Business contents insurance for hairdressing salons
In a hair salon a large part of the sum insured sits in what you had installed yourself in a bare rented shell: wash units, pipework, mirror walls and lighting.
The calculator and the quote form below are in Dutch. Prefer to do this in English? Email info@finassverzekert. nl or call 072 - 509 24 56 and we will take it from there.
Work out for yourself what it would cost.
Enter your details; you will receive a proposal within one working day.
We compare the offerings of several insurers
An adviser checks whether the cover suits your activities
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
In brief
The business contents of a hair salon consists of the chairs, wash units, dryer hoods, trolleys, till and waiting area. The goods are colouring products, shampoo and the products you sell. That is usually a modest amount. What really matters in a salon is the third item: the tenant's improvements, in other words the fit-out you paid for yourself.
Premises in a shopping street are almost always handed over bare. You had the suspended ceiling, the mirror walls, the floor, the extra circuits and the water and drainage connections for the wash units installed. Those installations do not fall under the owner's buildings insurance nor automatically under your business contents item. They belong on your policy as their own amount, and that amount must go up after every refit.
Outside the cover remain: breakage of glass and mirrors without a glass section, customers' coats and bags, gradual water damage from a blocked drain, discolouration and staining from colouring products, and wear and tear of chairs and floor. If you insure for too little, payment is proportionate and never more than the actual loss (Article 7:960 of the Dutch Civil Code).
What does business contents insurance cover for hair salons?
The structure of the cover in three parts, with an overview per situation below.
Your business assets
Business contents
Machinery, equipment, furniture and fixed fittings.
At replacement value as new
Fire, water and burglary
Tenant's improvements separately
Stock
Goods
Trading stock, raw materials and finished products.
Purchase value or cost price
Declare seasonal peaks
Spoilage as an extension
Optional
Extensions
What is excluded as standard.
Third-party property
Money and securities
Business interruption
What is covered
Situation
Business contents
Goods
Fire and smoke damage
Yes
Yes
Burglary with signs of forced entry
Yes
Yes
Water damage from a burst pipe
Yes
Yes
Customers' property being worked on
No
No
Spoilage due to refrigeration failure
Sometimes
Sometimes
Wear and deferred maintenance
No
No
This overview is general in nature and is not personal advice. What is actually covered, including exclusions, limits and the excess, is set out in the policy conditions and the insurance card (verzekeringskaart) of the insurer; you receive both before you take out cover. Taking out cover without advice? Then read what execution only means for you.
Where things go wrong in practice
Four points that make the difference between a policy that pays out and one that does not.
Tenant's improvements are the largest item here
In a salon there is more money in the fit-out than in the loose business contents. The landlord insures the shell: walls, roof and floor slab. Everything you had installed afterwards is your interest and your risk. Put it on the policy as a separate amount, keep the invoices for the fit-out and raise the amount after a refit. If you do not, a fire is settled proportionately across the whole item.
Water from the wash units
Water heaters, mixer taps and the drains under the wash units are the most common loss pattern in a hair salon. Hair and product residues block drains. What then runs across the floor is the result of a blockage and that is usually excluded. A pipe that suddenly bursts is covered. If there is a home above or below you, the damage also runs in both directions.
Mirrors, frontage and shop window
Glass is everywhere in a salon: the frontage onto the street, mirror walls at every chair, glass partitions. On many property policies glass breakage is a separate section or a standalone glass insurance, and the definition differs per insurer. Ask expressly whether built-in mirror walls fall under glass or under tenant's improvements, because otherwise a gap opens up between those two descriptions.
What is not included
Customers' coats, bags and phones are not your property. Discolouration of furniture or of clothing from colouring products is a gradual effect or a liability matter, not sudden damage to property; damage to a customer's clothing runs through your public and employers' liability insurance. Money in the till, wear and tear of chairs and floor, and equipment faults without an external cause also remain outside the cover.
What does your premium depend on?
Extent of the tenant's improvements. The value of the fit-out after the last refit is often the largest item in a salon.
Number of wash units and water heaters. The size and state of the water installation determine the most common loss risk.
Glass surface area. The frontage, shop window and built-in mirror walls all weigh, certainly in a shopping street.
Location of the building. Adjoining premises, a flat above and the nature of the street determine the risk class.
Stock of products. Colouring and care products and the retail stock form the goods item.
Security and excess. Locks, roller shutter and alarm after closing time, and the excess chosen per event.
Insurers weigh these details differently. That is where your saving is.
How we arrange it
You request a quoteWe take stock of your situation, your risk and your wishes.
We compareseveral insurers, on premium as well as conditions.
You receive a proposalWith an explanation of the differences and the exclusions.
We arrange the switchIncluding cancellation, so there is no gap in cover.
Customers rate our service on four aspects: personal service, service delivery, availability and the outcome. The reviews are collected and published by NH1816 and come from customers who have actually taken out a policy with Finass Advies B.V. or reported a claim.
Everything you as a tenant had fixed to the premises and which would stay behind when you leave: suspended ceiling, wall finishes, floor, lighting, extra electrical circuits and the water and drainage connections for the wash units. It is not part of the owner's buildings policy and it does not automatically fall under your business contents. Always ask whether it appears on the policy as a separate amount.
Are my mirrors and the shop window covered?
Glass breakage is usually a separate section or a standalone glass insurance. Panes in the frontage generally fall under it. For built-in mirror walls it differs per insurer: sometimes they count as glass, sometimes as tenant's improvements. Have it recorded which description applies, otherwise when a loss occurs both sections point at each other and you are left with the cost.
The wash unit leaked all night. Is that covered?
That depends on the cause. A pipe or joint that suddenly fails is an insured event. If the basin overflows because the drain slowly silted up with hair and product residues, that is a blockage and it is excluded in almost all conditions. Clean drains periodically and record it; where there is doubt about the cause, that helps in settling the claim.
A customer's clothing was lost or damaged. What now?
That is not a matter for this insurance. Customers' clothing and bags are not your business assets. If you are held liable for, say, a bleach stain or a missing coat, that runs through your public and employers' liability insurance. Watch the care, custody and control provision there: items you took into your keeping may in fact be excluded. Ask how your policy deals with that.
Finass Verzekert is a trading name of Finass Advies B.V. We advise on and arrange non-life insurance on the basis of an objective analysis of several insurers, and receive commission for this from the insurer, which is included in the premium. You pay no separate advice fee. Before you take out cover, we establish your wishes and needs.
You will find our licence, KvK and Kifid details and our complaints procedure at the foot of every page.
