Salons & Spas

You are in the middle of the high school prom and vacation planning season. The weather outside is less than favorable, but inside you have several tanning beds waiting for those customers seeking the fresh glow of summer. Unfortunately, a severe power outage has not only damaged many of your tanning beds and electrolysis equipment, but a customer has been injured by a fall in your establishment. Are you prepared for the potential loss of income and the financial risks associated with a lawsuit? How will your technicians be covered for their loss of income due to equipment failure?

At Quantum Source Insurance Group (QSIG), we understand the potential risks involved with owning a salon and spa and will work with you to ensure that you have the best coverage possible.

Today’s salons and spas provide much more than the traditional hair and nail services. As beauty trends emerge, salon and spa owners expand their offerings to meet all of their clients’ beauty needs. From body wraps to microblading to lash extensions, keeping up with the latest beauty trends presents additional liability to business owners, as well as their specialized technicians.

The services covered by the insurances we provide include, but are not limited to:

QSIG will work with you to ensure that not only your services are covered, but you as a business owner are protected from the financial risks associated with potential lawsuits.  Our policies include:

• Abusive Acts Liability – helps protect your business from claims of abuse and molestation.
• Coverage for Independent Contractors/Technicians – protects you from claims made against those working independently under your business’s name.
• Equipment Breakdown Coverage – covers replacements and repairs on equipment, such as tanning beds, so that loss of revenue is minimized.
• General Liability – protects you financially from costly claims and lawsuits, such as those arising from trips and falls.
• Professional Liability–can cover contractors/technicians and the business owner (recommended to be purchased by both parties) in the event of an accident during service.
• Workers’ Compensation – protects against financial loss from on the job injuries and illnesses.

How much can you expect to pay for your coverage? For most clients that have general liability and professional liability together, premiums range from approximately $1,500 to $2,000 per year and does vary based on the state where you are located among other factors. Workers compensation coverage is rated based on the amount of payroll you have.

QSIG understands the risks associated with running a business in the beauty and skincare industry.  Put your mind at ease and contact us today for more information on how we can help you and your business.