NEXT earned our top spot for the best small business insurer for beauty salon companies due to its customer service and comprehensive coverage. We recommend comparing quotes from our other top picks as well, including The Hartford, Nationwide and Coverdash.
Best Beauty Salon Business Insurance
Updated: June 27, 2025
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Key Takeaways
NEXT is the best business insurance company for beauty salon firms because it offers the greatest balance of customer service and affordability.
The cheapest overall commercial insurance provider for beauty salon businesses is Coverdash, with low monthly rates for various coverage types.
To shop for business insurance for your beauty salon business, assess the risks in your industry, consult agents and other similar organizations, and compare multiple options.
Best Business Insurance for Beauty Salon Companies
| NEXT | 95 | 94 | 94 |
| The Hartford | 94 | 96 | 91 |
| Nationwide | 94 | 96 | 91 |
| Coverdash | 94 | 98 | 83 |
| Simply Business | 93 | 96 | 83 |
| biBerk | 89 | 88 | 91 |
| Chubb | 88 | 85 | 87 |
| Thimble | 87 | 89 | 81 |
| Hiscox | 86 | 86 | 87 |
| Progressive Commercial | 82 | 80 | 81 |
*All scores were based on a beauty-salon business with two employees across professional liability, general liability, workers' comp and BOP policies.
1. NEXT
pros
Best customer service experience
Reasonable rates for most coverage types
Large coverage selection
cons
Slower quote times than competition
Lower financial stability ratings
COMPANY HIGHLIGHTS
NEXT is the most balanced business insurer for beauty salon firms, combining excellent customer service, competitive rates and comprehensive coverage. It ranks fifth for affordability in our study, but overall is the top for customer service when it comes to beauty salons. Although it's newer to the industry with under 10 years of experience, NEXT has earned a 4.7 out of 5.0 rating from over 3,000 customers.
2. The Hartford
pros
Lowest professional liability insurance rates
Extensive experience with over 200 years in the industry
Highest financial stability ratings
cons
Less affordable for workers' comp policies
COMPANY HIGHLIGHTS
The Hartford secured our runner-up position for beauty salon insurance coverage. It provides the cheapest professional liability policies at an average monthly cost of $44. This makes it appealing to salon owners who are concerned about liability claims.
The Hartford also achieved second place in our overall customer experience rankings, receiving strong reviews from over 10,000 policyholders spanning multiple industries and coverage categories. Additionally, their A+ from AM Best means salon owners can be confident their claims will be honored and paid promptly.
3. Nationwide
pros
Low rates for general liability coverage
Good financial stability ratings
cons
Not available in all states
No online policy purchasing
COMPANY HIGHLIGHTS
Nationwide claimed the third spot in our beauty salon business insurance rankings, because of its affordability and customer support. The company offers the second-lowest general liability insurance rates, making it an attractive option for salon owners who need comprehensive protection without straining their operating budgets.
Nationwide also offers great customer service, with policyholders consistently praising the company's responsive support team and straightforward claims process.
Cheapest Business Insurance for Beauty Salon Firms
Based on our study of business insurance pricing, Coverdash offers the cheapest overall commercial insurance for beauty salon companies across most policy types. This applies only to beauty salon companies with two employees, and you may find lower rates elsewhere. Below are the most affordable providers by major coverage types.
Cheapest General Liability Insurance for Beauty Salon Companies
With an average monthly rate of $42, Coverdash offers the lowest-cost general liability insurance for beauty salon companies. Even so, consider getting quotes from the next-most-affordable insurers: Nationwide and Simply Business.
| Coverdash | $42 | $507 |
| Nationwide | $47 | $570 |
| Simply Business | $48 | $574 |
| The Hartford | $55 | $666 |
| NEXT | $56 | $669 |
| Thimble | $71 | $855 |
| biBerk | $81 | $977 |
| Chubb | $82 | $986 |
| Hiscox | $82 | $989 |
| Progressive Commercial | $113 | $1,356 |
Cheapest Workers' Comp Insurance for Beauty Salon Companies
For beauty salon businesses shopping for workers' comp insurance, Thimble tops our list as the most affordable insurer, with average rates of $6 per month or $75 yearly. However, you may find more affordable rates with Coverdash, Hiscox, NEXT and Simply Business.
| Thimble | $6 | $75 |
| biBerk | $7 | $88 |
| Coverdash | $7 | $86 |
| Hiscox | $7 | $84 |
| NEXT | $7 | $87 |
| Progressive Commercial | $7 | $81 |
| Simply Business | $7 | $83 |
| The Hartford | $7 | $85 |
| Chubb | $8 | $101 |
| Nationwide | $8 | $94 |
Cheapest Professional Liability Insurance for Beauty Salon Companies
The Hartford offers the most affordable professional liability insurance options for beauty salon companies, with low average monthly rates of $44. You may also want to compare prices from other low-cost providers like NEXT, Progressive Commercial and Thimble.
| The Hartford | $44 | $526 |
| NEXT | $46 | $555 |
| Progressive Commercial | $47 | $563 |
| Simply Business | $48 | $581 |
| Thimble | $48 | $576 |
| Coverdash | $49 | $593 |
| Hiscox | $49 | $583 |
| biBerk | $50 | $605 |
| Nationwide | $53 | $633 |
| Chubb | $57 | $683 |
Cheapest BOP Insurance for Beauty Salon Companies
Coverdash provides the most affordable business owners' policy (BOP) coverage for beauty salon companies, with an average yearly cost of $735 for bundled general liability and property protection. That's a savings of roughly $120 annually compared to The Hartford, the second most affordable option.
| Coverdash | $61 | $735 |
| Nationwide | $71 | $857 |
| The Hartford | $71 | $855 |
| Simply Business | $72 | $861 |
| NEXT | $81 | $975 |
| biBerk | $107 | $1,286 |
| Thimble | $110 | $1,320 |
| Hiscox | $123 | $1,479 |
| Chubb | $124 | $1,483 |
| Progressive Commercial | $170 | $2,037 |
What Type of Coverage Do You Need for a Beauty Salon Business?
