If a customer trips over a display of art supplies or model kits and suffers an injury, the resulting legal costs could shutter your business. Gain peace of mind and protection against unexpected costs with policies designed for the unique risks of art and hobby supply stores.
Shops that sell arts, crafts, and hobby supplies often buy these policies.
A business owner's policy, or BOP, is a cost-effective way for art supply shop owners and hobby store owners to buy general liability coverage and commercial property insurance together.
General liability insurance covers common third-party risks, such as a customer who trips over a display rack at your hobby shop and files a lawsuit over their injury.
Most states require workers' comp for arts and crafts stores that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy helps art, craft, and hobby supply stores survive data breaches and cyberattacks. It's recommended for any business that handles credit card numbers or other sensitive information.
Commercial umbrella insurance boosts coverage on your art supply shop’s general liability, employer’s liability, or commercial auto insurance once the policy limit is reached.
This policy covers accidents involving your van or other vehicle used to transport arts, crafts, and hobby supplies. Each state has its own requirements for auto liability insurance.
It's easy to get business insurance for your art and hobby supply store if you have your shop's information on hand. Our application will ask for basic facts about your business, such as revenue and number of employees.
You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed insurance agents work with top-rated U.S. providers to find the right insurance coverage for shops that cater to artists, crafters, and hobbyists, whether you work independently or hire employees.
Product liability insurance is a must-have for hobby shops, arts and crafts suppliers, and wholesalers and distributors. That's because every business in the supply chain can be held liable for injuries and damages caused by a defective product, even when you didn't design or make the product.
This coverage can help pay for harm caused by:
This coverage is typically included in your general liability insurance. Along with carrying the right insurance, it's recommended to reduce your product liability risks to avoid these kinds of lawsuits. If a product causes an injury or damages a customer's property, you could be forced to pay hundreds of thousands of dollars in legal costs.
Shoplifting is a common occurrence at art and hobby shops, which is why it's important to make sure you're protected. Commercial property insurance covers the cost of burglaries and theft at your shop, in case a customer makes off with valuable trading cards, or smash-and-grab thieves target your business.
Employee theft is another concern. For that, there's commercial crime insurance, which provides reimbursement if an employee steals inventory, forges your signature, or makes off with computers or other business equipment. You can typically add this coverage to your property policy or BOP.
In addition to carrying insurance, it's important to take steps to prevent theft, such as by installing an alarm system and cameras.
For complete coverage, you'll want to consider a few other policies that protect against specific risks:
Our licensed agents can help you find the right coverage for your risks.