Mississippi has 257,404 small businesses currently in operation. If you're in the grooming services industry, you're dealing with people's personal space. Mississippi commercial insurance can help protect your hair salon. 

A Mississippi independent insurance agent has a network of highly rated carriers to choose from when searching for coverage. They'll even do the comparing for you so that you can save time. To make it easy and affordable, connect with a local expert at no cost. 

What Is Hair Salon Insurance?

When you own a Mississippi business, you'll have to obtain sufficient coverage to avoid closure or bankruptcy. Your commercial insurance policies will have standard limits of protection for liability, property, and employees where applicable. 

Market size of beauty salons in the US

The number of operations involved in the beauty industry is significant. When you need the proper insurance, it can't hurt to know what your policies cover.

What Does Hair Salon Insurance Cover in Mississippi?

You'll want coverage for every twist and turn that impacts your hair salon. In Mississippi, $3,120,632,000 in commercial insurance claims were paid in one year alone. Check out common foundational policies for your hair salon:

• General liability insurance: Pays for bodily injury or property damage claims 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 client lawsuits related to negligence, personal injury, and consulting.

How Much Is Hair Salon Insurance in Mississippi?

Business insurance premium will vary from entity to entity. Insurance companies look at several risk factors when rating coverage that is specific to you. Check out what carriers use when calculating your hair salon coverage:

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

Distribution of dollar sales of hair services at salons in the US

Your salon insurance costs will depend on how you run your business and the services you offer. For exact pricing, you'll need to obtain quotes from a trained professional.

Will My Mississippi Location Impact My Rates?

Location affects your growth as well as the amount you pay for insurance. Carriers determine how much to charge based on area specifics. Take a look at what could play a role in your Mississippi insurance premiums:

• 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

Hair salon insurance can be challenging to find if you're unsure where to start. Fortunately, there are many advisers who can lend a helping hand. Consider partnering with a licensed professional for free so that you're fully covered.

A Mississippi independent insurance agent will have access to a network of carriers so that you can save time. They'll review your policies for accuracy and present the best options. Connect with a local expert on trustedchoice.com for instant savings.