Shop Insurance
Tailored Insurance Protection for Your Retail Shop
As a shop owner, you manage valuable stock, serve customers daily, and oversee staff—all while ensuring that your business runs smoothly. However, unexpected risks like theft, accidents, or property damage can disrupt your operations. At ABA Insurance, we offer comprehensive Shop Insurance that’s designed to protect your retail business from these risks, so you can focus on growing your shop with peace of mind.
What You Get
Liability
Fleet
Plant
Professional Indemnity
Legal
And more…
What Is Shop Insurance?
Shop Insurance is a tailored insurance package designed to protect retail businesses from the various risks they face daily. Whether you run a high street shop, boutique, or an online retail business, the challenges are vast—from safeguarding stock and equipment to dealing with public liability claims. ABA Insurance offers comprehensive shop insurance solutions that ensure your business is protected against the unexpected, helping you focus on growing your business with peace of mind.
Why Retailers Need Specialised Shop Insurance
Running a retail shop means managing valuable stock, interacting with customers, and ensuring the smooth operation of your store. These responsibilities come with a wide range of risks that standard business insurance policies may not fully cover. Shop Insurance ensures that every part of your business, from your physical premises to your stock and customers, is protected. Here’s why it’s essential:
Stock and Contents Protection
Your shop’s stock is the core of your business. Whether you sell clothing, electronics, jewellery, or other goods, your inventory represents a major investment. Theft, fire, or accidental damage can result in significant financial loss. Stock insurance ensures that your business can recover the value of damaged or stolen goods, whether they are in the store or in transit.
Public Liability Insurance
Retail shops are visited by customers daily, which increases the risk of accidents, such as slips, trips, or property damage. Public liability insurance covers your business if a customer or visitor is injured or if their property is damaged while on your premises. For example, if a customer slips on a wet floor, public liability insurance protects you from legal claims and compensation costs.
Employer’s Liability Insurance
If your shop employs staff, whether full-time, part-time, or even temporary workers, employer’s liability insurance is a legal requirement. It protects your business against claims from employees who may suffer injuries or illnesses as a result of their work. From accidents in the stockroom to health issues related to working conditions, employer’s liability insurance ensures that you’re covered against employee claims.
Business Interruption Insurance
If your shop experiences an event such as fire, flood, or a major incident that forces you to close temporarily, business interruption insurance protects you from loss of income during that period. This ensures that you can continue to pay rent, staff wages, and other operating costs while your shop is being repaired, helping you get back on your feet without financial strain.
Commercial Property Insurance
Whether your shop operates from a leased building or you own the premises, protecting the physical location is essential. Commercial property insurance covers your building, its contents, and any equipment from risks such as fire, theft, or vandalism, ensuring that your shop can recover quickly if something goes wrong.
What Makes Us Different
We are specialists in the Construction Industry. We have the expertise and knowledge to get your business the most comprehensive and competitive insurance solution. We add value to your business by working closely with you, helping protect your business from financial loss, all while delivering a seamless easy experience.
Common Challenges Retail Businesses Face When Securing Insurance
Retail shops face a variety of challenges when it comes to finding the right insurance coverage. These include:
High-Value Stock at Risk
Many retail businesses hold large amounts of stock that can be worth thousands of pounds. Protecting this valuable inventory from theft, damage, or fire is essential, but some insurers may offer limited coverage, leaving your business exposed.
Frequent Public Interactions
With customers visiting your shop daily, the chances of accidents or property damage are high. Without sufficient public liability cover, your business could face costly legal claims and compensation payouts if someone is injured on your premises.
Managing Multiple Policies
With various risks, such as stock, employee safety, and property damage, managing different insurance policies can become complex and time-consuming for shop owners.
How ABA Insurance Solves These Problems
At ABA Insurance, we offer Shop Insurance solutions tailored to the specific needs of retail businesses. Here’s how we address the challenges faced by shop owners:
Comprehensive Stock and Contents Cover
We offer flexible stock insurance that covers your entire inventory, whether it’s stored in your shop, in transit, or in a warehouse. Our policies ensure you’re fully protected against theft, fire, or accidental damage, so you won’t be left out of pocket if something goes wrong.
Full Public and Employer’s Liability Coverage
Our public liability and employer’s liability coverages ensure that your business is protected from legal claims and compensation costs, whether they’re from customers or employees. With us, you’ll have the peace of mind that your business is protected from potential lawsuits.
All-in-One Shop Insurance Packages
Rather than managing multiple policies, we offer a single, comprehensive shop insurance package that covers all aspects of your business—from stock and liability to commercial property and business interruption. This saves you time, reduces paperwork, and ensures that nothing is overlooked.
