As an owner of a Tanning Salon it is crucial that you carry a Tanning Salon Insurance Policy to protect yourself, your business and your clients.
As with many businesses, owning and operating a tanning salon has a potential for serious harm or injury. Although, owning a tanning salon is a great business not having the proper Tanning Salon Insurance can result in a catastrophe in the event of a loss or claim. Be sure as you shop around for coverage that you clearly understand the difference between general liability insurance and professional liability insurance coverages. It is important to carry both of these types of insurance. General liability insurance will protect your business in the event that bodily injury or property damage to others as a result of your business operations, you then becomes legally obligated to pay damages, unless you have an insurance company behind you to defend such suits. The proper Tanning Salon Insurance Policy will also cover damages to property or persons from a third party.
For example, if you owned a tanning salon and one of your clients fell and broke their leg while walking in the door this would be covered by the bodily injury liability insurance.
Professional liability insurance for tanning salons is designed to provide coverage to professionals for claims arising out of their professional activities or professional services provided to your clients. For example, one of your tanning salon clients is severely burned in one of your beds. This is directly related to your “profession” as a tanning salon operator and would fall under the professional liability insurance aspect of your insurance coverages.
People often call and ask the simple question:
How much does the average Tanning Salon Insurance Policy Cost?
This is obviously an impossible question to answer. Factors like like the following directly impact insurance costs: amount of property your business owns, where you are located, how many clients do you server weekly, do you have any past claims.
General liability insurance can be lumped together in an insurance package that may include your business property. These general liability plans will contain exclusions for professional liability claims. You can see why it is important to have all of these insurance coverages, general liability insurance, professional liability insurance and property insurance.
What coverages can a Tanning Salon Insurance Policy offer?
Bodily Injury Liability Insurance Coverage
May pay the affected person or firm for the cost of care, the loss of services and restitution for death that results from an injury.
Professional Liability Insurance Coverage
Insurance for coverage against law suits that your tanning salon in the event that you improperly advise a client and they get injured or burnt while tanning.
Property Damage Liability Insurance
In the event your business causes damage to, or causes the loss of use of someone else’s property, property damage coverage may pay for the value of the physical damage to the property; or the loss of use of that property.
Products and Completed Operations
A policy may provide coverage for your company’s completed products or services. If an injury occurs due to the use of your products or services provided, the policy would pay for the resulting damages and any legal expenses up to the policy limits.
Care, Custody & Control
If a patron leaves their property with you, you are responsible for it. If it is damages, stolen, or lost Care, Custody & Control coverage, or Property of Others coverage will protect you from claims that involve loss or damage of your clients’ belongings.
Crime Coverage & Employee Dishonesty
In the event that a patron’s property is stolen by a staff member, you will need to have crime coverage or an employee dishonesty bond to protect your business from the actions of your staff.
Contractual Liability
General Liability coverage extends to any liability you may assume by entering into a variety of different types of contracts such as a building lease between you and your landlord.
Medical Payments
If someone is injured by you or at your business site, the policy may pay for medical and funeral expenses incurred, up to policy limits, within one year of the accident. For example, if a customer tripped and fell on your premises and had to be hospitalized.
Personal Injury Insurance Coverage
Most General Liability policies provide coverage if your tanning salon operation is accused of:
- Publishing inaccurate information that slanders or libels a person or organization;
- Publishing material that violates a person’s right of privacy;
- Falsely arresting, detaining or imprisoning someone;
Maliciously prosecuting someone;- Wrongfully evicting someone.
- Advertising Injury Insurance
- Publishing inaccurate information that slanders or libels a person or organization;
- Publishing material that violates a person’s right of privacy;
- Copying some other company’s advertising ideas or style of doing business;
- Infringing on another company’s copyright, title or slogan.
Maliciously prosecuting someone;What should you look for and consider when shopping for Tanning Salon Insurance?
- Does your Tanning Salon Insurance Policy cover business interruption, property damage due to fire, employee claims for harassment or unlawful discharge, and a director and officer liability coverage? Make sure all your risks are covered adequately.
- Are the coverage limits going to be high enough, what will it cost you to rebuild your business in the event of a total loss?
- Are the exclusions on your insurance policy, if so what are they?
- Are there any holes in your insurance coverage? You must read your policies carefully to make sure the wording doesn’t exclude certain coverage. You can ask for extended coverage or a special form insurance policy, for anything that is excluded, but you have to ask for it.
