The amount of risk involved with the services you offer will have a direct influence on your business’s type of aesthetic insurance cost.
- Professional Experience. It’s just a fact that the longer you do something, the better you get at it. An insurance company will generally tend to reward experienced aestheticians with lower-cost aesthetician insurance for this reason.
- Insurance History. The longer you’ve been insured as an aesthetician without claims, the lower your rates will be for aesthetic insurance.
- The number of employees on your staff. The more staff you have, usually, the higher your aesthetic insurance cost. Their level of experience also plays a factor here. On the flipside, if you are a single practitioner who rents out space in someone’s salon, your aesthetic insurance cost will probably be lower.
- The amount of work you do. This is just the law of numbers, the more work you do, the more clients you serve, and the types of equipment you use, can all impact the likelihood that a mistake or accident will occur.