Insurance for fashion shops

Specialist cover, tailored to you

In the clothes and fashion industry, keeping customers happy and your stock safe is essential for round-the-year trade. There’s a lot involved in running a shop, so when it comes to insurance, you need a quick solution, with cover for your key assets all in one place. With Simply Business you can build a policy that protects you, your premises, and your customers, plus any contents and stock. It’s quick, quality cover, all in one policy.

What insurance do I need for my fashion shop?

Public liability insurance is often an important cover for fashion shops, in case someone is injured or their property damaged because of your business. Simply Business offers between £1 million and £5 million in cover, to protect you against this cost.

If you have employees, contractors, casual workers or temporary staff, you’re required by law to take out employers’ liability insurance. It’ll cover claims from employees who’ve been injured or become seriously ill as a result of working for you.

With business buildings cover, you can insure your clothes shop buildings against damage from unexpected crises, such as fire and flood. If you rent your business space, you’re unlikely to need buildings insurance – but contact your commercial landlord to make sure.

Clothes shops often keep large amounts of valuable stock on the premises, so it’s sensible to insure it separately from your contents. If it was damaged, destroyed or stolen, your shop’s stock cover would help to cover the cost price (not the resale value) of your stock.

Fashion shop insurance policy details

• Make sure you read your policy documents carefully and that you understand any exclusions that may apply
• If you employ people, you’re doing this could lead to a heavy fine
• If you rent your shop premises from a commercial landlord, check with them to see if you need your own buildings insurance
• Remember, buildings insurance doesn't cover contents – only damage to the building itself. You will need to add contents insurance

Need more details? Hear more about your business cover options from our expert team in a quick set of videos. Just choose the cover you’re interested in and get some expert insight into how each option can help your business. You can also check out our business insurance FAQs.