Insurance By Trade
Insurance for Clothing Businesses
Clothing Businesses Insurance
So you’ve just started up a shop dedicated to one of the most popular industries in the United States and are unsure where to go next. Your boutique is running well, the location is great, and besides training employees, your startup costs and activities have gone smoothly.
The next step for business owners entering into the clothing retail industry is to obtain business insurance. Potentially the most crucial type of insurance for clothing companies to get is something called general liability insurance. For clothing stores with this kind of insurance, the risk of losing a business due to an accident that you have caused is significantly lowered.
- Commercial General Liability Insurance
- Commercial Property Coverage
- Loss of Income Coverage
- Equipment Breakdown Coverage
We will find the best coverage at the best price for your specific business and needs.
What it is Clothing Business Insurance?
Each year, countless retail businesses go under because they were caught not having the right liability coverage, or they needed to dip into business finances to pay off accident claims.
Having a competent insurance agency and an all-encompassing general liability insurance policy will save your company from losing assets and income in the case of an accident.
Small Business Liability has helped thousands of business owners, some of which are in the clothing business, get the coverage they need to continue their dream job safely.
5 Best Reasons to Get Clothing Business Insurance
Protect Your Reputation
Insurance protects against employees misrepresenting your company.
Plan For The Future
Insurance protects against unforeseen risks.
Vital protection in a litigious society.
Prevent Financial Ruin
Insurance helps your business survive disaster.
Get Peace of Mind
Insurance protects the little guy
About Insurance for Retail Businesses
There are many types of insurance businesses must think about. Some of the most typical plans include a business owners policy, workers compensation insurance, property insurance, and commercial auto insurance. Although more specialized policies can be added on, the most important thing to remember about all these policies is that none of them cover the same thing.
If your business is looking for one particular insurance policy that protects one particular kind of store, the best place to start is with a solid general liability policy.
This type of insurance coverage keeps your clients and third parties safe, should your clothing company ever be considered at fault for causing an accident. Claims that are typically covered by liability insurance include:
Bodily injury and the medical bills that are charged as a result
Product liability in the event that your company sells a faulty product
Property damage, including commercial property you rent to sell your clothing
Non-physical liability claims, such as damage that affect the emotions or reputation of a client or third party
Customer property or information thay may be lost or mishandled during a data breach
What it does not include is
There are many reasons why some real estate agencies think that liability insurance is just a waste of money. Here are just two of them:
Workers compensation insurance for your employees
Inurance protection against natural disaster
Business interruption insurance
Commercial auto insurance
Help Me Protect My Small Business!
With these details in mind, it will be that much easier to save money on these separate insurance policies by working with our company to create a policy bundle for your retail store. It might seem complicated, but you’ll ultimately be protecting your business income and equipment, as well as practicing good risk management by working with a dedicated insurance agent for your coverage.
Ask Us Now!
Small Business Liability is a team of competent, focused, and compassionate insurance agents who help retail stores set liability limits that work for them. For more information about the services we provide, or to get started with our line of business insurance products, please contact us today! We’ll provide all the information you need to make the most informed decisions regarding your boutique’s livelihood.
Benefits of get insured by
Small Business Liability.com
Small Business Liability.com have created a comprehensive guide to the insurance required before starting a business for each of the specific professions listed below.
If you have any questions, we are staffed with experts in the insurance field willing to help.
With our expertice we can guide you to the right coverage for your business.
We know your time is really thight, but you can set up a call at any time, we are 24/7.