Barber business insurance costs vary significantly by coverage type, helping you make smarter budget decisions. MoneyGeek's analysis shows monthly premiums range from $14 for workers' compensation to $54 for a business owner's policy.
How Much Does Barber Business Insurance Cost?
Business insurance for barbers starts at $14 per month, but your specific business details and coverage needs will determine your actual rate.
Discover cheap barber business insurance below.
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Updated: August 16, 2025
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Key Takeaways
Barber business insurance costs range from $14 to $54 monthly, with business owner policies being the most expensive coverage type.
Your barber insurance premiums depend on location, claims history, property types serviced and employee count.
Shop multiple insurers, bundle policies, increase deductibles and pay annually to find affordable barber business insurance costs.
Average Barber Business Insurance Cost Overall
| BOP | $54 |
| General Liability | $45 |
| Professional Liability (E&O) | $43 |
| Workers Comp | $14 |
How did we determine these rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus on four coverage types: general liability, professional liability/E&O, workers' comp and business owner's policy. Survey results reflect limited sample data and may not represent all available rates in your area.
Barber Business Insurance Cost for General Liability Coverage by State
Your barber business insurance cost for general liability coverage depends on where you operate. Maine and North Carolina offer the most savings at $39 monthly (versus the $45 national average), while Hawaii costs $54 monthly.
| Alabama | $44 |
| Alaska | $47 |
| Arizona | $42 |
| Arkansas | $43 |
| California | $50 |
| Colorado | $44 |
| Connecticut | $48 |
| Delaware | $48 |
| Florida | $48 |
| Georgia | $45 |
| Hawaii | $54 |
| Idaho | $42 |
| Illinois | $49 |
| Indiana | $43 |
| Iowa | $42 |
| Kansas | $43 |
| Kentucky | $42 |
| Louisiana | $54 |
| Maine | $39 |
| Maryland | $42 |
| Massachusetts | $47 |
| Michigan | $42 |
| Minnesota | $42 |
| Mississippi | $45 |
| Missouri | $44 |
| Montana | $44 |
| Nebraska | $42 |
| Nevada | $51 |
| New Hampshire | $44 |
| New Jersey | $50 |
| New Mexico | $45 |
| New York | $52 |
| North Carolina | $39 |
| North Dakota | $39 |
| Ohio | $41 |
| Oklahoma | $44 |
| Oregon | $41 |
| Pennsylvania | $51 |
| Rhode Island | $49 |
| South Carolina | $46 |
| South Dakota | $42 |
| Tennessee | $43 |
| Texas | $45 |
| Utah | $43 |
| Vermont | $43 |
| Virginia | $41 |
| Washington | $51 |
| West Virginia | $47 |
| Wisconsin | $44 |
| Wyoming | $41 |
How did we determine these rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on general liability policies. Survey results reflect limited sample data and may not represent all available rates in your area.
Barber Business Insurance Cost for Workers’ Compensation Coverage by State
Your barber business cost for workers' compensation varies by state. North Carolina offers the lowest rates at $12 monthly and New York the highest at $16 monthly. Our analysis reveals how state regulations and claim histories create these differences.
| Alabama | $14 |
| Alaska | $13 |
| Arizona | $13 |
| Arkansas | $13 |
| California | $16 |
| Colorado | $14 |
| Connecticut | $15 |
| Delaware | $15 |
| Florida | $15 |
| Georgia | $14 |
| Hawaii | $15 |
| Idaho | $13 |
| Illinois | $15 |
| Indiana | $14 |
| Iowa | $13 |
| Kansas | $14 |
| Kentucky | $13 |
| Louisiana | $16 |
| Maine | $12 |
| Maryland | $13 |
| Massachusetts | $15 |
| Michigan | $13 |
| Minnesota | $13 |
| Mississippi | $14 |
| Missouri | $14 |
| Montana | $14 |
| Nebraska | $13 |
| Nevada | $16 |
| New Hampshire | $14 |
| New Jersey | $16 |
| New Mexico | $14 |
| New York | $16 |
| North Carolina | $12 |
| Oklahoma | $13 |
| Oregon | $13 |
| Pennsylvania | $16 |
| Rhode Island | $15 |
| South Carolina | $14 |
| South Dakota | $13 |
| Tennessee | $14 |
| Texas | $14 |
| Utah | $13 |
| Vermont | $14 |
| Virginia | $13 |
| West Virginia | $15 |
| Wisconsin | $14 |
How did we determine these rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on workers’ comp policies. Workers' compensation requirements vary by state and are mandated by state regulations. Survey results reflect limited sample data and may not represent all available rates in your area.
