Source: Carrier website and product data
Cincinnati Financial: Beauty Salons & Spas Insurance Appetite
Cincinnati Financial can write beauty salons & spas accounts but this is not a focus segment – best used when the account has other lines already placed with Cincinnati Financial or when primary markets have declined. Cincinnati Financial's underwriting targets well-established beauty salons & spas businesses with strong financials and clean loss history. Premium reflects broader coverage and higher carrier financial strength. Many stylists are independent contractors – confirm employment status before quoting workers' comp
Available Lines
| Line of Business |
|---|
| Business Owners Policy (BOP) |
| General Liability |
| Commercial Property |
| Workers' Compensation |
| Professional Liability (E&O) |
Premium Range
$2,200-$9,600
Typical annual premium
Target States
44 states
Key Features
- Three-Year Commercial Package Policy covers beauty salons & spas operations with Rate lock for 3 years
- Workers' comp for 3-15 employees with experience mod-based pricing
- Cincinnati Financial provides professional liability covering allergic reactions and treatment-related injury claims
- Cincinnati Financial provides product liability for retail products sold in the salon
Limitations
- Beauty Salons & Spas is not a target class for Cincinnati Financial – expect longer underwriting timelines and less flexible eligibility
- Medical aesthetic procedures (Botox, fillers, laser treatments) require medical professional liability – not covered under salon E&O
- Tanning bed operations may be excluded or separately rated due to burn injury exposure
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