Permanent Cosmetics And Microblading Insurance Oklahoma Policy Information
Permanent Cosmetics And Microblading Insurance Oklahoma. Permanent cosmetics and microblading are two of the biggest trends in the beauty industry. They allow individuals to look and feel their best, boosting their self-confidence and instill a sense of pride that they may otherwise lack. If you provide these services, there's no doubt that you are providing your clients with definite benefits.
However, as is the case with any OK business operation, there are definite risks associated with operating permanent makeup business. Despite your best efforts, there is a chance that a mistake could occur, or that someone will be unhappy with their results. Lawsuits seem to be so commonplace in today's society, which is why it's so important to protect yourself with the right permanent cosmetics and microblading insurance Oklahoma.
Permanent cosmetics and microblading insurance Oklahoma protects your permanent makeup business from lawsuits with rates as low as $37/mo. Get a fast quote and your certificate of insurance now.
What Types Of Insurance Do Permanent Makeup Professionals Need?
Like any OK business, there are certain types of insurance coverages that you should automatically carry if you are in the permanent cosmetics and microblading industry; however, given the sensitive nature of your profession, there are additional types of insurance that you should consider carrying, as well. Examples of insurance coverages that professionals in this industry should invest in include:
General Liability: In the event that a third-party becomes injured on your property and you are responsible for the injury, you will be held liable for paying for the cost of medical care. The most commonly reported injuries are due to slip-and-fall accidents. With general liability insurance, the cost of medical care will be covered so that you don't have to pay for it out of your own pocket. Should the injured third party file a lawsuit against you in OK for his or her injuries, this insurance will also help to cover any legal fees and compensation that may be awarded.
This is also the type of commercial insurance most OK landlords will require you to have and produce a certificate of insurance to prove it.
Professional Liability: Also know as errors and omissions (E&O), professional liability covers malpractice, if a permanent cosmetics professional injures a client, or does work that this is substandard. Given the permanence of this type of makeup, and it is often on a person's face, lawsuits for poor work are fairly common.
Commercial Property: If the building that you operate your business out of become damaged in a fire or storm, or if property or expensive equipment in your building is stolen or damaged - business property insurance will help to pay for the cost of repairing or replacing the property; for instance, if a tree falls on the roof of your business, commercial property insurance will help to pay for the repairs.
Workers Compensation: If you have employees you should have in workers comp. In most states you will be legally required to carry this type of coverage; however, even if your business is in an area that doesn't require workers' comp, you should still invest in it. If an employee suffers an on-the-job injury or illness, this insurance will pay for any necessary medical care, as well as lost wages, and rehabilitation, among other things.
It's important to note that most insurers want to see a certificate of training including the amount of hours of instruction to qualify for a Permanent cosmetics and microblading insurance Oklahoma policy. They might also ask to see your client consent and/or aftercare forms.
What Types Of Services Are Covered?
Below are some of the most common permanent cosmetics and microblading insurance Oklahoma services that can be covered:
- Bald Spot Repigmentation
- Beautician/Cosmetology Services
- Beauty Marks
- Combo policies for locations with salons, spas & boutiques
- Eyebrows (including microblading)
- Lips & lipliner
- Needling & Collagen Induction Therapy
- Pigment Removal/Lightening
- Scar camouflage
How Much Does Permanent Cosmetics And Microblading Insurance Cost?
Similar to insurance for tattoo artists, there are several factors that will be taken into consideration when determining the cost of your permanent makeup insurance coverage. The size of your business, the number of clients you serve, and the amount of employees that work for you are just some of the factors that will affect the cost of your insurance.
It's in your best interest to speak to a reputable insurance broker that specializes in microblading insurance to find out exactly what type of coverage you should carry, how much you should carry, and what it will cost.
Oklahoma Microblading And Permanent Makeup Risks & Exposures
Professional liability exposure (also known as errors and omissions insurance (E&O) can be high. Training and experience of the permanent cosmetics professional, use of tips, tubes and needles, sterilization of equipment, and overall cleanliness/sanitary conditions of the premises are the primary concerns. Lack of appropriate sanitation can result in the spread of blood-borne pathogens such as hepatitis, HIV, and AIDS, as well as potential allergic reactions to inks. Since the makeup can often require a period of healing, customers should be provided with information regarding follow-up care.
