Whether you are the owner of the salon or some salon assistant, it is important that you get yourself insured. More than protecting your personal financial assets, the professional liability insurance package that you should get is to protect you and your professional practice. You’re a professional and you need to protect yourself. You may be an expert in your field, but when it comes to insurance and what coverage you should get, it is best to ask an expert on it too.
Does your profession belong under cosmetology and the science behind it? Check out this list:
- Small salon owners
- Nail technicians
- Make-up artists
If your professional practice falls under any of those in this list, then you should consider yourself a cosmetologist. And perhaps the next question to this will pertain to the important of getting yourself insured as a cosmetologist. Why do you need it?
Your profession allows you to reach out and help others who need professional advice on health and beauty. Your job is to help them find the beauty regimen that suits their personal style and taste. Much like the process you follow to get things done, you, as a cosmetologist, also need to follow a process to be able to protect yourself and your practice. Apart from the proper training and licenses that you have to obtain, you must get yourself the right professional liability insurance.
Without insurance, you might lose everything you have worked so hard for to pay off third party property and personal damages incurred in an accident. Apart from that, you may need money to pay off your legal defense team. Without insurance, you may have to deal with out of court settlements and get the money out of your own pocket. The cosmetology insurance is your way of protecting your personal investment as well as your craft.
How much should my insurance coverage be?
In truth, if you want a higher the coverage for your insurance, you have to be able to pay the higher premium every month. While the coverage for the salon space may be different, it is important that you understand what exactly are you paying for. Will it be enough to cover damages that may be incurred in your salon space? Will it be enough to cover for possible settlements? All these must be cleared up with a professional insurance provider before you invest in the insurance that they are providing. After all, it is your protection that you are investing at.