Barber Business Insurance Cost for Professional Liability Coverage by State
Like other types of coverage, your cost for professional liability varies by state. The national average is $43 monthly for barbers. North Dakota offers the lowest rates at $37 monthly for E&O insurance, while New York charges the highest at $50 monthly.
| Alabama | $42 |
| Alaska | $39 |
| Arizona | $40 |
| Arkansas | $40 |
| California | $47 |
| Colorado | $43 |
| Connecticut | $47 |
| Delaware | $45 |
| Florida | $47 |
| Georgia | $44 |
| Hawaii | $45 |
| Idaho | $40 |
| Illinois | $48 |
| Indiana | $42 |
| Iowa | $41 |
| Kansas | $41 |
| Kentucky | $40 |
| Louisiana | $47 |
| Maine | $37 |
| Maryland | $41 |
| Massachusetts | $44 |
| Michigan | $40 |
| Minnesota | $40 |
| Mississippi | $43 |
| Missouri | $42 |
| Montana | $43 |
| Nebraska | $40 |
| Nevada | $49 |
| New Hampshire | $42 |
| New Jersey | $49 |
| New Mexico | $43 |
| New York | $50 |
| North Carolina | $37 |
| North Dakota | $37 |
| Ohio | $40 |
| Oklahoma | $40 |
| Oregon | $40 |
| Pennsylvania | $50 |
| Rhode Island | $47 |
| South Carolina | $44 |
| South Dakota | $40 |
| Tennessee | $41 |
| Texas | $43 |
| Utah | $41 |
| Vermont | $41 |
| Virginia | $40 |
| Washington | $49 |
| West Virginia | $44 |
| Wisconsin | $43 |
| Wyoming | $39 |
How did we determine these rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on professional liability policies. Survey results reflect limited sample data and may not represent all available rates in your area.
Barber Business Insurance Cost for BOP Coverage by State
Business owner's policy rates vary widely for barber businesses across states. Monthly premiums range from $47 in North Carolina to $62 in Washington state.
| Alabama | $53 |
| Alaska | $51 |
| Arizona | $51 |
| Arkansas | $51 |
| California | $61 |
| Colorado | $54 |
| Connecticut | $58 |
| Delaware | $56 |
| Florida | $57 |
| Georgia | $56 |
| Hawaii | $58 |
| Idaho | $51 |
| Illinois | $58 |
| Indiana | $53 |
| Iowa | $52 |
| Kansas | $51 |
| Kentucky | $52 |
| Louisiana | $62 |
| Maine | $47 |
| Maryland | $50 |
| Massachusetts | $57 |
| Michigan | $51 |
| Minnesota | $50 |
| Mississippi | $53 |
| Missouri | $53 |
| Montana | $54 |
| Nebraska | $51 |
| Nevada | $61 |
| New Hampshire | $53 |
| New Jersey | $61 |
| New Mexico | $53 |
| New York | $61 |
| North Carolina | $47 |
| North Dakota | $48 |
| Ohio | $50 |
| Oklahoma | $51 |
| Oregon | $50 |
| Pennsylvania | $61 |
| Rhode Island | $58 |
| South Carolina | $56 |
| South Dakota | $49 |
| Tennessee | $52 |
| Texas | $54 |
| Utah | $50 |
| Vermont | $52 |
| Virginia | $49 |
| Washington | $62 |
| West Virginia | $55 |
| Wisconsin | $53 |
| Wyoming | $50 |
How did we determine these rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on BOP coverage. Survey results reflect limited sample data and may not represent all available rates in your area.
Factors Affecting Barber Business Insurance Cost
Insurance companies look at several factors to determine your barber business insurance costs. Understanding these pricing elements helps you create a more accurate budget. Here's a detailed look at what affects your insurance rates.
Geographic location
Your business location affects workers' compensation rates due to local regulations and claim frequencies. Operating in areas with severe weather risks or higher crime rates increases your risk profile, and state differences create premium variations.
Safety record and claims history
Previous claims impact future premiums, sometimes for three to five years. A single slip-and-fall lawsuit can substantially increase your general liability rates at renewal.
Employee count and payroll
Insurers calculate workers' comp premiums based on your total payroll and job classifications. Adding employees increases your payroll costs, directly impacting your workers' compensation premiums since insurers calculate your rates per dollar of wages paid.
