A fire that destroys sofas, beds, and other inventory could devastate your shop. Furniture store insurance provides financial protection against property damage, lawsuits, and injuries.
These policies cover the most common risks of owning a furniture store.
A business owner's policy, or BOP, is a cost-effective way for furniture stores to buy general liability insurance and commercial property insurance together.
General liability insurance covers common third-party risks, such as a customer who trips over an end table on display and sues your furniture store.
Most states require workers' comp for furniture stores that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy helps furniture and home decor stores survive data breaches and cyberattacks. It's recommended for any shop that handles credit card numbers or other sensitive information.
Commercial umbrella insurance boosts coverage on your furniture store’s general liability, employer’s liability, and commercial auto insurance once the policy limit is reached.
Commercial auto insurance is usually required for business-owned vehicles. It covers costs if a furniture store's delivery truck or other vehicle gets into an accident.
Furniture stores typically have a lot of inventory on hand, which means your shop might not recover from a fire or burst pipe. A customer injury could also harm your business. Furniture store insurance provides peace of mind and financial protection against property damage, medical expenses, and lawsuits.