LucyLashBeauty
Member
I need some advice please. My beauty salon insurance is due for renewal soon please could you give me insurer recommendations. Many thanks
Insurance
- Thread starter LucyLashBeauty
- Start date
Help Support SalonGeek:
It depends how big you are. If you turn over more than £150k you should deal with a commercial broker. They shop around for you. You don’t go to more than one broker, you’re appointing a professional to work for you, just like appointing an accountant.
There are only a few companies that offer business insurance plus a few schemes that are offered through professional associations. Once you reach a certain size the professional association schemes aren’t flexible enough and you need a direct channel to the insurers. That’s what a commercial insurance broker does.
it’s pretty difficult to buy commercial insurance yourself, there are quite a few pitfalls with exclusions and small print so if you aren’t big enough for a broker, go to a professional body, not your car insurer!
There are only a few companies that offer business insurance plus a few schemes that are offered through professional associations. Once you reach a certain size the professional association schemes aren’t flexible enough and you need a direct channel to the insurers. That’s what a commercial insurance broker does.
it’s pretty difficult to buy commercial insurance yourself, there are quite a few pitfalls with exclusions and small print so if you aren’t big enough for a broker, go to a professional body, not your car insurer!
Orchardmakeup
Member
I am with ABT. They are pretty good, but you do have to pay extra for certain treatments
