Abram Interstate Insurance Services, Inc., CMGA

Helping Independent Insurance Agents Since 1996

Nail Salons

Underwriting Summary

  • At least 75% of gross annual sales must be derived from nail services.
  • Up to $5 million Total Insured Values (Building and Business Personal Property) at each location.
  • Up to $5 million Annual Sales at each location/ $15 million Total Annual Sales.
  • Table, tools and equipment must be sterilized after each use.
  • Less than six locations.
  • Revenue generated by transactional websites must be less than 50% of the total revenues.
  • For both tenants and building owners, the plumbing, HVAC, wiring, and roof should have been updated in the past 30 years.
  • Business Income and Extra Expense coverage is included for Business Pac. Coverage applies on an Actual Loss Sustained basis for up to 12 consecutive months.
  • General Liability premiums are based on sales. Sales means the gross amount of money charged by the insured, the concessionaires of the insured or by others trading under the insured’s name for: goods or products sold or distributed, operations performed including parts and labor, commissions and fees for services, provided, rentals, and dues and fees.
  • No mixing, blending, repackaging, re-labeling, or sale of products under the insured’s label.
  • None of the following are permitted: Tanning Services (including tanning beds and spray on applications), Physical Fitness classes or counseling, weight reduction counseling, cosmetic surgery (including application or permanent make up), electrolysis or laser hair removal, removal of warts or other growths, chemical peels, steam baths or saunas (other than facial steam treatments), body waxing (other than facial services), tattooing, body piercing (other than ear piercing), chiropody (medical treatment of the feet), massage services (other than facial services) exceeding 25 percent of revenues, or hair implants.

Applications
Click here to submit the one-page quick-quote application or get a quote over the phone: 888-845-1626

Coverages

General Liability
Property
Package: General Liability, Property, Inland Marine, Crime

Deductible
$500
$1000
$2500
$5000

Optional Coverages

  • Professional Liability
  • Building and business personal property
  • Equipment breakdown
  • Inland Marine, Crime, Glass
  • Swimming Pools and Incidental Tanning Beds eligible