Most companies with employees are legally required to carry workers' comp insurance, and businesses that use vehicles must have commercial auto coverage. Many clients or contracts also require businesses to carry general liability insurance before starting work. A surety bond may also be necessary in certain industries, especially when contracts require guarantees of service or compliance.
RECOMMENDED BEAUTY SALON BUSINESS COVERAGE
General liability insurance is strongly recommended for beauty salon companies because it covers common risks like bodily injury, property damage and legal defense costs, even if it’s not legally required. Professional liability insurance is also a smart option for businesses that work under client contracts or provide specialized services. It’s helpful for beauty salon businesses with commercial contracts or high-risk jobs, like technical, legal or customized services.
How to Get the Best Cheap Business Insurance for Your Beauty Salon Company
Here's a step-by-step guide for finding the best cheap business insurance for your beauty-salon company.
- 1
Decide on coverage needs before buying
Consider risks specific to your business for claims, get advice from similar businesses, talk to agents and research the types of business insurance. This will give you an idea of your coverage needs and prevent you from being convinced to get excessive coverage.
- 2
Research costs
Research average costs for your business profile and determine which providers offer the cheapest rates overall. This will give you insight into how much you save when comparing quotes and which companies to start with.
- 3
Look into company reputations and coverage options
Research what customers say on online rating sites and forums for a more comprehensive look at company services. Also, research coverage options to check you're covered for the right items.
- 4
Compare multiple quotes through different means
Compare multiple quotes since pricing differs. You can get quotes from captive agents, comparison sites, company websites or independent agents.
- 5
Reassess annually
Your business situation will change, influencing your rates and coverage needs. Repeat these steps annually to be sure you still have the best deal.
How to Decrease Your Beauty Salon Business's Liability Risk
Reducing risk is important for beauty salon businesses to keep insurance costs manageable. We've organized risk mitigation strategies by business type or risk level to help you implement the most effective practices.
Salon Business Risk Type | Included Types of Beauty Salon Businesses | Risk Mitigation Tactics |
|---|---|---|
Highest | Medical spa services, cosmetic injections (Botox, fillers), laser treatments, chemical peels, permanent makeup/tattooing, electrolysis, advanced skin resurfacing |
|
Moderately high | Hair chemical treatments (perms, relaxers, bleaching), professional makeup artistry, eyelash extensions, microblading, spray tanning, waxing services |
|
Moderate | Standard hair styling and cutting, basic facials, manicures and pedicures, eyebrow shaping, basic massage therapy |
|
Moderately low | Hair washing and blow-drying, basic styling, makeup application for events, retail product sales, consultation services |
|
Lowest | Hair brushing and basic styling, simple braiding, beauty consultations, product demonstrations, gift certificate sales |
|
Best Insurance for Beauty Salon Business: Bottom Line
NEXT is the best insurer for beauty salon business insurance, while Coverdash offers the cheapest option overall. We also recommend getting quotes from The Hartford and Nationwide. For the best deal, compare multiple quotes.
Beauty Salon Business Insurance: FAQ
This section answers frequently asked questions about beauty salon business insurance.
Who offers the best beauty salon business insurance overall?
NEXT offers the best business insurance for beauty salon companies, with a MoneyGeek score of 94.68 out of 100, excelling in customer service. The Hartford is a strong second choice.
Who has the cheapest business insurance for beauty salon companies?
Here are the cheapest business insurance companies for beauty salon companies by coverage type:
- Cheapest general liability insurance: Coverdash at $42 monthly
- Cheapest workers' comp insurance: Thimble at $6 monthly
- Cheapest professional liability insurance: The Hartford at $44 monthly
- Cheapest BOP insurance: Coverdash at $61 monthly
What business insurance is required for beauty salon organizations?
Workers' compensation insurance and commercial auto insurance are essential for beauty salon businesses, with requirements varying by state. Commercial clients and property leases often require general liability insurance and surety bonds.
How much does beauty salon business insurance cost?
Business insurance costs for beauty salon businesses vary depending on the type of coverage. We've broken down costs for commonly needed coverage for small businesses:
- General Liability: $45 per month
- Workers Comp: $58 per month
- Professional Liability: $42 per month
- BOP Insurance: $68 per month
How We Chose the Best Beauty Salon Business Insurance
We selected the best business insurer for beauty-salon companies based on the following criteria:
- Affordability (50% of score): The lower a company's costs compared to the competition based on our base profile for four core coverage types, the better it performs.
- Customer service (30% of score): We scored providers on overall customer satisfaction using industry studies, customer review forum ratings and public forum sentiment analysis from sites like Reddit.
- Coverage (15% of score): We scored business insurance for this category based on the flexibility, payment and actual coverage options.
- Financial stability (5% of score): Using financial stability industry ratings from companies like AM Best and Moody's, we created an overall rating to judge how likely a company is to pay out claims compared to the competition.
All pricing in this article is based on the following base profile to represent the vast majority of small businesses in all states:
- Three-person business with two employees
- Coverage: $1 million per occurrence and $2 million total per year for all but BOP, which includes the same coverage plus $5,000 of business property coverage
- $150,000 in payroll
- $300,000 annual revenue
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.
sources
- AM Best. "Hartford Fire Insurance Company." Accessed June 27, 2025.
- NEXT. "Customer Reviews." Accessed June 27, 2025.