What is the cost of Hair & Beauty Public Liability Insurance?

By Darragh Timlin on January 17th, 2023

You can easily to work out most of your business costs. You know how much it costs to rent your salon, and you know how much your equipment and stock costs. Working out how much your hair and beauty public liability insurance policy will cost is not so easy because the cost depends on a wide range of factors.

How much your public liability insurance will cost is based on whether your public liability insurer thinks that it will have to pay a claim. It also depends on your insurer’s assessment of the likely value of any claim that you might need to make. The main factors that are taken into account are:

  • How much experience you have and your track record
  • What you are doing
  • How much you are doing
  • The cover you require

How much experience you have and your track record

Freelance hair and beauty public liability insurers base their premiums on how experienced you are in the same way that a new driver will pay a different premium than someone who has been driving for a number of years. They will also base their premiums on whether you have any qualifications and you will pay less if you are fully qualified in the same way that someone who has passed their test will pay less than someone who is still on a provisional licence.

Although it isn’t guaranteed that you won’t need to make a claim if you have several years of experience, the chance of a claim is lower. Similarly, someone who has undertaken formal training is less likely to have to make a claim.

If you have been in business for a while, your previous claims history will be used when the insurer determines your insurance premium. In the short term, taking safety measures may seem expensive, but in the long term the cost of taking safety measures can be more than repaid in the cost of your insurance because they reduce the chance you having to claim and, as such, keep your future insurance premiums down.

What you are doing

There is more risk with certain hair and beauty services than there is in others. A hairdresser is less likely to injure someone than someone who is performing quasi-medical procedures is. Similarly, if your clients are members of the general public rather than rock stars and supermodels, any claim that is made against you is likely to be less expensive to settle.

This doesn’t mean that you should necessarily turn down the top-end work. But if you do take on this type of work you will need to consider the additional insurance cost and factor it into your pricing.

How much you are doing

How many clients you have will affect the chance of a mistake occurring. If you deal with 10% more clients the chance of a claim occurring will be 10% higher so you will be paying 10% more to reflect this additional risk.

Public liability insurance is usually based on the annual turnover of your business.

The cover you require

A standard public liability insurance policy will not include treatment risk cover. Hair and beauty public liability insurance policies should include this policy extension, but as a result the insurance will cost more. You should not try to cut costs by buying a policy without this treatment risk cover because if you don’t have it, many claims could be uninsured.

You should also think about the indemnity limit that you need. The standard public liability indemnity limit is £1,000,000. Although this sounds like a lot of money, public liability claims are often expensive to settle. For a small additional premium, you can increase the limit to £2,000,000 or £5,000,000. If there is a serious incident the small additional premium might end up being a worthwhile investment.

Related links

Beauty insurance uk
Beauty therapy insurance UK
Explaining beauty insurance
Legal requirements for a beauty salon
Self taught makeup artist insurance
Public liability insurance for hair stylists
Mobile hairdressing insurance quote
Salon public liability insurance
Why mobile hairdresser needs insurance
Mobile beauty therapist cover

Darragh Timlin

With over 25 years’ experience, Darragh is an expert in all things insurance. Starting his career in commercial property underwriting, Darragh has worked for a number of global insurers and is now Managing Director of Salon Saver, part of the wider Henry Seymour Group.

All articles by Darragh Timlin

Our Reviews

4.9 / 5 Based on 6278 Reviews*

All very quick and easy

Reviewed 1 week ago

Highly recommend by a beauty therapist of mine!!

Reviewed 1 week ago

Easy site to use and very competitive cost. Thank You

Reviewed 2 weeks ago
Leave a review
This website is intended for customers based in the UK and is therefore subject to the UK regulatory regime(s). © Copyright 2024 Salon Saver | Salon Saver and Henry Seymour & Co. are trading names of Barkdene Limited which is authorised and regulated by the Financial Conduct Authority (FRN 303965) for our insurance distribution and credit broking activities. Barkdene Limited is a credit broker not a lender. You can check this on the Financial Services register. Registered in England No 1842617. Registered Office – Chancery House, St Nicholas Way, Sutton, Surrey, SM1 1JB. All rights reserved.
*Reviews taken from our sister site Salon Gold
Redirecting you to Salon Gold, our sister website for salons, hair and beauty professionals.