Shop insurance from YOUR Insurance
As well as public liability, there may be other elements to your
business you need to cover. Don’t let this worry you – as long as
you tell us all your requirements and details of your shop, we will
do our best to get you the right cover at the right price through
our panel of leading insurance providers and our contacts in the
wider insurance market.
Great discounts for low premiums
We want to provide you with the lowest premiums we can. By using
winning discounts for over 750 trades and professions we will work
on matching renewal quotes where you are claim
free for three years.
We are part of Towergate Underwriting Group Limited, one the
largest independently owned insurance intermediaries in Europe,
which means we have access to a wide panel of products and
providers. Speak to our team on 0800 107 8949
How to buy shop insurance from YOUR Insurance
- Firstly have the following information to hand:
- How much will your shop turnover this year?
- What is the value of its contents?
- What is the value of your stock including that
stored off the premises?
- Phone us on 0800 107 4885 and let
us use our panel of insurers to tailor your very own policy.
- Ask lots of questions about the levels of
cover you need. We are happy help you understand the levels of
cover you have in place for each eventuality.
What elements of shop insurance are important to your
When buying a shop insurance policy, you should consider the
following elements which could make up the policy.
Public liability insurance
Public Liability is the bare bones of any shop insurance policy.
This covers something like if one of your customers is unlucky
enough to trip and hurt themselves in your shop.
If you run a limited company and have taken on members of staff
that aren’t direct family members to help run your shop, then
legally you have to have this in place.
You could be fined up to £1,000 a day if you don’t!
If something was to happen to your shop – such as a fire or
flooding, how long can you survive without trading?
Additionally, if your shop is in a listed building, have you
considered how this could effect the time it takes you to get up
and running again?
Contents and stock
Without your stock you cannot trade. Make sure you think through
the value of your stock and let us know to make sure it is
If you keep cash on the premises, even if you store it in a
safe, then this needs to be covered as well.
If your shop front has been vandalised, can your business absorb
the cost of repairing it?
Sarah runs a successful boutique clothing store in a popular
high street. She has managed to run the shop between herself and
the help of immediate family, but last week she hired two members
of staff. They are both going to work for her part-time as shop
assistants, which will free up Sarah’s time to get on with growing
the business. She has a shop insurance policy in place which she
took out five months ago. She is under the impression that she has
all the cover she needs –she hasn’t really given insurance a second
thought. Sarah is actually breaking the law as it’s a
legal requirement to have employers' liability insurance in place
if you employ one or more members of staff who are not friends or
As businesses grow, it is important to review your insurance
arrangements. If anything has changed with your business since
taking out your shop insurance, check with your insurer that you
are still covered.
Things to look out for
To make sure that you get the most from your insurance, you need
to make sure that you bear these things in mind when choosing your
policy and running your business:
This is applied by insurers in the event of a loss where the
insured items have not been insured for the full value.
Minimum security standards
All policies have a minimum security standard. Criteria include
protecting all ground floor or accessible windows with window locks
and ensuring that the final entry/exit door is of solid
construction and protected by a 5 lever mortice deadlock.
Theft by violent or forcible entry
When a loss occurs due to theft it is usually a condition of the
policy that entry was gained to the premises through violent or
forcible entry. For example, if a burglar gained access by breaking
a window you would be covered, whereas if they simply walked
through an open door you would not.
Damage to property in the open.
Please be aware that your shop policy will not cover you for any
stock or contents that are kept in the open. This would include
displays of your stock set up on the pavement outside your
Frozen food section
Most policies provide cover for any deterioration of foods
following the breakdown of a refrigeration unit. However there are
certain conditions which take into account the age and maintenance
of these units. It’s important to ensure that you’re familiar with