FAQ_category: (HIDDEN) Industry FAQs

Yes, insurance is a must-have. No matter what your size, location of set-up, insurance protects you from unexpected risks. Some of these risks include: 

• Client reactions 

• Equipment damage 

• Slip-and-fall accidents 

Gild Insurance offers straight forward coverage that supports your business and keeps you moving. 

Insurance helps protect your beauty salon from the unexpected: 

• Prevents financial loss from accidents, injuries, or property damage. 

• Helps comply with local laws, especially if you have employees (workers’ comp is often required). 

• Covers risks linked to beauty services, like skin reactions or damage to a client’s hair or nails. 

• Protects your assets, including expensive equipment and supplies. 

• Keeps you operational, even after unexpected closures or lawsuits. 

On average, Gilders pay between $500-$1200 a year for protection.   

Cost can vary depending on your: 

• Location 

• Size 

• Value of Equipment and Tools 

Gild will work with you to find the right tailored coverage that fits your budget and your needs. 

To stay protected, most beauty salons should carry: 

• General Liability Insurance for client injuries and property damage. 

• Professional Liability Insurance  for claims tied to services, like allergic reactions or treatment mistakes. 

• Commercial Property Insurance to cover equipment, furniture, and supplies. 

• Workers’ Compensation Insurance if you have employees, which covers workplace injuries. 

• Business Interruption Coverage can help replace lost income if your salon is forced to close after a covered event. 

General liability insurance helps protect your beauty salon from common everyday risks: 

• Covers client injuries, like slip-and-fall accidents inside your salon. 

• Helps with property damage claims if you accidentally damage a client’s belongings. 

• Can cover legal costs and medical payments if a customer sues after an accident.