Are you an aspiring or professional makeup artist? If so, you’ve likely heard about the importance of getting makeup artist insurance. This type of insurance is essential for any MUA and can cover a variety of risks, from damage to your client’s property to libel and slander claims. If you’re still feeling unsure, we’re going to break down 12 business-savvy reasons to invest in makeup artist insurance!
So, let’s get to it!
What is Insurance?
Insurance is a type of financial product that can help protect you from unexpected losses. Moreover, it’s an agreement between you and an insurance company that provides coverage for specified risks, such as:
- Property damage;
- Personal injury;
- Or liability claims.
Most Common Types of Small Business Insurance
As a makeup artist, these are the types of insurance that would most apply to you and your business:
- General liability insurance. This type of coverage can help protect against property damage and bodily injury claims related to your business operations.
- Professional indemnity insurance. This type of policy is designed to protect you if a client incurs loss resulting from errors or omissions in your work.
- Product liability insurance. If you sell products as part of your service, this type of coverage can provide protection if one of your products causes harm or damages to someone’s property.
Pro Tip: Dream of launching your very own makeup business? Here’s what the expectation vs. reality of this endeavor looks like!
Do You NEED Insurance as a Makeup Artist?
Okay, so here’s the thing: makeup artist insurance isn’t required by law. And it’s for this very reason that only a small percentage of working MUAs (think around 20-45%). After all, if it isn’t mandatory, why invest the money into it?
But the truth is, it’s VERY important to invest in this kind of coverage! Doing so can help protect your business and personal assets if you’re ever sued for negligence. Not to mention, it’ll also help protect you against other potential liabilities caused by your work…
12 Reasons to Invest in Insurance as a Makeup Artist
Reason #1. Makeup Artist Insurance Protects Your Business
With makeup artist insurance, you can cover specific risks related to your MUA services that could potentially threaten the well-being of your business. For example, if you accidentally spilled a product on your client’s clothing, this type of coverage can help you pay for the repairs or replacements.
Reason #2. It Protects You Financially
In addition to protecting your business, makeup artist insurance can also protect you financially if a customer files a claim against you for negligence. This type of policy will cover the legal costs associated with defending yourself in court and any potential settlement payout that may be awarded to your client.
Reason #3: Having Insurance for Makeup Artists Increases Your Professionalism and Credibility
When you invest in makeup artist insurance, you’re investing in your reputation as an MUA, too! Having this type of coverage shows that you’re serious about your business and willing to go the extra mile to protect yourself (and your clients).
Reason #4: It Can Help You Win More Clients
Makeup artists with insurance may be more attractive to potential clients than those without. After all, who wouldn’t want to feel 100% confident when it comes to their beauty service provider? Thus, investing in the right kind of insurance can help instill a sense of trust between you and future customers!
Reason 5: Makeup Artist Insurance Covers Damages Caused by Your Work
It’s no secret that makeup can be a tricky business. Although you may do your best to provide excellent services, accidents (like spilling foundation on the floor) can still happen. And in these cases, having insurance for makeup artists will help cover all damages caused by your work.
Reason 6: It Can Help You Handle Liability Claims
If a customer ever files a liability claim against you (for example, if one of your products causes an allergic reaction), this type of policy can help protect you from financial loss and other legal repercussions.
Reason 7: Makeup Artist Insurance Covers Equipment Damage
As a makeup artist, you spend SO much money on your kit essentials – from brushes to foundations and more! But without the right kind of coverage, you’re basically on your own if anything happens to your equipment – like a broken mirror or spilled foundation.
On the other hand, if you do have the right insurance coverage, you can be rest assured knowing that your equipment is safe and secure!
Pro Tip: Save your money by avoiding these 8 items you DON’T actually need in your professional makeup kit!
Reason 8: It Can Help Cover Medical Expenses for Injuries
Imagine that a client accidentally gets injured while receiving makeup services from you. For instance, say your client slips and falls due to a spilled foundation on the floor. In this case, your insurance can help cover any medical expenses associated with their injuries (including ambulance rides, hospital visits, and more).
