you, your property, and your bottom line from costly losses or lawsuits.
These are just some examples of businesses that should be protected:
Whether you cut, colour, or style hair at home or on location, you need insurance coverage to protect your small business.
If the salon/barbershop you’re working out of does not cover independent contractors under their policy, you will need insurance. Check with the salon owner to find out more about the coverages that are provided under their policy.
The answer is simple: to help you get back to business in the event of an unexpected loss.
What if a fire breaks out and destroys your equipment?
Whether you operate a home-based business or lease a retail space, insurance can help with repair or replacement costs for both the building you operate out of and everything inside should you suffer a covered loss.
What if you accidentally damage a client’s hair?
We don’t doubt that you’re always as careful as can be when providing a service to your clients, but mistakes can and do happen. Insurance can help keep your costs low and limit your business’ downtime should you face an unexpected lawsuit.
What if someone breaks into your salon?
You’ve worked hard and put a lot of money into getting your salon business off the ground, so it’s important to protect your bottom line. Insurance can help protect you if your expensive equipment, inventory, or cash is stolen.
What if someone gets a hold of your clients’ sensitive data?
You may store sensitive customer information such as credit card details for your business. Small business insurance can help manage some of the costs that are associated with a data breach or cyber hack.
We’ll build you a customized policy that meets your business’ unique needs.
Commercial general liability coverage, or CGL insurance, is designed to protect small business owners when they face liability claims for bodily injury or property damage to a third party. For example, if a client falls and injures themselves while visiting your salon and files a claim against your business, your CGL policy can help with the costs associated with the lawsuit. It can even cover you when you or your staff are conducting business offsite, like when you’re hired to do someone’s hair for an event.
Imagine a fire accidentally breaks out in the back of your salon, destroying all of your inventory and equipment. Do you know what you would do next? Do you have a disaster recovery plan in place? If a disaster destroys your property, or someone steals from you, a commercial property insurance policy may be able to help with the costs associated with the loss. This coverage protects your bottom line, and it can also help limit your business’ downtime.
Small business owners have become targets for cyber hackers. If your point of sale software or other electronic devices store sensitive data such as client credit card information, you could be at risk for a cyber attack. Cyber risk and data breach coverage can help with the costs that may be associated with:
There are multiple factors insurers consider when calculating the premium for a business insurance policy. These factors include the following:
We’re as flexible as you need us to be.
We’re always open for you. With around-the-clock claims support by phone and online, we make settling claims fast, simple, and stress-free.
Pay for your policy all at once or in convenient monthly installments. We also offer 0% interest and we’ll even accept payment by credit card.
If you need to update your coverage at any point during your term, give us a call and we’ll walk you through the process. You can also cancel your policy at any time with no early termination fees.
There’s more to your TruShield policy than meets the eye. Here’s a few other ways we help support you with more than just insurance coverage.
Every TruShield customer has access to our team of Risk Services specialists who can help guide you through any questions or concerns you may have about the risks your business faces and how to prevent loss.
Suffering a loss to the business you’ve worked so hard to build is not an easy experience. Our Trauma Assist service is designed to help owners and employees cope with the emotional effects of a loss.
Legal Assist provides you access to legal advice and practical solutions for matters affecting your business. It includes a telephone legal helpline, document review and drafting services, and access to customizable legal templates.
* Legal Assist services are not provided for criminal, personal or insurance issues, do not provide representation in legal proceedings or legal fees coverage and are not an insurance policy. Legal Assist services are provided through ARAG Legal Solutions Inc. by lawyers licensed in the province or territory of your residence.
Answer a few online questions, and get an estimate.