As a barber, you take pride in offering high-quality services, making clients look and feel good. From booking to payment, your barber shop makes your clients’ lives as easy as possible. With this in mind, you may have neglected securing insurance. Barber shop insurance protects against the potentially devastating effects of various situations, such as slips and falls. These days, an ever-increasing number of insurance companies are giving up brick-and-mortar stores and doing business partially or entirely online. While surfing the Internet, you might have come across some offerings. You can buy a policy over the Internet; the process is as easy as shopping through an ecommerce platform. After you’ve decided that barber shop insurance is paramount, the next step is finding a policy.
Common situations that insurance would cover for a barber shop
You need insurance, just as any other hair stylist does. Barber shop insurance offers peace of mind through immediate protection if you incur unexpected losses. It covers a large number of situations, yet some circumstances enter into restrictions. Without further ado, barber shop insurance covers situations like these:
- A customer can trip and fall while getting up from a chair. The concussion that follows the injury can turn out to be severe. General liability insurance would cover medical care and help you avoid the financial pressure associated with this type of incident.
- One of your employees stumbles on supplies left on a stairway. The injuries would fall under workers’ compensation.
- Lighting strikes your barber shop and destroys the property. Your commercial property insurance would pay for the repairs.
Select your shopping method
There are several ways to obtain insurance coverage for your barber shop. For example, you could use an online comparison website. Comparison tools offer real-time, accurate quotes from leading insurers, so you can find the best rate. Comparing offers online ensures a stress-free shopping experience. Comparison websites don’t sell insurance products themselves; they just offer details and prices. With a simple click of the mouse, you can get to the insurance company’s website and buy a product. There’s no need to seek an agent or a broker. You simply enter your information.
Buy a barber shop insurance policy
Tempting as it may be to choose the cheapest option, it’s better to carefully read reviews and ratings for each insurer before you make a purchase. These are the factors you’ll want to consider before committing to buy insurance:
- What you need the policy to cover
- What exclusions the policy may have
- What specific situations the policy is designed to cover
Once you’ve decided on a company and a policy, you can pay all at once or in several installments. It’s crucial to note that you won’t see fees going up if you choose to pay for barber shop insurance by installment. If you pay in full, you may be offered a discount. The decision is up to the insurer. It’s recommended to start shopping for a new policy before the end of term. You may be eligible for new discounts or the insurance company may offer you a lower rate for the same coverage.
