Shops

Employers’ liability insurance can compensate your business if an employee becomes injured or ill as a result of their work. Your policy can also cover the legal costs incurred in defending a claim.

Employers are responsible for the safety of their employees during work and at the workplace. An employers’ liability insurance policy is legally required for almost all UK businesses that have employees, with very limited exceptions. Failure to have this type of insurance can result in costly fines. If you are in any doubt about whether your business legally requires this policy, please contact us.

Public liability insurance covers your business for legal defence and compensation costs following an accident or incident resulting in third-party injury or loss.

With this type of insurance, your business is protected against claims made by members of the public for alleged injury or even fatality related to your business activities. This could range from a customer tripping or slipping on your premises to serious health and safety issues.

Businesses of any size can take out this insurance. Without it, you could be liable for the costs of defending and settling claims made against your business.

Product liability insurance protects against claims if a product you sell causes injury or damage to a customer or their property.

If a customer is harmed by a defective or faulty product from your store, this insurance covers legal fees and compensation costs, helping safeguard your business from costly claims

Stock insurance for shop owners and retailers covers the cost of replacing goods if they’re damaged, lost, or stolen due to incidents like theft, fire, or flooding. This insurance helps protect your business from the financial impact of unexpected stock losses, allowing you to recover quickly and keep trading

It’s important to note some stock is classed as high risk or attractive stock. As an example; you own a small shop that sells groceries, snacks, and everyday household items, but you also sell alcohol and cigarettes. Alcohol and cigarettes in comparison to snacks have a higher chance of theft, so would be deemed high risk,

Do you own the building or lease it? If you’re leasing the property then it is worth checking in with your landlord to make sure they have buildings and contents insurance needed.

If you own the property buildings insurance is essential. Fires, floods, and water leaks can quickly cause damage or injury. It can be costly and time-consuming to repair or rebuild, especially if a third-party vehicle is involved or if a neighbour’s tree has fallen and damaged your property.

Contents insurance covers the fixtures and fittings in your property for claims arising for damage, theft, fire, flood etc…

Business interruption insurance helps retailers and shop owners cover lost income if they can’t operate due to events like fire, flood, or theft. This coverage supports ongoing expenses—like rent, wages, and utilities.

It compensates for lost profits while repairs or rebuilding take place. It’s essential for maintaining financial stability and resuming normal operations quickly after a disruption.