Best Beautician Insurance Companies of 2022 | Business Insurance

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NACAMS ASCP the hartford next Beauty and Bodywork three insurance
I am better A+ A- A+ A- A+ A++
complaints much less than expected less than expected much less than expected much less than expected much less than expected More than expected
property insurance Nope Yes Yes Yes Limited Yes
Purchase online Yes Yes Yes Yes Yes Nope
billing options Monthly Quarterly 10 monthly payments Monthly with two advance payments Annually Monthly
Aggregate limits $3 million $6 million It varies It varies $3 million $10 million
Occurrence/Claims made Idea Idea Both Both Claims made Claims made

Occurrence form policies are preferred because they offer more protection. If a client filed a lawsuit against him after his policy expired, he would not be covered by a claims made policy, even if the incident occurred while he had insurance coverage.


Frequent questions


What is the best esthetician insurance?

The best esthetician insurance for you will depend on your coverage needs. A good policy will include professional and general liability insurance, but you may also need additional coverage, such as business auto or business personal property coverage. When choosing an insurance company, make sure they offer you the coverage you need.

All things being equal, you should choose an occurrence form policy over a claims policy, as a claims policy can leave you vulnerable to lawsuits filed after your policy expires. But if you have budget concerns or need coverages that occurrence form companies don’t offer, you can ultimately select a claims policy.

The best esthetician insurance for you will also depend on where you work and whether you have employees. Some policies follow you wherever you work, while others require a permanent business location. And if you have employees, you may want to choose a company that offers workers’ compensation insurance.


What type of insurance does an esthetician need?

General and professional liability insurance is essential for estheticians. If you own or rent equipment to provide your services, you’ll also want business personal property coverage. If you drive your clients, you’ll need business auto coverage. And if you have employees, you likely need workers’ compensation insurance. Business income insurance is also valuable to have: It covers loss of income if you need to go out of business for a covered reason, but it’s not absolutely necessary.


What is liability coverage?

Liability coverage helps cover legal fees and judgments against you as a result of a client lawsuit. Estheticians need two types of liability coverage: general liability and professional liability. General liability insurance covers claims related to bodily injury or property damage that arise when you perform your services. If a client slipped and fell at your workplace because his floor was wet, his medical bills would be covered.

Professional liability insurance helps cover damages and legal fees associated with lawsuits related to negligence, misrepresentation, personal injury, or incorrect advice. So if a customer has an allergic reaction to a product you recommended and sues you for a related financial loss, your professional liability insurance would cover it.


How We Chose the Best Beautician Insurance Companies

To determine the best esthetician insurance companies, we collected 20 data points on the top esthetician insurance companies by premium. These data points include:

  • financial strength
  • Cost
  • Types of policies and characteristics
  • exclusions
  • consumer complaints
  • online tools
  • billing options
  • Coverage limits

We gave preference to companies with the highest AM Best ratings, a low rate of customer complaints, and those that offer coverage based on the date of the incident rather than when the claim was made. Companies with high aggregate coverage limits, monthly billing, low premiums, online shopping options, and those that offer property coverage saw ratings increases. To rank the companies we research, we apply the following weights to each customer-centric category:

  • Types of coverage and characteristics: 40%
  • Financial stability: 20%
  • Consumer complaints: 25%
  • Online purchase: 10%
  • Billing Options: 5%

We dug deeper into the details of products and companies to determine which companies were best for which types of consumers. Using this research, we determine which companies offer the best esthetician insurance.

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