All salon owners in New York that practice cosmetology, esthetics, nail specialties, natural hair styling, or waxing are mandated to carry an Appearance Enhancement Business Bond. Pursuant to 19 NYCRR §160.9, all appearance enhancement businesses must maintain specific liability coverage or a surety bond to operate legally.
Bonds Express offers a New York Appearance Enhancement Business Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The New York Appearance Enhancement Business Bond holds you accountable for your business decisions.
By possessing a New York Appearance Enhancement Business Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.