Shop Insurance

Whether you have a single shop or multiple locations, you should consider protecting your building, stock, employees and customers. All shops should consider shop insurance, we can provide quotes for the following and many others: 

• Clothing shops 
• Newsagents
• Florists 
• Jewellers 
• Bookshops 
• Bike shops 
• Giftshops 

If your shop type isn't listed, it’s likely we can still help. We can cover over 6,000 business types — start a quote online to see your options. 

Depending on the type of shop you own, you might also want to consider the following:

• Legal cover - This can help with legal fees when involved in legal action against a third party. For example, a customer claims a toy you sold them was faulty, caused harm and takes you to court. 
• Glass cover - This might be included as part of any commercial buildings insurance policy, but it’s worth checking in case damage to shop’s front windows isn’t covered. It may also be worth looking into ‘shop front’ insurance to cover damage to signs or other shop front adornments. 
• Loss of licence cover - If you run a business that is licensed to sell alcohol, this insurance will help cover you for the loss of income or drop in the value of your business because of losing your license to sell alcohol on the premises. 
• Cyber Insurance - To help protect you, if you are hacked or suffer a data breach 
• Equipment breakdown cover— Protects your business against losses if expensive equipment and machinery gets stolen or damaged by an insured event.  

When sorting your shop insurance, it’s important to check for any policy exclusions so you can take out any extra cover if necessary. Look out for the following exclusions:

• Manual work away – Shops insurance provides cover on your specific premises, so if any of your income comes from work away from the premises – say you run a showroom for fitted wardrobes and installation is part of your business – you may need extra cover. 
• Break-ins and damage to property – Your insurer will specify the security measures you need to have in place as part of your property and may not pay out on claims made for theft that have been as a result of doors or windows being unlocked. You should check your insurance documentation carefully to make sure you comply with the security required for your property.
• Serving food - If you cook and serve food from your shop, your public liability insurance should cover you for any potential illness caused by your cooking. But you may need additional insurance to cover the extra risk posed by equipment like fryers. 

Prices could start from around 82p a day*.

It’s difficult to determine your costs without speaking to a broker, this is because your business is unique and price depends on several factors, including: 

• Size - A bigger shop will usually mean bigger claims, which means higher premium prices. 
• Location – As with home insurance, the location of your shop can affect the price you pay for cover. Areas seen as a higher risk will come with higher premiums. 
• Extent of cover — The more cover you require, the more expensive your package will likely be.  
• Your insurer — Individual insurers pricing may vary, depending on your business activities, claims history and trading experience 
• Having speciality stock – If you sell valuable or specialist items, these will cost more or be more difficult to replace. This will be reflected in the price of your premium. 
• Licensing – Having an alcohol licence means your shop has additional risks involved. Insurers will charge more to cover these risks.
• Claims history — If you’ve made a previous claim on your policy or had claims made against you, it may affect your future premiums. 

_{*This price is for a shops and salons policy  – 10% of customers who were sold with one of our panel providers paid £300.23 or less annually (excluding any additional administration fees) between 01/01/25 & 31/12/2025. Equivalent to £25.02 a month or £0.82 a day (and excludes the extra costs for paying monthly). Your actual policy and price may vary depending on your business requirements.}

At Bionic, we support UK business owners. We know that a one-size-fits all insurance isn’t always the best option, that’s why we use a team of knowledgeable insurance brokers who work with a panel of trusted insurers to help you find coverage that fits your needs.   

Our UK-based team cuts through the jargon and helps business owners daily. They’re on hand to talk you through your options. Get in touch with us today by starting a shop insurance quote online now.