Key Components of Shop Insurance
Stock Insurance: Protect Your Shop’s Core Assets
Your stock is the heart of your business, and any loss or damage can impact your ability to trade. Our stock insurance ensures you’re covered for theft, fire, or accidental damage, whether the stock is in your shop, warehouse, or in transit. You can choose coverage limits that reflect the value of your inventory, ensuring your business is fully protected.
Public Liability Insurance: Essential Protection for Customer Interactions
With customers constantly on your premises, accidents can happen. Public liability insurance covers claims made by customers or visitors who may be injured or have their property damaged while in your shop. This cover ensures that your business is protected from legal fees, compensation claims, and reputational damage.
Employer’s Liability Insurance: Safeguarding Your Team
As an employer, you’re legally required to protect your staff. Employer’s liability insurance covers any claims made by employees who are injured or become ill as a result of working for you. This can range from slips and trips to repetitive strain injuries or health conditions caused by working conditions.
Commercial Property Insurance: Securing Your Shop’s Premises
Whether you own or lease your premises, commercial property insurance protects the physical space of your shop, as well as its contents and equipment. This covers damage caused by fire, theft, flooding, or vandalism. Protecting your shop ensures that you can recover quickly from any major incident without suffering from financial losses.
Business Interruption Insurance: Keeping Your Shop Running
If an event forces you to close temporarily, business interruption insurance covers lost income and helps you meet your financial obligations. From paying rent to covering wages and bills, this insurance ensures that your shop can weather the storm and resume trading as soon as possible.
Your New Partner for Shop Insurance
At ABA Insurance, we understand that every shop is different, and that’s why we offer tailored insurance packages designed to meet the specific needs of your business. Our team of experienced insurance specialists works closely with you to create a policy that covers every aspect of your shop, giving you the peace of mind that your business is fully protected.
Why Choose ABA Insurance?
Tailored Coverage
We design bespoke insurance packages based on your shop’s size, stock, location, and specific risks, ensuring you get the exact cover you need.
Expert Advice
Our experienced team provides expert advice and guidance, helping you navigate the complexities of business insurance.
Easy Claims Process
In the event of a claim, we handle the process quickly and efficiently, minimising disruption to your business.
Competitive Premiums
We work with top insurers to offer competitive premiums, ensuring you get the best value for your money while still receiving comprehensive cover.
Client Testimonials
I cannot recommend this company highly enough. I have been a customer since April 2018 and the service I have received is outstanding. The staff are friendly and extremely helpful. Nothing is too much trouble. I would just like to say an extra thank you to Isabella for her customer service and commitment
Chris Baker
CEO/ Founder
Your Questions Answered
How do I know what level of cover I require?
Speak to one of our expects today who can guide you through understanding the levels of cover limits you may require. Call 01474 833 322.
What does Public Liability actually cover?
In short, this covers any damage you cause to any Third Party Property &/or Persons.
What does Professional Indemnity actually cover?
In short, this covers any claim that can come from any losses you may have caused your client or third party caused by the negligence of your professional services & advice you offer.
What is the difference between (BFSC) and (LOSC)?
A Bonafide Subcontractors is a supply and fit contractor that provides their own tools and materials. A Labour Only Subcontractor is pretty much an employee who you pay on a day rate and is under your supervision, direction & control.
What does Contractors All Risk actually cover?
Also referred to as Contract Works, this covers any damage/losses to your works in progress (on going works).
How can I get a quote from you?
Simple call us on 01474 833 322 and one of the team will assist you through a quick and easy experience.
Who do I contact if I have questions?
If you already have a policy with us, you can contact your account manager or alternatively call us on 01474 833 322 and a member of the team will be happy to help.
Why should I choose ABA Insurance?
We are a specialist brokerage within the Construction and engineering industry which means you only deal with a broker that understands your business. We advise on the best insurance solutions to help you in every way possible from advice, claims handling to any questions throughout your policy.
Who will deal with me at renewal?
The same person you delt with at the start. Our team want to make sure they know you and your business inside out. They are dedicated to you from new business all the way through to your renewal.
One Point Of Contact, Countless Ways To Help.
Get Your Personalised Shop Insurance Quote Today
Don’t leave your shop exposed to the unexpected. Contact ABA Insurance today for a personalised shop insurance quote, and let us help you protect your business, stock, staff, and customers. With our comprehensive coverage, you can focus on growing your retail business, knowing that every risk is covered.
