Retail insurance is designed to fit the changing face of British retail. While every store is different, your policy should cover your legal duty of care for your customers. This includes the safety of your team and the integrity of your property and any goods that you may sell.

As many smaller chains are operating on tighter and tighter margins, it can be tempting to let insurance take a backseat. Having the right policy means being protected from potentially devastating claims from customers and preventing disruption to your business.

While every owner can take steps to ensure the highest standards of safety, accidents will happen

Contents insurance: Covering your wares is essential in the event of damage, loss, or theft. This can also include business-critical items or money, both of which can be vulnerable to theft or poor handling practice.

Business interruption insurance: Any damage or required improvements can cause your store to be closed for long periods. Securing interruption insurance means that you can soften any losses and choosing to insure against common or potential risks can keep your store turning over when you need it most.

Public liability insurance: Customers or staff can easily be victim to trips, spills, or injury. Holding quality insurance can help provide coverage against the largest of claims.

Any professional operating a business that involves interacting with customers, staff, or suppliers will need professional insurance to cover their business need. Understanding your responsibilities and prioritising them correctly is essential in the modern marketplace.

This makes putting the time and effort into finding a suitable policy essential, as failing to correctly protect yourself can leave you open to sizable claims that could damage your business and potentially lead to heavy personal losses. Even if you employ one or two extra members of staff, having employers' liability insurance is a legal requirement, and the penalties can be harsh.

Treating retail insurance as a requirement rather than a priority means that you and your store will be protected in a range of worst-case scenarios, properly preparing you and your business for the years ahead.

Securing the correct coverage for your business can help you mitigate loss, damages, and other issues while continuing to operate with peace of mind.

Based on a property in postcode AB10 1AN for a Baker with a building only sum insured of £50,000, no stock or content cover taken. Annual price based on the previous criteria, monthly price is equivalent to annual price divided by 12 to give equivalent monthly price, please note this monthly price is purely for promotional purposes to display the annual cost divided by 12 months, this monthly price may not be payable monthly by direct debit if it does not meet our direct debit threshold, paying by direct debit will incur additional charges. Quoted on 01^st July 2025, including insurance premium tax but excluding any additional products, fees or upgrades, with payment taken on an annual basis. For comparison only, your premium will depend on your circumstances and the level of cover you choose. Premium may vary by post code and other risk factors. Occasionally the premium quoted may be lower than the from price due to the unique profile where it is not reflective of the type of risks used to determine the from price.