Furniture Store Insurance
Furniture Store Insurance Designed for You
You’re dedicated to filling your store with beautiful furniture your customers will love. But who’s helping you protect everything inside your business? Get furniture store insurance you can depend on to keep your business booming.
What Is Insurance for Furniture Stores?
Insurance for furniture stores helps protect against various claims and risks. Furniture store owners face risks during normal business operations. From customer injuries to property damage in your warehouse, these kinds of risks can significantly impact your furniture store. That’s why business insurance is important.
Getting different types of furniture store insurance can give your business well-rounded protection. We can help you get the right insurance coverages made for protecting your business. Whether you have questions about insurance for furniture stores or need help filing a claim, we’ve got your back.
Who Needs Furniture Store Insurance?
- Furniture distributors
- Cabinet stores
- Furniture stores
- Furniture and fixture installers
- Office furniture distributors
- Drapery stores
- Lamps and lighting fixture stores
- Clock stores
What Kind of Insurance Does a Retail Furniture Store Need?
Business Owner’s Policy (BOP)
Many companies start with a Business Owner’s Policy (BOP) for their furniture store insurance needs. A BOP combines three essential types of coverage to help cover claims and protect your furniture store from financial loss. This includes:
General Liability Insurance
This helps cover claims that your furniture store caused bodily injury or property damage to others.
Commercial Property Insurance
This helps protect your owned or rented building, tools, equipment, and inventory that you use to operate your furniture store.
Business Income Insurance
Also known as business interruption insurance, this helps replace lost income if you can’t operate your furniture store because of covered property damage.
Additional Coverage Options
Furniture store owners may also need to get other types of coverage for more protection, such as:
Workers’ Compensation Insurance
This helps employees recover from a work-related injury or illness. It can help cover medical expenses and replace lost wages.
Commercial Auto Insurance
This can protect you and your employees on the roads while driving a company-owned vehicle for business.
How Much Is Furniture Store Insurance?
Our customers paid an average of $85 a month for a Business Owner’s Policy. However, furniture store insurance costs vary because every business is unique and has different needs. To determine costs, insurance companies look at various factors, which can include:
- Location
- Claims history
- Industry
The best way to find out your furniture insurance cost is to get a quote.
Protecting Your Furniture Store Property
A fire breaking out in your furniture store or warehouse can significantly impact your operations. Whether it’s damage from a fire, storm, or theft, having the right type of insurance for furniture stores can play an essential role in protecting your business.
Water Damage
Commercial property insurance helps protect your owned or rented inventory. If something gets damaged, this can help cover the costs for repairs or replacements.
Franchise Rules
Our Franchise Upgrade coverage helps pay for additional costs your furniture store may face when repairing, rebuilding, or replacing damaged property in order to meet your franchise requirements.
Covering Your Furniture Store Operations
We know it takes hard work and a lot of time to run a furniture store. That’s why we offer furniture store insurance coverage to give you peace of mind and protect your business from common risks.
Warehouse Fire
Business Income from Dependent Properties coverage can help replace lost income if you can’t operate your furniture store because a vendor you depend on suffered property damage.
Stolen Personal Information
Data breach insurance can help your furniture store respond to a breach if personally identifiable information (PII) gets lost or stolen. Some insurance companies call this coverage cyber liability insurance.
Protecting Your Furniture Store Team
Your employees are key to a successful furniture store business. If they get hurt or sick from their job, furniture insurance can help them recover and get back to work sooner.
Sprained Back
Workers’ comp insurance gives your employees benefits to help them recover from a work-related injury or illness. It can help cover ongoing care costs and lost wages.
Delivery Accident
Commercial auto insurance can help cover property damage and bodily injury claims if you or an employee gets into a car accident while driving a business-owned vehicle.
