All businesses, including tattoo and piercing shops, should purchase adequate insurance coverage. Not only does this coverage protect the business from various types of loss, but some types of insurance are also required by law. If you are interested in purchasing tattoo shop insurance in NY, however, it is important to review your needs and options carefully.
What Types of Insurance Do You Need?
The exact types of insurance coverage you need will depend on the nature of your business. For example, most tattoo shops will need to purchase both general liability insurance and professional liability insurance.
General liability insurance protects you against claims related to personal injury, property damage and related issues. Professional liability insurance, on the other hand, protects you in situations where clients claim that one of your artists made a mistake or was negligent when providing services.
If you own the business where your shop operates, you may need to purchase property insurance as well. This type of insurance will provide benefits if the building is damaged. Property insurance may also cover thefts. In addition, some tattoo shops need to purchase abusive acts coverage, which applies when there are claims related to sexual molestation or physical abuse.
If you employ one or more individuals in your tattoo shop, you will need to invest in workers’ compensation insurance as well. This type of coverage is required under New York state law.
How to Purchase Tattooist Insurance in NY
Marine Agency proudly offers a wide range of coverage options to tattoo and piercing shops headquartered in the state of New York. Please contact us today to learn more about the NY tattoo insurance policies we offer or to discuss your specific needs in detail.