Due to their rising popularity, consignment and thrift stores face more business risks than ever, including lawsuits. Shield your small business with affordable consignment shop insurance policies.
These policies provide coverage for the most common risks thrift stores face.
This policy bundles commercial property and general liability insurance in one plan. A BOP is often the most cost-effective type of commercial insurance for secondhand stores.
This policy covers common thrift store risks, such as a shelf collapsing and injuring a customer. Bundle with property insurance for savings in a business owner’s policy.
Most states require workers' comp for thrift and consignment stores that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
Once a thrift shop reaches its policy limit, umbrella insurance (or excess liability insurance) boosts coverage on general liability, employer’s liability, or commercial auto insurance.
Commercial auto insurance is usually required for business-owned vehicles. It covers the costs of accidents involving a thrift store's truck or other vehicle.