All businesses face risks. As the owner of a tattoo and piercing shop in Michigan, you need to know that your business is protected from all of these risks. The best way to ensure that your business is properly protected is to consider your risks carefully and purchase the appropriate MI tattoo insurance policies.
Exploring Your Options
Not all tattoo and piercing shops will need the same types of coverage. Below are some of the most common types of tattoo & piercing shop insurance in MI.
1. Workers’ compensation insurance.
Under Michigan law, most employers will need to purchase workers’ compensation insurance for their employees. These policies protect against claims made when employees develop work-related injuries or illnesses.
2. Professional liability insurance.
When you provide professional services to customers, you need this type of coverage. Professional liability insurance applies when customers claim that a tattoo artist or another professional in your shop is accused of being negligent or providing poor services.
3. General liability insurance.
General liability insurance covers your business when customers make claims related to general liability issues, such as damage to their property or personal injury.
4. Property insurance.
If your tattoo shop rents the space in which it operates, you may not need property insurance. However, if you own the building, property insurance may be a necessary part of your tattoo & piercing shop insurance in MI.
- Tattoo and piercing shops in Michigan need to purchase insurance to protect themselves from loss.
- A variety of policies may be necessary, such as property insurance, general liability insurance, professional liability insurance and workers’ compensation insurance.
- Comparing options before purchasing any policy is essential.