Sometimes in fashion and beauty it pays to take a risk. That one person is all it takes to break the norm and wear that new look that gets everyone’s head turning.
When it comes to running your hairdressing business though, there are some risks you might not want to leave unprotected.
Here is a common business risk hairdressers face in their day-to-day and what business insurance policy can help safeguard you from the consequences.
The risk of injury or property damage to customers or suppliers
Scissors, razors, electrical equipment and hazardous chemicals – there are many things that can go wrong in a hair salon.
All it takes is a client to trip over a cord or for you to spill some bleach on a supplier’s new sneakers and you could be in for an expensive claim.
Take this example** where a 70-year-old customer slipped on some cut hair at a barbershop after a service and allegedly injured his right shoulder.
A $75,000 settlement was agreed in court.
Luckily, the barbershop had Public Liability insurance, which protects the from third-party injury and property damage, and the insurer paid the money along with $10,000 in legal fees.
Many landlords also require tenants to have a particular level of Public Liability cover, so it’s best to check!
Get covered from risk today!
We get it. Creating new hairstyles and experimenting involves risk. But that doesn’t mean you shouldn’t consider being protected from the risks that threaten your business.
Through BizCover, you’ll get multiple competitive quotes with just a few clicks or a phone call.
Select your preferred policy, and you’ll be covered instantly, so you can get back to creating the next stylish cut that’ll define an era.
Visit bizcover.com.au to get your insurance sorted today – it really is no dramas!
** The provision of the claims examples are for illustrative purposes only and should not be seen as an indication as to how any potential claim will be assessed or accepted. Coverage for claims on the policy will be determined by the insurer, not BizCover.
*This information is general only and does not take into account your objectives, financial situation or needs. It should not be relied upon as advice. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. © 2022 BizCover Pty Limited, all rights reserved. ABN 68 127 707 975; AFSL 501769
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