The combination of foot traffic and valuable inventory means high risks for electronics stores. A customer could trip over a display of HD TVs, or sue over data loss due to a damaged hard drive. Small business insurance safeguards your shop against theft, fires, legal costs, and medical bills.
These insurance policies cover common risks faced by electronics stores.
A BOP bundles general liability coverage and commercial property insurance in one plan. It's often the most cost-effective type of insurance for computer and electronics retailers.
A general liability policy covers basic third-party risks, including accidents that harm customers or damage their property. Bundle it with commercial property insurance for savings in a business owner's policy.
Most states require workers' comp for computer and electronics stores that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy helps computer and electronics stores survive data breaches and cyberattacks. It's recommended for any shop that handles credit card numbers or other sensitive information.
Umbrella insurance (similar to excess liability insurance) boosts coverage on general liability, employer’s liability, and commercial auto insurance policies once the policy limit is reached.
Most states require commercial auto insurance for business-owned vehicles. This policy covers accidents involving a computer shop's delivery van or other vehicle.
It's easy to get electronics retailer business insurance if you have your company information on hand. Our application will ask for basic facts about your store, 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 your computer and electronics store, whether you work independently or hire employees.