Furthermore, this type of insurance cover can apply to YOU and/or your staff as well!
Reason 9: Makeup Artist Insurance Covers Property Damage
It’s no secret that being an MUA means spending lots of time in different locations – like clients’ homes, wedding venues, professional sets, etc. But if you ever experience any property damage while working onsite, makeup artist insurance can help cover all costs associated with repairs or replacements.
For example, let’s say you’re a film MUA and some of your makeup products spill on the floor, causing damage to the set. With insurance coverage, you’re protected and won’t have to worry about footing the bill for any repairs!
Reason 10: It Can Help You Get Back to Work Quickly
We can’t discuss reasons to invest in makeup artist insurance without touching on this very important topic! Makeup artist insurance can help you get back to work quickly after experiencing a setback. For example, if you ever experience any theft, fire damage, or other mishaps, having this type of coverage can help you get back on your feet in no time!
Reason 11: It Can Help You Find New Opportunities
Having makeup artist insurance can open the door to more opportunities, such as working with larger companies and brands who may require this type of coverage!
Reason 12: The Best Makeup Artist Insurance Will Save You Money In The Long
Finally, investing in the best makeup artist insurance can save you money in the long run. By taking out a comprehensive policy, you’ll be able to cover the costs of any damages or injuries, without having to break the bank.
Frequently Asked Questions
Q: What is the BEST makeup artist insurance?
A: The best makeup artist insurance is one that provides comprehensive coverage, including protection against:
- Fire damage;
- Liability claims;
- Medical expenses;
- Equipment damage;
- And property damage.
Q: How much does makeup artist insurance cost?
A: The cost of makeup artist insurance varies from policy to policy. Factors like the amount of coverage, your location, and your industry experience can all affect the cost of a policy. However, typically, an annual policy costs around $400-$500. On average, a monthly policy costs less than $50 per month.
Q: Is makeup artist insurance worth the investment?
A: Yes! Investing in makeup artist insurance will help protect your equipment, your clients, and YOU in the event of any unexpected incidents. Plus, having this type of coverage can open you up to more opportunities (like working with larger companies and brands).
Q: Where can I find makeup artist insurance?
A: You can find makeup artist insurance through a variety of different providers. So, look around online and see what your option are! Just be sure to research the best options for your needs and budget – and always read the policy details carefully before signing up.
Q: How can I get liability insurance as a makeup artist?
A: You can get liability insurance as a makeup artist by taking out an independent policy. This type of policy is specifically designed to help protect against damages caused by you or your staff. So, if someone slips and falls while on set, you’ll have coverage to help cover the medical expenses.
On average, a liability insurance policy for makeup artists will cost around $300-$400 per year.
Q: How does a professional makeup artist get workers compensation insurance?
A: Workers compensation insurance refers to a type of policy that provides coverage for any injuries or illnesses that occur on the job. So, if you ever experience an injury or illness while working, this type of policy can help cover the costs of any medical bills or lost wages.
Most states require employers to have workers compensation insurance, so if you’re a professional makeup artist, make sure to check the laws in your state.
In terms of actually getting it for your business, you can contact a variety of different insurance providers to find the best policy for you!
Q: What insurance does a freelance makeup artist need?
A: A freelance makeup artist needs specific types of insurance to help protect against any damages or injuries that may occur while on the job. This type of coverage includes:
- General Liability Insurance;
- Professional Liability Insurance;
- Workers Compensation Insurance;
- And Property and Equipment Insurance.
It’s important to note that the cost of these policies will vary depending on the state you live in, your industry experience, and the coverage amounts you choose. So, make sure to research your options carefully before choosing the best policy for you.
Pro Tip: Learn how YOU can become a trained, certified, and working freelance MUA in as little as 2 short months!
Investing in makeup artist insurance is a smart and necessary way to protect yourself, your clients, and your business. So, if you’re a professional or aspiring MUA, make sure to research the best policy for YOUR needs today!
Good luck, beauties, and thanks as always for reading!