According to My Salon Suite's 2025 Franchise Disclosure Document, the estimated annual cost for insurance ranges from $1,400 to $4,000. This figure is part of the estimated initial investment required to start a My Salon Suite franchise. The payment is determined by the insurance company, and is due prior to opening or as arranged with the vendor, which is the insurance company or agent.

My Salon Suite requires franchisees to obtain and maintain specific insurance coverage throughout the term of the Franchise Agreement. This includes comprehensive general liability insurance with primary and excess limits of not less than $2,000,000, motor vehicle liability insurance with primary and excess limits of not less than $1,000,000, and professional liability insurance with primary and excess limits of not less than $1,000,000 to $2,000,000.

The FDD notes that premiums may vary based on the insurer, the location of the insured's premises, local laws, and other factors. It advises prospective franchisees to consult with their insurance agent to determine the appropriate amount of coverage based on their specific business operation. The initial investment table includes insurance costs, but the amounts shown reflect deposits and premiums payable for up to the first 3-month period, not the entire year.