How much does nail salon insurance cost?

Beauty professionals like nail technicians pay an average of $48 per month, or $579 per year, for general liability insurance.

General liability insurance covers legal fees related to common third-party lawsuits from clients, including those related to customer bodily injury, damage to a client's property, and advertising injury.

A general liability policy often includes product liability insurance, which can help protect your nailcare business in the event a customer is harmed by one of your products, such as an allergic reaction to a cuticle oil or nail polish.

This is the average general liability insurance policy for nail tech professionals who buy from Insureon:

Insurance premium: $48 per month
Policy limits: $1 million per occurrence; $2 million annual aggregate

The cost of general liability insurance depends on several factors, such as the coverage limits you choose, the size of your business, the amount of foot traffic you have, and any endorsements you may add, such as an additional insured.

Learn more about how your insurance premium is calculated and how to save money on your general liability coverage.

Nail salon business owners pay an average of $91 per month, or $1,086 per year, for a business owner’s policy.

A business owner's policy, or BOP, bundles general liability coverage with commercial property insurance to cover both third-party risks and your business property. It typically costs less than purchasing each policy separately.

A BOP protects against customer injuries, as well as property damage and vandalism to your nail tech equipment and inventory at your fixed business location. Because of its increased coverage and affordability, it’s the policy most often recommended by Insureon’s agents.

This is the average BOP for nail salons that buy from Insureon:

Insurance premium: $91 per month
Policy limits: $1 million per occurrence; $2 million aggregate
Deductible: $1,000

Small, low-risk nail salons are often eligible for a business owner's policy.

Nail salon owners may see higher costs if they choose to add endorsements to their policy. Insurance endorsements, such as business interruption insurance or equipment breakdown coverage, are often recommended to help avoid financial losses if a fire or power outage forces your business operations to cease for an extended period of time.

The cost of a business owner's policy is based on a number of factors, including the value of your property, where you are located, your business income, the number of employees you have, and your specialty.

Nail techs pay an average of $47 per month, or $567 annually, for professional liability insurance, which is often referred to as errors and omissions insurance or malpractice insurance.

Professional liability insurance coverage provides financial protection against liability claims of professional negligence, which includes failure to deliver promised results or a mistake, such as recommending the wrong type of nail treatment to a client.

This is the average professional liability insurance for nail salons that buy from Insureon:

Insurance premium: $47 per month
Policy limits: $1 million per occurrence; $1 million aggregate
Deductible: $500

The cost of professional liability insurance depends on factors such as the coverage limits you choose, the size of your business, your claims history, and the type of work you do.

Learn more about how your insurance premium is calculated and how to save money on your professional liability coverage.

For nailcare businesses, workers’ compensation insurance costs an average of $55 per month, or $655 per year.

This business insurance coverage helps pay for medical expenses if an employee suffers a work-related injury. It also provides disability benefits while they're recovering and unable to work.

To comply with your state’s requirements and avoid penalties, nail salons typically must purchase this coverage for their technicians. It's also recommended for sole proprietors, as health insurance plans can deny claims for medical bills when an injury or illness is related to your job.

Most policies include employer's liability insurance, which covers the cost of lawsuits related to employee injuries. There's usually no limit to how much a workers' comp policy can pay for employee benefits, though it depends on state laws.

The cost of workers' compensation insurance depends on several factors, including the number of employees you have and the level of risk involved with their jobs.

You can save money on your workers' comp coverage by classifying your workers correctly and implementing a risk management plan to minimize employee injuries.

Nail technicians and other small business owners typically have a monthly payment of $145, or $1,740 annually, for cyber insurance. You might also see this policy called cyber liability insurance or cybersecurity insurance.

Cyber insurance helps small businesses recover financially after a data breach or cyberattack. It can help pay for customer notification costs, fraud monitoring services, and other expenses necessitated by state data breach laws.

The cost of cyber insurance depends on the amount of personal information handled by your nailcare business, such as customer credit card numbers, along with the number of employees who can access that information.

Small businesses, including nail salons, pay an average of $147 per month for commercial auto insurance, or $1,762 annually.

Most states require this coverage for vehicles owned by a nailcare business. For personal, rented, and leased vehicles used by your business, look to hired and non-owned auto insurance (HNOA) instead.

A commercial auto policy covers claims involving your business vehicle. It can help pay for property damage, medical costs, and legal defense.

The cost of commercial auto insurance depends on several factors, including the policy limits you choose, coverage options, the value of the vehicles, additional insureds, exclusions, and the driving records of anyone permitted to drive.

Learn more about how to find affordable commercial auto insurance coverage.