- Professional liability insurance
Professional liability insurance, also called errors and omissions insurance, protects small businesses against the costs of client lawsuits over unsatisfactory work.
Protect against work mistakes with professional liability insurance
Whether it’s an ineffective skin treatment at a medical spa or a bad haircut at a barbershop, a simple error could have major consequences. Professional liability insurance, also called malpractice insurance for medical spas, can help your business survive a lawsuit.
This policy provides liability coverage related to:
- Work mistakes and oversights
- Accusations of negligence
- Undelivered services
Bundle policies for a discount
Nail technicians, estheticians, and other personal care specialists may be able to bundle professional liability insurance with a general liability insurance policy or a business owner’s policy to receive a discount on their premium. Talk to a licensed Insureon agent to find out more.
What coverage can professional liability insurance provide for personal care businesses?
Work mistakes and oversights
Even if you’re innocent, a lawsuit alleging a professional mistake can lead to an expensive court battle. A client could take a hairstylist to court over using the wrong shade of hair dye before her wedding, or sue a permanent makeup artist for a small imperfection. Professional liability insurance helps cover legal fees related to work mistakes. That includes:
- Attorney’s fees
- Court costs
- Settlements or judgments
Accusations of negligence
If a massage client claims your shiatsu treatment caused injury, or a customer develops an infection after a manicure, you could face an accusation of negligence. When the quality of your work is questioned, professional liability insurance can help pay for lawsuits, including the cost of hiring an attorney.
If a mistake in scheduling causes you to miss an appointment, a client could take you to court over undelivered services. If you face a lawsuit related to a failure to deliver microblading, massage therapy, or another service, your professional liability insurance policy can help pay for the legal expenses, including a court-ordered judgment or settlement.
Other important policies for personal care professionals to consider
While professional liability insurance guards against work mistakes, it does not offer complete protection. A fire at your salon or a customer injury from a fall could devastate your business. Insurance policies that benefit personal care, beauty, and cosmetology businesses include:
Workers’ compensation insurance: Required in almost every state for personal care businesses that have employees, workers’ comp can cover medical costs for work injuries.
Business owner’s policy: This policy combines general liability insurance with commercial property insurance, typically at a lower rate than if the policies were purchased separately.
Get free quotes and compare policies with Insureon
Are you ready to safeguard your day spa, hair salon, or other personal care business with professional liability insurance? Complete Insureon’s easy online application today. Once you find the right policy, you can begin coverage in less than 24 hours.