Retail Clothing Store and Boutique Insurance
Types of Insurance
Add-Ons and Bundles
FAQ
Common Types of Retail Clothing Store and Boutique Insurance
Commercial General Liability Insurance
Coverage for common risks.
Includes
- Customer-sustained injuries
- Damaged customer property
- Advertising injuries
Typical Cost & Factors
- $400-$800 per year
- Depends on coverage needs, staff size
Commercial Property Insurance
Commercial Property InsuranceCoverage for risks to property.
Includes
- Fires and water damage
- Vandalism and break-ins
- Damage to merchandise and inventory
Typical Cost & Factors
- $600-$1000 per year
- Depends on value of property
Workers’ Compensation Insurance
Workers’ Compensation InsuranceCoverage for employee injury.
Includes
- Medical bills for job-related illness or injury
- Wage replacement during recovery time
Typical Cost & Factors
- $700-$1400 per year
- Depends on number of workers, level of occupational risk
Additional Types of Retail Clothing Store and Boutique Insurance
Business Interruption Insurance
Coverage for temporary inoperability.
Includes
- Lost income from inability to meet sales goals
- Employee salaries
Typical Cost & Factors
- $500-$1000 per year
- Depends on revenue, property, and industry risks
Crime and Theft Insurance
Crime and Theft InsuranceCoverage for criminal activity.
Includes
- Check fraud
- Shoplifting of inventory
- Cash register content theft
Typical Cost & Factors
- $800-$1100 per year
- Depends on high-value items, number of employees
Add-Ons
Utility Interruption Coverage
A Utility Services Exclusion found in many Commercial Property Insurance plans means that without this coverage, you will not be compensated in the case of a power outage resulting from something outside your business, like a knocked power line.
Equipment Breakdown Coverage
Vital machinery from cash registers to security sensors can be damaged by power surges or mechanical breakdown, which are often not included in, but can be added to, Commericial Property Insurance coverage.
Extra Expense Coverage
After properties have experienced a physical loss, like a natural disaster, Commercial Property Insurance may cover the costs to repair the location, but will not cover the costs of moving to a temporary location to keep business running without Extra Expense Coverage.
Bundles
Many insurance plans are commonly bundled together for simplicity and a cheaper rate.
Business owner’s policy (BOP)
A popular option for small businesses like clothing boutiques that combines Commercial General Liability insurance with Commercial Property insurance, usually at a cheaper price than if the two were purchased separately.
Frequently Asked Questions
Do we insure people with many claims?
Yes! We have select carriers for people who have many claims or a bad record.
What payment methods do we accept?
Payments through a mortgage, direct billing through mail, EFT (Bank Account), debit and credit cards.
How can I file a claim?
We strongly recommend calling us before the insurance carrier directly about a claim. You may not want to file a claim depending on your insurance plan. However, we will assist you in filling a claim the best way to make sure you take the least amount of damage possible to your insurance score. After talking with us, you can call the insurance carrier or let us call them for you.
If you can’t find your answer here, please don’t hesitate to ask a representative through our messaging system or email.