A business auto insurance policy may be something to consider for your salon. This type of insurance covers you in the case of auto accidents that occur during the course of business. If you send your employees out to do hair and make up for a wedding party, for example, you will want to consider this policy. If they get in an accident, business auto insurance will pay for any medical bills or repair bills.
Workers Compensation Insurance
If you have employees, you are required to provide workers compensation insurance. If the employees of your beauty salon get hurt on the job, this insurance pays for their medical bills and recovery time.
Professional Liability Insurance
Professional Liability also knows as errors and omissions insurance, protects the financial aspects of your beauty salon. A client suffering from a financial loss can bring a law suit against you, without professional liability coverage you will have no coverage in a suit.
If you really like to be on the safe side, you can get a commercial umbrella policy. This will act as additional business insurance after your standard policies have reached their maximum payouts. It can be useful when you need to make large claims.