Your customers often need to play instruments before they know which one to buy. That means high risks for your small music shop. Business insurance helps cover costs when a customer drops a guitar, or trips over equipment in your store. Some policies, like workers' comp, are required by law.
These insurance policies cover the most common risks of music stores.
A business owner's policy, or BOP, is a cost-effective way for music stores to buy general liability coverage and commercial property insurance together.
A general liability policy covers basic third-party risks, such as a customer who sues your shop after tripping over an audio cable. Combine it with property coverage in a BOP for a discount.
Most states require workers' comp for music stores with employees. It also helps sole proprietors pay for medical bills from work-related injuries, which health insurance could deny.
Cyber liability insurance helps music stores recover from data breaches and cyberattacks. It's strongly recommended for any business that handles credit card numbers or other sensitive information.
This type of coverage boosts the policy limits on a music store's general liability, commercial auto, and employer’s liability insurance.
Commercial auto insurance covers the cost of accidents involving your musical instrument store's van or other vehicle. Each state has its own requirements for auto liability coverage.
It's easy to get insurance protection for your music store if you have your company information on hand. Our application will ask for basic facts about your shop, 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. carriers to find coverage that matches the unique risks of the retail music industry, whether you work independently or hire employees.