Shop Insurance

Help protect your retail business with shop insurance and cover against accidents and unexpected legal claims. Get a quote with Bank of Scotland today.

Insurance solutions from Gallagher

Insurance solutions from Gallagher

Bank of Scotland Business Insurance Services are arranged and administered by Arthur J. Gallagher Insurance Brokers Limited. When getting a quote online you will be taken to Gallagher’s online site with a new privacy and cookie policy.

Get a quote for Shop Insurance

Get a quote for Shop Insurance

Quotes from a panel of insurers.

Get a quote

What does Shop Insurance cover?

Shop insurance covers various important elements for running a retail business. It can protect you against common risks and legal action, including cover for your premises, contents and stock, employees and customers.

Public Liability

Public Liability

If a customer or supplier is injured or their property is damaged on your premises, public liability insurance can protect your business if they make a claim. It can provide cover for legal fees and compensation. 

Employers’ Liability

Employers’ Liability

Employers’ Liability insurance is a legal requirement for most businesses with employees, protecting employees if they get injured or become ill from working for your retail business. Employers’ liability insurance cover can cover damages, compensation and legal fees for anyone you employ that seeks a claim against your business.

Buildings Insurance

Buildings Insurance

If you own your business premises or are required by the lease, buildings insurance can provide financial protection against damage from an insured event. This may include fires, flooding, subsidence and vandalism.

Legal Expenses

Legal Expenses

Legal expenses cover can help cover the cost of solicitor fees and defence against legal action in court.

Stock and Goods in Transit

Stock and Goods in Transit

Stocks and goods can be protected if they’re damaged or lost on the way to or from your premises. 

Business Interruption

Business Interruption

If your retail business sees an unexpected insured accident or event, such as a fire or flood, it may need to close or reduce its open hours. Business Interruption can cover insured costs incurred from lost income.

Keep in mind

Keep in mind

Insurance covers are subject to the individual terms, conditions and exclusions of the insurer providing them. Always review the policy documentation supplied during the quote process to ensure you have the cover you need.

Need advice? Speak to an Insurance specialist

Need advice? Speak to an Insurance specialist

Call 0345 377 0001

Lines are open 9am to 6pm Monday to Friday excluding bank holidays.

Request a call back

Do I need shop insurance?

Shop insurance offers comprehensive cover for your business. It can help protect you from an unexpected event that leads to a claim made by a customer, insured events and expensive legal costs that would otherwise come out of your pocket. If your retail business consists of more then one person, you could be legally required to have employers’ liability insurance.

You should consider shop insurance if your retail business has the following:

  • Stock for sale
  • Money kept on the premises 
  • Customers visit the shop
  • Visiting customers at their home or business
  • Repairing items for customers
  • You own the business premises or are required to insure the building by lease contract.
  • Contents and equipment. 

How much shop insurance do I need?

How much shop insurance cover you require can depend on the type of business you run and the potential risks involved. The range of cover can vary, as well as the cost.

Consider the: 

  • Nature of your business 
  • Value of your stock at cost
  • Size and location of your building 
  • Daily business operations, including stock transit, number of employees, value of your contents and any frequent suppliers that deliver to your premises.

Shop insurance for online retail businesses

An online retail shop may still require employers’ liability insurance if you employ anyone to assist you. You may also want to consider shop insurance cover if you:

  • Carry stock at risk of theft or damage 
  • Own a business premises for your online shop, or the building lease requires buildings insurance.

Why get shop insurance?

Shop insurance is cover for helping to protect your business should the worst happen or an accident occur. Flooding, fires, theft or loss of stock may put the health of your business at risk if you are unprotected, recovering the cost of damages yourself.

Shop Insurance helps your business stay on its feet in case of unforeseen events.

How much does shop insurance cost?

The cost of shop insurance premiums can vary from business to business, depending on a variety of factors. 

How many staff you employ and how large your retail premises is can affect how much cover you may need. For example, a larger warehouse with lots of employees is likely to cost more to insure than a small coffee shop.

If your business has large volumes or expensive stock, such as clothing or electronics, or you keep a lot of money on the premises, you may require a higher cover limit to protect your assets.

Does shop insurance include stock and takings?

Shop insurance can cover stock and contents kept at your business premises. Your policy can also protect goods and stock while in transit. This may cover important stock as it travels to and from your retail premises with a supplier, on a delivery, or awaiting collection. 

You can tailor your insurance policy to include theft or loss of money to ensure cover for both stock and takings. 

Other products

Retrieve a quote

Log on to your account to retrieve your quote.

Get in touch

Call 0345 377 0001

Lines are open 9am to 6pm. Monday to Friday, excluding bank holidays.

Existing customers 

Contact numbers for all your queries including details for making a claim.