Mississippi has 257,404 small businesses in existence. If you run an operation, you'll need to account for all that could go wrong. Mississippi business insurance can help protect your barbershop.

A Mississippi independent insurance agent has access to multiple markets so that you're fully protected. They do the shopping at no additional cost, giving you options. Connect with a local expert for custom quotes in minutes. 

What Is Barbershop Insurance?

As a barbershop owner in Mississippi, you'll need adequate coverage to protect your livelihood. Most business policies will offer property, liability, and employee coverages for your operation.

Revenue of barbershops in the US (in million US dollars)

Gross revenue for barbershops across the US is growing. To have enough coverage for your business, you'll want to understand the different policies necessary.

What Does Barbershop Insurance Cover in Mississippi?

In Mississippi, $3,120,632,000 in commercial insurance claims were paid in 2019 alone. Your business insurance policies will vary by risk exposures and assets. Check out these standard barbershop insurance options that you will want to look at:

• General liability insurance: Pays for claims of bodily injury or property damage where you and your employees are responsible.
• Business interruption: This will pay for regular business expenses when you are temporarily shut down due to a covered loss.
• Commercial property insurance: Pays for damage to your building, equipment, and inventory from a covered loss.
• Crime insurance: Pays for a claim involving forgery, fraud, or theft to your company.
• Workers' compensation insurance: Pays for an employee's medical expenses resulting from an injury or illness on the job.
• Errors and omissions insurance: Pays for lawsuits by a client for negligence, personal injury, and consulting.

How Much Is Barbershop Insurance in Mississippi?

Your Mississippi barbershop insurance will be unique to your business. Carriers look at several items when determining your insurance costs. Check out the risk factors insurance companies use when rating your barbershop insurance in MS:

• Type of operation you run
• Prior claims reported
• Number of years in the industry
• If you have employees
• If you have safety practices
• The value of property owned

Industry revenue of hair care and esthetic services in the US (in billion US dollars)

There is no shortage of clients looking for hair care and other grooming services. If you run a barbershop, there is a demand for your business.

Will My Mississippi Location Impact My Rates?

No matter where your have a barbershop in Mississippi, your location will impact your insurance premiums. Carriers will use how safe your area is, among other factors, when rating your coverage. Take a look at what could play a role in your rates based on the territory:

• Local crime rate
• Local natural disasters reported
• Local claims reported by other insureds
• Flood zone assigned

How an Independent Insurance Agent Can Help in Mississippi

Your Mississippi commercial insurance can be challenging to obtain when you're not a licensed professional. Fortunately, you're not on your own when searching for coverage. Barbershop insurance can be found through a trusted adviser at no additional cost to your business. 

A Mississippi independent insurance agent can help with policy and premium options that are affordable. Since they do the shopping, you'll save time and money. Connect with a local expert on TrustedChoice to get started today.