Wigging Out: A Guide to Insurance for Hairdressing on Wigs

By Dean Laming on June 1st, 2023

If you’re a hairdresser who has found a passion for working with wigs, you’re already aware of the unique challenges that come with this territory. Not only are the techniques different, but the equipment and the materials you’re working with often come with their requirements and risks.

For instance, you’ve probably asked yourself at one point or another, “What about insurance? How does that work when I’m dealing primarily with wigs?” 

As with any other aspect of your business, understanding the specifics of affordable hairdresser insurance can mean the difference between professional peace of mind and an unwelcome surprise.

And whether you’re an experienced hairstylist looking to expand your skill set into wig styling or a newcomer eager to specialise, we aim to equip you with the information and confidence you need to navigate the insurance landscape effortlessly.

1. Hairdresser Insurance: The Wig-Specific Essentials

As a wig-focused hairdresser, your business involves much more than just cutting and styling natural hair. Wigs are increasing in popularity—you cater to clients dealing with hair loss or simply looking for a new look without committing to a permanent change in their appearance.

Therefore, you must have the appropriate insurance coverage to protect yourself and your clients.

Wig-specific insurance should cover various aspects of your business, including liability protection, inventory protection, custom wig design coverage, and salon add-ons such as colouring and styling services.

2. Coverage Overview: Wigs and Hair Enhancements

Knowing the specific risks involved when working with wigs and hair enhancements is essential. These can include damage or loss due to theft, fire or other unforeseen circumstances.

Your insurance policy should provide coverage for these scenarios so that you can operate confidently, knowing you are protected against potential financial losses.

3. Liability Protection for Wig Fittings and Maintenance

A crucial aspect of any comprehensive wig-focused insurance plan is liability protection, specifically for client fittings and maintenance sessions.

In the event of injury or dissatisfaction arising from poorly fitted or maintained wigs on customers’ heads, including this type of protection in your policy could save you from expensive legal fees.

4. Accounting for Custom Wig Design in Your Insurance Plan

Custom-designed wigs require unique skills and materials, which may increase risk exposure compared to ready-made options available at many salons and retailers today.

Accounting for this within an insurance plan tailored towards those specialising in custom creations becomes even more critical than ever.

5. Protecting Your Inventory: Insuring Wigs and Hair Supplies

Protecting your wig inventory and related hair supplies is essential whether you own a small boutique or large retail store. Your insurance policy should cover theft, damage, and loss that could occur in various scenarios—from break-ins to natural disasters.

6. The Importance of Business Interruption Cover for Wig Retailers

If your business experiences an interruption due to unforeseen circumstances (such as extreme weather conditions or a fire), including business interruption coverage in your insurance plan can help keep your finances stable.

This type of coverage compensates for lost income during any enforced closure period resulting from insurable events, providing peace of mind when operations temporarily cease and throughout recovery periods afterwards.

7. Salon Insurance Add-ons: Coverage for Wig Colouring and Styling Services

Depending on the range of services offered at your salon, additional coverage might be needed for things like wig colouring and styling treatments delivered daily by professionals.

By including these as add-ons within an existing policy framework, further assurances are obtained regarding operational safety regardless of what specific skillsets technicians utilise daily upon client’s requests made known upon arrival.

8. Choosing the Right Insurance Provider for Your Wig-focused Business

It’s crucial to find an insurance provider who understands the unique challenges faced by businesses specialising in wigs and hair enhancements—which often includes careful comparisons between insurance companies.

At Salon Saver, we’re committed to shining light on the specifics of reliable hairdressing insurance and the potential financial risks of not having the proper protection.

When you reach out to us, don’t be afraid to ask questions openly about anything unclear. We make the application process easy for you. And knowing all details upfront helps give you peace of mind and confidence in choosing us as your trusted insurance provider.

9. Calculating the Cost of Insurance for Your Hairdressing and Wig Services

Various factors can impact the cost of your insurance policy, such as the size and location of your business, the number of employees on staff, and the specific services offered.

Be sure to provide accurate and up-to-date information when setting up your insurance policy—this ensures an accurate representation of what coverage options may be available alongside associated costs per individual plan instance.

10. Staying Compliant: Understanding Legal Requirements for Wig Retailers and Stylists

Each state or country typically has its legal requirements for businesses operating within this particular niche market; therefore, staying compliant proves essential moving forward if wishing to avoid costly fines plus other penalties imposed by relevant authorities found throughout different geographical regions.

Choose Salon Saver

Salon Saver offers a new wave of salon insurance that excludes nobody from achieving their ambitions. Our policies are strictly no-fuss, and provide all the core covers you need to keep your wig-focused business safe. We aim to bring low-cost core protection to those who know what they need and don’t want to pay for more than necessary. Invest in protecting your passion by ensuring you have tailored insurance coverage in place for every aspect of your hairdressing and wig services!

Dean Laming

Dean Laming is a Chartered Insurance Broker with more than 25 years insurance experience. Through various underwriting, operational and management roles, Dean has built up extensive knowledge of the hair and beauty sector and is now Managing Director of Salon Saver, part of the wider Henry Seymour Group.

All articles by Dean Laming

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