Shop Insurance

A shop insurance package is something you should consider and is designed to protect retailers which are premises-based. It’s an important insurance policy as it will provide you with the peace of mind that your premises, stock, employees and customers are protected.

Typically a shop insurance policy will cover: loss of profit should you be unable to trade, damage to your shop front and glass, theft or attempted theft of money, loss or damage to your stock, employee compensation claims following an injury or illness, claims made by members of the public who visit your shop and protection for your premises.

At Premierline, we offer flexible shop insurance policies that can be as simple or comprehensive as you need depending on your business requirements. When deciding what insurance and covers you need to protect your shop, you should consider the following:

• Public liability – for injured shop visitors or damage to their property.
• Employers’ liability – to protect your shop employees.
• Buildings cover – to cover for loss or damage to your shop premises.
• Equipment, contents and stock – to reinstate your items and belongings.
• Business interruption – to keep finances running when disaster strikes.
• Money cover – for theft or attempted theft.
• Goods in transit – to cover for loss or damage to stock when in transit, loading or unloading.
• Business legal expenses – to cover the cost of legal expenses or defending your shop against legal action.

More information

The cost of your shop insurance will depend on your shop’s activities, what you sell, the location and the amount and type of covers you require to protect your shop. Like any other insurance, generally the more cover you require the higher the premium.

The value you gain from having the right cover in place is a huge benefit to your business. A shop insurance policy is a product that you have paid for that you may never get to use, but also a product that you hope you will never need to call on.

After many years of arranging shop insurance for shopkeepers and business owners, we understand the types of risks businesses face daily. This experience allows us to source the covers you need to protect your business.

It’s simple to get competitive shop insurance quotes online for your business if you know your insurance requirements. However, if you need advice on the level of cover you need, call us and we’ll be happy to help you make the right decisions for your shop insurance.

We can arrange shop insurance for hundreds of different types of shops. Example shops includes clothing shops, shoe shops, book shops, computer shops, mobility shops, convenience stores, jewellery shops, florists, showrooms and many more.

Shop insurance covers shops located in all retail locations, whether that be on the high street, a market stall, a retail park or a shopping centre. If you are considering shop insurance for your retail business, you will have many responsibilities to your customers, employees and suppliers, so it’s important to ensure you protect your shop with the right cover.

Try to have your existing insurance schedule and renewal notice available as this will give us the majority of the information that we will need. However, if you are a new business, don’t worry – our business insurance advisors will be able to guide you through the process of understanding and identifying your insurance needs.

We will email your policy documentation to you which means you will receive these straight away. Alternatively, if you would prefer your documents to be posted, you will normally receive them within 5 working days.

You can pay annually using a credit/debit card or by making an electronic payment. Alternatively you can manage your payments through a monthly Direct Debit plan with our approved premium finance provider, Premium Credit Limited.