FAQ_category: (HIDDEN) Industry FAQs

Hair salon insurance is not always legally required but may be mandatory in certain cases: 

• Workers’ compensation is required by law in most states if you have employees. 

• General liability and professional liability may be required by landlords, lenders, or state licensing boards. 

Going without coverage can leave your business exposed to lawsuits or fines.  

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. 

At Gild, we recommend every hair salon owner protects their business with: 

• General Liability Insurance to cover client injuries and accidental property damage. 

• Professional Liability Insurance  for claims tied to beauty services like hair treatments or chemical applications. 

• Commercial Property Insurance to protect your space, equipment, and tools from theft, fire, or vandalism. 

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

• Business Interruption Coverage to help with lost income during unexpected closures. 

Gild can help you pick a policy that fits your shop’s size, services and set-up with no guesswork required. 

Yes! If you’re teaching outside of a studio, you’ll need: 

• Your own general and professional liability coverage. 

• Coverage that applies to multiple locations, including private homes and corporate offices. 

• Documentation to meet venue or client requirements. 

Studio policies typically don’t extend to independent contractors. 

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.