Business Insurance for
Beauty School Insurance
The demand for cosmetologists is expected to grow by around 15% within the next 5 years, resulting in the addition of nearly 100,000 new jobs in this industry by then. This means beauty schools will continue to be popular in the coming years in order to train up-and-coming cosmetologists. But if you want to stay in business, you need to obtain beauty school insurance, and your policy needs to contain the following types of coverage.
General Liability For Beauty Schools
When you run a beauty school, you need general liability insurance to pay for any lawsuits resulting from accidents that happen on your campus. If a client or visitor slips on a wet floor when coming in for an appointment, general liability will cover it. This means it will pay for the medical treatment that’s necessary after any injuries on your property.
This type of business liability insurance can also pay for property damage claims, so if someone’s belongings are damaged because you accidently dropped hair dye on it, you won’t have to pay out of pocket as a result. In addition, general liability will pay for your legal defense if another beauty school – or any other business – sues you for slander, libel, or copyright infringement.