3 Reasons Your Beauty Salon Needs Commercial Insurance

If you own a beauty salon in Goldsboro, NC, your business may benefit from commercial insurance. Beauty salons, just like other businesses, need to be protected from losses. Wayne Realty & Insurance Co., Inc. can help you find the right insurance coverage for your beauty salon.

The following are some insurance options we offer:

Business Interruption Insurance

This insurance covers financial loss due to business interruption caused by covered risks. In case of a disaster such as a fire, your beauty salon may not be able to continue its operations. You will, therefore, be unable to pay your employees. Business interruption insurance helps you cover such expense by paying you the actual loss of income while your beauty salon is being repaired or rebuilt.

Professional Liability Insurance

With beauty products, many things can go wrong. You may accidentally use the wrong product on a client or use chemicals that are too harsh. The most obvious way to deal with that would be to try and correct your mistakes. However, some clients may proceed to sue your business for negligence. Professional liability insurance pays for legal fees that are caused by professional errors.

Business Property Insurance

It is a good idea to keep your business property covered. Business property insurance protects the physical assets of your beauty salon against risks such as fires, theft, vandalism, and storms. It is one of the most important business insurance options. The insured property may include your business inventory, computers, furniture, fences, outside signs, and business equipment.

At Wayne Realty & Insurance Co., Inc. in Goldsboro, NC, we offer commercial insurance policies among a variety of coverage options. Visit our office to discuss a quote or contact us at 919-735-1341.