A barber shop is mainly for hair cutting, styling, and shaving of men, but occasionally women will get haircuts from the same hair shop. Most barber shops only include the basic hair cutting techniques, but not hair coloring or additional cosmetic services that beauty salons will offer. However, even barber shops have risks associated with their profession. Cutting a client’s hair in a way they didn’t specify or accidentally nicking their face while shaving could lead to a lawsuit. Other risks are common for most business including property and products risks. By obtaining barber shop insurance you are able to protect your shop from all types of risks.
Insurance for barber shops cover most risks your shop will need to be concerned about, including the following:
Barber Shop General Liability Insurance
If you get just one type of business insurance for your barber shop, it should be general liability insurance. General liability covers any type of lawsuit resulting from customers visiting your shop or services you provide. General liability insurance for barber shops includes completed operations, like a lawsuit from giving a customer the wrong haircut and premises liability covering costs related to a customer harming themselves while in your shop. If a customer was to purchase a product from you, such as a type of shampoo, and gets an allergic reaction, you can be sued for damages; products liability is also included in general liability.
Barber Shop Property Insurance
Your barber shop might also need property insurance, which covers any type of damage done to your business property and its contents. For example, water from a faulty sink can cause a flood in the building that affects your electrical wiring and in turn cause a fire. This can damage your equipment, furniture, and the building itself. Property insurance will help to cover the damage along with replacing anything that was destroyed.
Barber Shop Product Liability Insurance
As a barber shop owner, you no doubt sell a variety of products ranging from shaving cream to shampoo and conditioner. If the products you sell causes damage or harm to a customer, such as an allergic reaction, they can sue you for damages. For example, if you sell an electric shaver to a customer that malfunctions during the first use causing a gash in their face or head, they can sue you for medical costs. Product liability insurance can help cover these costs.