Retailers Insurance

Running any shop, whether it is a small specialist business or a large high street fashion store, it is important that your retailer insurance covers the insurance risks you face.

There are a few key insurance policies which will be especially useful for retailers and shop owners which our team here at Erskine Murray can help you to choose. We work with a range of selected insurance partners to offer a wide range of business insurance policies which will suit your retail store.

Insurance for Shops

Most retailers and shop owners find several insurance covers particularly useful. Just some of the key sections we might recommend include:

• Public Liability cover which insures your shop if someone makes a claim against you for injury or property damage for which you are legally liable.
• Employers’’ Liability cover which is a legal requirement if you employ staff, even if they are part time or casual staff. It protects you against claims made by members of staff for compensation or legal claims, where they are injured or fall ill as a result of the work they do for you.
• Buildings cover to protect you from the cost of dealing with damage to your building caused by events such as flood or fire.
• Stock insurance which covers the value of your stock and supplies in the event they are stolen, damaged or destroyed.
• Tenants Improvement insurance which is useful if you plan to make improvements to your rented property. Anything you install yourself such as air conditioning, lighting or specialist fittings will not be covered by your landlord’s insurance policy, so if they are damaged you won’t be able to claim for them unless you cover them under your insurance policy.

Online Retailer Insurance

Whilst retailers on the high street need certain insurance policies to protect their business, online retailers also have certain risks to protect themselves against. For online businesses like yours, online retailers’ insurance is built for people who run their business on the internet.