Salon Insurance in New Hampshire

Also providing salon  insurance to residents in Massachusetts, Maine, Rhode Island, & Vermont.

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What is salon insurance?

Operating a salon in New Hampshire requires a significant investment, and it’s thusly important to safeguard the business. One way of protecting the business is by purchasing salon insurance.

Salon insurance is a specialized commercial insurance that’s tailored to meet the needs of salons. Policies typically come with multiple coverages that can be customized.

What businesses in New Hampshire need barber shop insurance?

Most New Hampshire-based salons should consider barber shop insurance or a similar policy. This broadly includes barber shops, beauty salons, nail salons and similar businesses.

Given the customizable nature of salon policies, it’s essential to select a policy that aligns with your specific services. An insurance agent with expertise in salon policies can guide you through your options, including barber shop insurance, beauty salon insurance and nail salon insurance.

What coverages are available within salon policies?

While the specific coverages found in barber shop insurance and similar policies can vary, most offer a variety of standard and optional protections. Some commonly selected coverages include:

• Commercial Building Coverage: This may offer protection against damage to the salon’s physical building and any ancillary structures.
• Tenant’s Improvement Coverage: This may offer protection for any improvements made to a leased space that a salon uses.
• Contents Coverage: This may offer protection for equipment, supplies and inventory housed at the salon’s location.
• Business Interruption Coverage: This may offer compensation if a salon has to temporarily close due to a covered event.
• General Liability Coverage: This may offer coverage for third-party claims of bodily injury or property damage occurring on a salon’s property.
• Product Liability Coverage: This may offer coverage for claims related to injuries or damage caused by a salon’s products.
• Professional Liability Coverage: This may offer coverage for claims related to professional errors that have resulted in client injuries.

Other coverages are often available through barber shop insurance policies, nail salon policies and beauty salon policies. Salons can talk with a specialized agent about commercial umbrella coverage, cyber liability coverage and additional protections.

Does a salon’s liability coverage apply to independent contractors?

Professional liability coverage typically extends to the salon and its employees. In this context, employees are those who receive a W-2 at the end of the tax year.

The question of coverage for independent contractors working in the salon’s space is less straightforward. While there may be a few scenarios where a salon’s policy adequately covers them, it’s common for contractors not to be protected by their salon’s policy. Consequently, salons should generally encourage independent contractors to seek separate insurance for themselves.

A knowledgeable insurance agent can help review a salon’s policy to determine whether contractors are covered by the business’s insurance policy. 

How much are premiums for salon policies?

The cost of salon policies can significantly vary, as premiums are influenced by numerous factors. The salon’s location, range of services offered, employment and contractor structure, selected coverages, and past claim history are merely a few of the details that insurers usually check.

The easiest way to find out how much insuring a salon will cost is to obtain customized quotes with the assistance of an independent insurance agent. Independent agents aren’t with any single insurance company, so they can request and compare quotes from several insurers.

How can salons in New Hampshire get salon insurance policies?

For assistance with salon insurance, reach out to the independent insurance agents at Insurance24. Our New Hampshire-based agents will work closely with you to understand your unique coverage requirements, and then help you choose the best policy for your business.