Business size and revenue
Higher annual revenue typically means higher premiums since insurers view larger operations as having greater exposure to claims. For example, a solo barber earning $50,000 annually pays less than a multi-chair shop with $500,000 in revenue.
Coverage limits
Higher coverage limits provide better protection but cost more monthly. Choosing between different coverage amounts directly affects your premium, with higher limits increasing costs proportionally.
Credit score and financial stability
In most states, insurers can consider your business credit score when setting rates. A strong credit score can reduce premiums, while poor credit often increases costs substantially.
How to Get Cheap Barber Business Insurance
Barber shop owners can lower their business insurance costs through smart comparison shopping and risk management strategies. Our proven tips below show you how to reduce premiums now and build a stronger safety record over time.
- 1
Choose the right coverage types for your business
Understanding what types of business insurance your barber shop needs prevents overpaying for unnecessary coverage. General liability protects against customer injuries, while professional liability covers claims related to your services. Property insurance safeguards your expensive equipment and supplies.
- 2
Shop multiple insurance companies
Insurance rates can vary significantly between providers for the same coverage. Request quotes from at least three companies to find the best rates. Consider working with an independent agent who can handle comparison shopping for you.
- 3
Bundle your coverage types
Insurance companies offer substantial discounts when you bundle multiple policies together. Combining general liability with property insurance and other coverage types under one provider typically costs less than separate policies from different insurers.
- 4
Increase your deductibles
Choosing higher deductibles reduces your monthly premium costs. This means you'll pay more out-of-pocket for small claims, but save money on regular insurance payments.
- 5
Pay annually instead of monthly
Monthly payment processing fees can add up quickly. Paying your premium annually often eliminates these fees and may qualify you for additional discounts.
- 6
Review and adjust your coverage annually
Your insurance needs change as your business grows. Review your policy yearly to ensure coverage matches your current operations. Remove unnecessary coverage and adjust limits based on your business size and services.
Insurance for Barber Business Cost: Bottom Line
Barber business insurance costs range from $14 to $55 monthly, with your location, claims history and business size driving your actual premium, while comparing quotes and choosing higher deductibles helps reduce costs.
Barber Business Insurance Cost: FAQ
Barber business owners often ask about insurance costs, and we've gathered answers to the most common questions about coverage and premiums below.
What is the cheapest type of barber business insurance?
Workers' compensation insurance costs $14 monthly, but only covers employee injuries. Most barber businesses need general liability coverage ($45 monthly) to protect against customer accidents and property damage claims.
How much can I save by bundling my barber business insurance policies?
Bundling multiple policies through a business owner's policy (BOP) offers the most cost-effective insurance solution for barber businesses, with typical savings of 10 to 25% compared to separate coverage purchases.
What factors make my barber business insurance more expensive?
General Liability insurance tends to be the most budget-friendly option for barber businesses, with average monthly premiums starting at $45 for basic protection against common risks. Factors like where your business is located and how many employees you have can influence your insurance costs.
Should I choose a $500 or $2,500 deductible for my barber business insurance?
Higher deductibles lower your monthly premiums, but require larger out-of-pocket expenses when filing claims. Consider your available cash reserves and claim likelihood when choosing.
How much does workers' compensation cost for barber businesses by state?
Workers' compensation costs for barbers range from $12 monthly in North Carolina to $16 monthly in New York, with rates varying based on your business location.
Is business owner's policy (BOP) worth the extra cost for barber companies?
A business owner's policy costs $54 monthly and bundles general liability, commercial property and business interruption coverage. This package deal offers more value than purchasing individual policies for barber shops.
How often should I shop around for barber business insurance quotes?
Shop for new barber insurance quotes annually at renewal time. Compare at least three insurers to find better rates, particularly if your business has grown or changed services.
How We Determined Barber Business Insurance Costs
We collected barber business insurance quotes from companies across different states. To make sure we compared apples to apples, every quote used the same business setup:
- Two employees (three people total, including the owner)
- $150,000 annual payroll
- $300,000 annual revenue
- Already insured status
- $1 million per occurrence and $2 million total per year for all coverage except BOP, which includes the same limits plus $5,000 business property coverage
This profile represents small barber businesses requiring comprehensive insurance coverage in most states. We chose companies offering broad national coverage and online quote capabilities, focusing on insurers that actively serve the barber industry.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.