Abram Interstate Insurance Services, Inc., CMGA

Helping Independent Insurance Agents Since 1996

Booze and Beauty – New Trends in Beauty Barber Nail | Insurance Product Highlight

Published on December 17, 2018

wholesale nail salon insurance beauty barber Abram CA

Hair styles and nail trends aren’t the only things that change in beauty salons. The newest thing? Sipping on cocktails, beer and wine while getting your pampering and grooming services performed.

As of 2017, laws have changed to allow nail salons, beauty salons, and barber shops to serve their customers complimentary alcoholic drinks.

According to news agency, KTLA, the bill, signed by Gov. Jerry Brown, allows these establishments to serve “up to 12 ounces of beer or six ounces of wine at no charge without a special license or permit.”

As our economy continues to do well, our state’s amount of money spent on experiences and pampering services continues to grow. These beauty industry businesses are not only growing, but evolving to cater to those desires. 

  • 75% of spas are seeing an increase in revenue. More and more people seek relief from the pressures of modern-day life, year over year. (ISPA 2018 U.S. Spa Industry Study)
  • 81% of spas will add or create new treatment offerings. Keeping up with the latest trends is critical to maintaining your competitive edge. (ISPA 2018 U.S. Spa Industry Study)
  • 10% job growth is expected over the next decade. Spa and salon jobs are expected to outpace total U.S. employment growth by 2024. (Economic Snapshot of the Salon and Spa Industry, Professional Beauty Association, May 2016)

Beauty Barber Nail Insurance Highlights:

Beauty Salons, Barber Shops, Nail Salons, Day Spas, & Medi Spas

Coverages (Packages Available)

  • General Liability
  • Property

Optional Coverages

  • Professional Liability up to $1 MIL for Specified Services
  • Loss of Income – 12 month Actual Loss Sustained Basis with a stated limit  
  • Value Plus Endorsement
    • (available on accounts eligible for special form offering 13 optional coverages for one low flat charge including: Signs, Money & Securities, Employee Dishonesty, Personal Effects Coverage and more)
  • Non-Owned & Hired Automobile coverage
  • Money & Securities coverage
  • Crime Coverage
  • Signs coverage
  • Equipment Breakdown coverage
  • Liquor Legal Liability* (New!)

Additional Advantages:

  • A.M. Best rated A++ carrier
  • Quick quote turnaround
  • Superior policy issuance
  • Low minimum premium
  • New Ventures eligible

Beauty Barber Nail risks that have microdermabrasion, laser hair removal, and tanning may now be eligible! Subject to approval.

Quote Over The Phone NOW: 888-845-1626

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Quote Online HERE Now!

 


Abram Interstate Insurance Services, Inc., CMGA is a Managing General Agent & Wholesaler with expertise to place business in both admitted and non-admitted markets for personal lines insurance and commercial lines insurance in California and surrounding areas.

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