Premises liability exposure is moderate due to public access to the premises. Customer service areas must be neat, clean, orderly, and well maintained. Privacy must be maintained for the individuals being tattooed. Exits must be sufficient in number, well marked, and with backup lighting in case of power failure. One unique exposure is the presence of biohazards in the form of used needles and pigments since regulations require disposable needles, tips and tubes.
Parking lots and sidewalks need to be in good repair with snow and ice removed, level and free of exposure to slips and falls. Courts may deem the security of visitors in parking areas as the responsibility of the owner or operator of the premises. Factors affecting the risks include exterior lighting, fencing, and any other security measures in place.
Property exposure consists of a small office and the customer service area. Ignition sources include electrical wiring, heating, and air conditioning equipment. If the tattoo parlor is in a converted dwelling, wiring should be up to code and adequate for the occupancy. Age and condition of the equipment are important as fires may result from poor wiring, overheating, and poor maintenance. The pigments and dyes used for cosmetics are nonflammable and nontoxic.
Workers compensation exposure is primarily from working around blood. Permanent makeup artists can come into contact with contaminated bodily fluids and the potential for blood-borne diseases, burn themselves on equipment, or accidentally puncture themselves while handling needles. The artist must often work in awkward positions to place some of the makeup, resulting in neck, arm, and back strains. Because customers may become unruly, employees should be trained in how to deal with them and have access to emergency numbers in case of problems.
Crime exposures are generally limited to theft of money by employees and others if large amounts of cash are on hand. Background checks should be conducted on all employees handling money. Appropriate cash management measures should be in place.
Inland marine exposures include accounts receivable if credit is offered to customers, computers, and valuable papers and records for customers' and suppliers' information. If permanent cosmetics professionals travel to the client's premises to perform services, there may be goods off premises or in transit.
There is also theft and damage exposure to the expensive permanent makeup machines and other equipment.
Commercial auto exposure is generally limited to hired and non-owned liability. If the permanent makeup artist travels to client locations, drivers should have an appropriate license and an acceptable MVR. All vehicles must be well maintained, with documentation kept in a central location.
Environmental exposure is low due to the type of pigments and dyes used. Disposal of tips, tubes and needles must meet all regulatory requirements since they are a biohazard.
Choosing The Right Permanent Cosmetics And Microblading Insurance Policy
Permanent cosmetics and microblading insurance Oklahoma is one of the most important investment you can make for your permanent makeup business. In the event that an incident does occur, it can prevent you from having to pay out of pocket for medical care, repairing or replacing damaged or lost property, and expensive legal proceedings that may arise.
Oklahoma Economic Data, Regulations And Limits On Commercial Insurance
As an entrepreneur, you know that the location of your operation is as important as the products and services you offer. After all, if you want your company to flourish, the location where you set up shop needs to offer favorable conditions.
Whether you're thinking about starting a business in Oklahoma or you're planning on expanding an existing operation by establishing a branch in the state, it's crucial that you have an understanding of the economic trends and commercial insurance policies that you're required to carry in the Sooner State.
The economic trends provide powerful insight about the success of other companies that are already established in a state, and that information can be applied to a prospective operation.
Knowing what commercial insurance policies are required is also important so that you can ensure you are properly protected and that you are operating within compliance of the law. Below, we provide an overview of both of these crucial factors for entrepreneurs who are considering Oklahoma for their operations.
Economic Trends For Business Owners In Oklahoma
When assessing the economy of a state, the employment rate is a vital statistic. This data indicates whether or not there are ample job opportunities available for residents, which is a direct reflection of the success of businesses that are already established in the state.
In December of 2019, the Bureau of Labor Statistics reported that the unemployment rate in the state of Oklahoma was 3.4%; 0.1% lower than the national average. This indicates a healthy economy.
Businesses of varying sizes and in numerous industries are either headquartered or have branches in Oklahoma. The top industries in OK include:
- Aviation and Aerospace
- Business services
- Health care
- Transportation and logistics
If you are considering opening a business in any of the above-mentioned sectors, you should see ample opportunities for success in Oklahoma.
The best locations to start a business in OK include:
- Elk City
- Pryor Creek
These regions and the areas that surround them are home to numerous businesses, offer easy access to national markets, and provide a healthy and diverse workforce.
Commercial Insurance Requirements In Oklahoma
The Oklahoma Insurance Department regulates insurance in OK. Oklahoma mandates very few forms of insurance coverage by law. They enforce worker's compensation.
