How much does Hair Salon & Barber insurance cost in Memphis, Tennessee?

The estimated annual cost for a Hair Salon & Barber in Memphis with one employee is between $720 and $1059. The state base rate is $880.

What insurance is required for a Hair Salon & Barber in Tennessee?

In Tennessee, businesses are subject to a 7.0% insurance tax. Hair Salon & Barbers typically need General Liability due to a risk factor of 0.9.

Hair Salon & Barber Insurance Cost in Memphis, Tennessee (2026 Guide)

Estimated Cost (2026)

Adjust based on your team size

Number of Employees1

Just me (1)Team (20)

$720-$1059

Estimated Annual Premium

Monthly Average Breakdown

$71 / mo

Includes General Liability

Industry Risk Profile

Salons generally have low risk, needing coverage for slip-and-falls or minor injuries resulting from chemical treatments or cuts.

Risk Factor0.9x

Location Factors

State Base Rate$880
Memphis Multiplier1x
State Tax Rate7.0%

Local Compliance FAQ

Is General Liability required in Memphis?

While Tennessee law may not mandate it for all businesses, Hair Salon & Barbers often need proof of insurance to bid on local commercial projects in Memphis.

Why is the rate different here?

Your premium reflects Tennessee's specific base rate of $880 and a local city multiplier of 1x.

Compare Hair Salon & Barber Insurance in Other Tennessee Cities

Hair Salon & Barber in Nashville Hair Salon & Barber in Knoxville Hair Salon & Barber in Chattanooga

How much does Hair Salon & Barber Insurance cost in Memphis?