Why do Shop Owners need it?
We know your busy assisting your customers purchase the things they need, so leave the shopping around for your shop insurance with us. Whether it’s protection for your business assets or getting your Public Liability sorted, we’ve got shop insurance options that will give you peace of mind.
Providing cover for all kinds of shop owners, you can receive free quotes delivered straight to your inbox, without the queues or paperwork.
Did you Know?
Commercial leases often require tenants to maintain Public Liability insurance and Glass insurance. There may also be a requirement that your landlord is noted as an interested party on the insurance policy.
Insurance for Shop Owners
Some of the options to consider are:
Public Liability Insurance*
Whether you make the best pies in town or sell the snazziest suits, if you’re a shop owner then there’s always the potential for things to go wrong, resulting in a claim. Claims can arise from the daily operations of your retail business and that’s where Public Liability insurance comes into play. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured (and not covered by the Accident Compensation Commission (ACC) ) or sustain property damage as a result of your negligent business activities.
What is typically covered?
- Compensation for accidental damage to third party property
- Compensation for personal injury or death to third parties where the ACC does not provide cover
- Legal and defence costs
What is typically NOT covered?
- Injury to your employees
- Damage to your own property
- Compensation for personal injury where cover is provided by the ACC
- Unknown losses of stock only realised at a stock taking
- Known claims and circumstances
While your customers bring in the dollars, can you imagine running your business without your valuable business assets? Unforeseen circumstances can cause complete havoc to your daily business operations, potentially causing a devastating impact upon your finances.
Business Insurance is an insurance package designed to provide cover for your business contents, stock, tools and commercial premises when an insured event occurs (such as fire, storm, theft or even accidental damage).
A Business Insurance policy can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances.
Things to consider
Does your business provide professional services and advice?
In addition to providing your customers with products, if you provide professional advice or services you may want to consider Professional Indemnity insurance*.
Professional Indemnity (PI) insurance is an important form of protection for businesses that provide specialist services or professional advice. It is designed to respond to claims against your business for losses as a result of actual or alleged negligent acts or omissions in the provision of your professional service or advice. PI Insurance will also assist with the legal costs associated with responding to or managing claims which are covered by the policy.