Owning a clothing store specific to adults is a risky business. Since most owners do not manufacture the products they sell they are required to put their trust in the products of other companies. While the chances of something going wrong with a product are small, obtaining liability insurance is such an important part of starting your small clothing business. With customers coming in and out there is also the very real possibility that someone may be injured on your premises.
You have many difficult hurdles to make your business a success. Obtaining the proper insurance coverage does not need to be one of them. Having the right business insurance company and agent by your side can give your company the competitive edge and the protection it needs to succeed as a long-term business.
Small business insurance for adult clothing stores is a type of specialty insurance that covers these boutiques if their business is found at fault for an accident.
Adult fashion stores see many different types of customers that put their business at risk every day. Some examples of what might be covered under a clothing store’s business insurance include:
- Theft or loss coverage in case your stock is stolen or destroyed
- Bodily injury sustained at your premises by a customer slipping and falling
- The harm done to a rented business property (rented property belonging to others)
- Employee dishonesty results in a loss to the business
- Income replacement if your business is interrupted from incidents such as a fire
While retail business insurance covers many events, there are always more specific and more effective insurance policies for different aspects of your life. Some of the things that your business insurance policy will not cover include:
- natural disasters, as well as “acts of god” like warfare
- workers compensation insurance, as well as employee life insurance
Insurance cost is impacted by a number of different elements, but can be lowered by bundling insurance packages like worker’s compensation, commercial auto insurance, and General Liability insurance together into one comprehensive package. Small Business Liability is ready to help you make the most of your potential with our clothing store insurance packages.
For more information about what Small Business Liability can provide for your business, or for a free quote, we encourage clothing store owners like you to contact us today. We’ll help your adult apparel store save thousands of dollars by educating you on how to practice good risk management, providing you with superior liability protection, and giving your store the competitive advantage it needs to stay ahead of the competition.