What is Retail / Shop Insurance?
Shop insurance is a form of cover that protects your business against various risks and claims.
If you’re a business that is customer-facing, you may wish to protect your shop’s premises, its contents and stock, customers, and income as well as its employees.
What are the options?
There are three important aspects that any good shop insurance policy should include. The three elements are your premises and stock, your customers and unforeseen situations that might interrupt your business from trading.
Premises and Stock
Building and Contents Insurance
This would cover the cost of repairs to a buildings’ structure, and rebuilding if required. Protection of stock and equipment is key to a shop and office insurance policy, covering against theft or damage, furnishings and fittings, computers, till systems and other business equipment.
Staff and Customers
Employers and Public Liability
It’s a legal requirement to have employer’s liability if you have any staff, protecting them if any injury occurs or illness whilst working. Public liability will cover anyone who is injured at your shop or office or their property or belongings is damaged.
Business Interruption insurance
This type of insurance will protect any income that would have come in if your business had to close, mainly down to fire, flooding, etc. The policy’s main objective is to cover the cost that will get your business trading again.
Want a quote?
Eastside Insurance have over 30 years’ experience dealing with businesses in the retail sector. With access to a wide range of specialist insurers, we are able to offer a competitive and flexible range of insurance policies that can be unique to your business.
Get in touch today and let us do the hard work for you.