Tennessee has  603,310 small businesses in existence. As a business owner, you'll have to account for all that could go wrong. Tennessee business insurance will have proper protection for your hair salon. 

A Tennessee independent insurance agent can help with policy and premiums that are affordable. They do the shopping for you at no additional cost so that you can save time and money. Connect with a local expert for tailored quotes today.

What Is Hair Salon Insurance?

When you own a Tennessee hair salon, you'll have several options for coverage. Your policies should cover your risks as a business owner in Tennessee. Liability, property, and employee coverages are among the few that you'll want to review with an adviser.

Market size of beauty salons in the US (in billion US dollars)

The hair salon industry will have competition, just like any other operation. To cover your exposures and any future losses, you'll want adequate insurance protection. 

What Does Hair Salon Insurance Cover in Tennessee?

In Tennessee, $6,317,565,000 in commercial insurance claims were paid in 2019 alone. Each policy will have traditional coverage selections for your industry. Hair salon insurance will come with these standard policy options:

• 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 building, equipment, and inventory damage 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 Hair Salon Insurance in Tennessee?

Commercial insurance costs vary from entity to entity. Your Tennessee salon insurance will be personalized to your operation. Check out the risk factors insurance companies use when rating your hair salon insurance in TN:

• 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

Sales of hair salon services in the US (in billion US dollars)

Your Tennessee salon will offer numerous services for your clientele. Each service you offer will need to be covered under your insurance policy. If you want exact costs, consult with a trained professional. 

Will My Tennessee Location Impact My Rates?

Where you choose to place your Tennessee hair salon will affect your insurance costs. Not only does having a top spot mean you're more accessible to clients, but it can also impact your insurance rates as well. 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 Tennessee

When you're searching for the best business insurance in Tennessee, a licensed professional can help. Hair salon insurance can be tricky when you're not an adviser. There are several coverages your operation will need to be adequately protected.  

Fortunately, a Tennessee independent insurance agent will have access to multiple markets so that you get options. They'll do the shopping for you for free, making it a no-brainer. Connect with a local expert on TrustedChoice and start saving today.