Oklahoma requires you to have worker's compensation insurance if you hire even one employee on a regular basis with some exceptions. This includes part-time employees, family members, minors, and immigrant employees. It is not required for independent contractors or domestic employees, though you should check to make sure any contractors you have are true contractors, and not employees.
Oklahoma also requires all business-owned vehicles to be covered by commercial auto insurance. Other types of business insurance that business owners should carry depend on the specific industry.
Additional Resources For Health & Beauty Insurance
Learn about small business health and beauty insurance coverages that help protect tattoo artists, salons, spas, estheticians, cosmetologists, barbers, hairdressers, nail salons and more from legal liability.
- Barber Hair Dresser
- Beauty Salon
- Day Spa
- Diet Nutrition Services
- Massage Therapy
- Medical Spa
- Nail Salon
- Permanent Cosmetics And Microblading
- Personal Trainer
- Tanning Salon
- Weight Loss Center
The health and beauty industries help people look good and feel great about their appearance and health. Some of the most popular are:
Cosmetologists - typically can help people with hair styling, cosmetics, and manicures and pedicures.
Estheticians - are trained to work with clients to treat skin care issues.
Hair Dressers & Barbers - offer a variety of services such as; hair cuts, styling, perms, hair dying and highlighting.
Health Club - Gyms, fitness centers, and health clubs focus on promoting healthy lifestyles and active living.
Massage Therapy, Reiki & amp; Acupuncture - can help relieve stress and improve your clients health. Work can be done in a salon, medical office, or home based. Also in your client's homes.
Permanent Makeup & Microblading - Offers coverage for permanent cosmetics, pigment removal and lightening, lasers/IPLs, and needling/MCA.
Salons - Similar to spas, salons are offer customers beauty treatments, services and products.
Spas - Have more exposures for the risks of faulty equipment, products, or unskilled employees that can injure customers.
Tattoo - Tattoo parlor and body-piercing coverage is designed to address the specific risks of artists and their studio.
Yoga & Pilates - forms of exercise designed to improve mind, body and spiritual wellness.
Minimum recommended small business insurance coverage: Business Personal Property, Business Income with Extra Expense, Employee Dishonesty, Valuable Papers and Records, General Liability, Professional Liability, Umbrella Liability, Hired and Non-owned Auto Liability & Workers Compensation.
Other commercial insurance policies to consider: Building, Earthquake, Flood, Leasehold Interest, Real Property Legal Liability, Accounts Receivables, Bailees Customers, Fine Arts, Cyber Liability, Employment-related Practices, Environmental Impairment, Liquor Liability, Business Automobile Liability and Physical Damage, Garagekeepers and Stop Gap Liability.
Request a free Permanent Cosmetics And Microblading Insurance Oklahoma quote in Ada, Altus, Alva, Anadarko, Ardmore, Bartlesville, Bethany, Bixby, Blackwell, Blanchard, Bristow, Broken Arrow, Broken Bow, Catoosa, Chickasha, Choctaw, Claremore, Clinton, Collinsville, Coweta, Cushing, Del City, Dewey, Duncan, Durant, Edmond, El Reno, Elk City, Enid, Fort Gibson, Frederick, Glenpool, Grove, Guthrie, Guymon, Harrah, Heavener, Henryetta, Holdenville, Hominy, Hugo, Idabel, Jenks, Kingfisher, Lawton, Lone Grove, Madill, Marlow, McAlester, McLoud, Miami, Midwest City, Moore, Muldrow, Muskogee, Mustang, Newcastle, Nichols Hills, Noble, Norman, Nowata, Oklahoma City, Okmulgee, Owasso, Park Hill, Pauls Valley, Pawhuska and Hobart, Perry, Piedmont, Pocola, Ponca City, Poteau, Pryor Creek, Purcell, Roland, Sallisaw, Sand Springs, Sapulpa, Sayre, Seminole, Shawnee, Skiatook, Slaughterville, Spencer, Stillwater, Stilwell, Sulphur, Tahlequah, Tecumseh, The Village, Tulsa, Tuttle, Verdigris, Vinita, Wagoner, Warr Acres, Weatherford, Wewoka, Woodward, Yukon and all other cities near me in OK - The Sooner State State.
Also find Oklahoma insurance agents & brokers and learn about Oklahoma small business insurance requirements for general liability, business property, commercial auto & workers compensation including OK business insurance costs. Call us (405) 200-1351.