Tattoos and body piercing have become very common among individuals of all ages in society. This is the reason; tattoo business is also growing very fast and many new small and private tattoo businesses have opened in recent years.
When it comes to owning a business, there are always risks to consider, and running a tattoo shop is no exception. Thus, one has to invest in the appropriate insurance coverage to safeguard yourself and your business.
What Is Tattoo Insurance?
Tattoo and body piercing insurance is particular business coverage to assist tattoo shop owners against any unwanted situation and to keep the business safe. Tattoo businesses are familiar with the numerous risks and so, the business owner has to tailor some safety plans to overcome such situations and keep the business running.
The most known term for tattoo insurance is ‘Public Liability Insurance”.
Tattoo Shop Liability Insurance
Public Liability Insurance ensures that your expenditures are paid if a member of the public or a customer files a complaint related to an event that occurred in your tattoo shop. With the increasing number of individuals getting tattoos, the number of lawsuits against tattoo artists and companies is also on the rise. Thus, the need for tattoo shop liability insurance cannot be overstated.
Moreover, due to the enormous expense of legal defense, those even allegations that are overturned on appeal can also destroy a firm. Therefore, tattoo liability insurance will protect the business by paying court-ordered penalties as well as any legal expenses related to an insured incident.
The following are some of the liability coverage options for a tattoo business owner to avail:
General Liability Insurance:
Sudden incidents like never ask before happening, this is why a policy is designed to overcome such risks. Of which, slip-and-fall accidents are the most commonly reported injuries.
If a customer suffers from any personal injury or property damage while visiting the tattoo studio, General Liability will cover such damages. Therefore, it is an extremely recommended insurance policy for any firm that welcomes consumers inside its premises.
Professional Liability Insurance:
When the customers visit your tattoo studio, they show trust in you and your art and expect to obtain an error-free tattoo. But the mistakes can happen even by the most experienced artists and because tattoos are permanent so, the reaction of customers is also obvious. Many clients get freak out and even file a complaint against the artist & the business.
Professional liability is also known as malpractice insurance includes tattoo artist liability insurance. As a result, it protects you as a business owner and your artist from messing up when inking a client. Generally, tattoo artist liability insurance covers both client injuries and errors that result in improper tattooing.
Also, you will have to keep updating your insurance provider on any new hiring or departure. Moreover, you must be cautious while recruiting staff and make sure they are covered by this crucial insurance.
Infectious Disease Liability Insurance:
Customer health and safety must be the initial priority for a tattoo business owner and when it comes to tattoos and piercings, you need to sterilize and clean the needles and equipment.
Taking a lot of care of the equipment must be the most essential for you because if in any case, a customer becomes ill from a blood-borne infection, etc, he might sue you.
Even if the cases have no validity, you will still have to defend yourself, which can be costly. You can be protected from such damages with this Infectious Disease Liability Insurance.
In case of any confusion, you can ask other artists how they went about getting the proper tattoo shop insurance. Also, you can consult the insurance policy provider professional for more advice and assistance to choose the right policy for your tattoo business.