Whether it’s a cut, colour or style (or all three in fact), a hairdresser will have a number of different prices depending on the treatment. Working out the cost of insurance for mobile hairdressing is quite similar in that it can depend on a number of different factors.
Training & experience
The length of time you’ve been working as a mobile hairdresser will have an impact on how much your insurance costs. If you’ve been operating for a number of years, you’ll be less of an unknown quantity and therefore less likely to make a claim. You’ll also find that having a professionally recognised accreditation or industry-related training can help keep your insurance premium down.
Have you claimed in the past?
Previous claims can affect the cost of your insurance and insurer believe you are more likely to make another claim in the future. If you have made previous claims, make sure you can give as much detail as possible about the claim to your insurer. You can also avoid having to make a claim my dealing with problems which are affordable. It may mean a dent in your profits, but it will benefit you in the long run.
Where, when & what
As the name suggests, a mobile hairdresser will travel about a bit. Your insurance costs will depend on where you travel to, what kind of services you offer and what kind of equipment you use. Remember, normal motor insurance will not cover you for vehicles you use for business.
Type & level of cover
As with anything, you get what you pay for. The greater level of cover you take out, the more you will pay.
If you have anyone working for you, you’re legally obliged to have employer’s liability, but other forms of liability are optional. However, public liability is highly advisable as it will protect your business should someone make a claim against you if they have suffered injury, illness or damage to their property.
Similarly, you may need to look into to taking out treatment risk insurance. Given the nature of your work, it’s possible that someone could make a claim against you if they feel their hair treatment has gone wrong or if they have suffered an allergic reaction to the products you use. Treatment risk often comes under the umbrella of professional liability cover and is in addition to public liability.
Indemnity limits will also affect the cost of your insurance. This is the maximum amount your insurer will pay out on any single claim. Limits are usually set at £1, £2 or £5 million and the higher the limit, the higher the premium.