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Extra Expense

Salon insurance glossary

Definition: Extra expense coverage pays reasonable additional costs to keep operating or reopen faster after a covered loss, such as renting temporary space or expediting repairs.

Why it matters for salons and spas

It pairs with business income so you can keep serving clients instead of waiting out repairs.

Example

A salon rents two chairs in a nearby suite for three weeks after water damage.

Related terms

Business Income Coverage

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