In this blog we will discuss Workers’ Comp for Beauty Salon. We know how hard businessowners work to build and open the business of their dreams. It takes a long time to find a place, talented stylists to attract loyal clients. When all is ready for the business to open, the most important step is to protect what you have built. Therefore, as a businessowner, you want to have the correct business insurance to protect the business and Workers’ Compensation Insurance for your employees.
Accidents at work can happen any time. Therefore, if your employee sustains a work-related illness or injury, your salon needs to have the right amount of coverage.
What covers Workers’ Comp for Beauty Salon?
It is mandatory in California to have a Worker’s Compensation Insurance, even with only one employee. Moreover, this insurance generally helps to protect the financial hardships of an employee’s any medical expenses and lost wages. Also, Workers’ Compensation covers employee’s disability expenses and lost wages. The rehabilitation is another protection of this insurance, if it is related to illnesses caused by the work or it’s environment. Moreover, this insurance coverage, provides your business with immunity in the event of a lawsuit for the injury or illness in question.
There are more coverages to consider in addition to Workers’ Compensation for Beauty Salon. Here are different types of coverages for Beauty Salon or any small business can have:
Business Property Insurance:
Business Property Insurance helps protect the building where you run your hair salon as well as any equipment or tools you use such as hair hot tools, furniture, computers, and more. Also, it is important to have this insurance policy, to protect your investment from certain events, such as fire, smoke and water damage, tenant vandalism and unpredicted liability claims.
Professional Liability Insurance:
This coverage is an important to protect your salon in the event that a lawsuit is filed against your business. For example, if a customer or an employee alleges, he or she became injured while visiting your salon, this policy can help to cover legal fees.
Employment Practices Liability Insurance (EPLI):
Employment Practices Liability insurance protects employers against allegations of discrimination. Also, it protects from wrongful termination, harassment, and other employment-related claims made by past, present and potential employees.
To receive a quote for any coverage, simply click on the links.