Types of Pawn Shops we work with:

• Luxury Pawnbroker 

• Auto Pawnbroker 

• Rent to own 

• Loans and Money Services 

• Equipment Rental 

 

What does Pawn Shop Business Insurance Cover?

• Pawn Shop Business General Liability Insurance

  • This coverage protects pawn shop businesses against claims of bodily injury or property damage caused by their operations. For example, if your business causes damages to a client's property or if a third party is injured while visiting, this insurance can cover legal fees, medical expenses, and potential settlements or judgments.

• Property Insurance

  • This coverage protects pawn shop businesses own property, including tools, equipment, and inventory, against damage or loss due to events like fire, theft, or vandalism. 

• Workers Compensation Insurance

  • If you have employees you will need to carry workers compensation insurance. This policy covers work-related injuries/illnesses that your employees may sustain during their employment. Finding the right work comp for your pawn shop business is important. ​ 

• Commercial Auto Insurance for Pawn Shop Business

  • If a pawn shop business uses vehicles for business purposes or delivery, commercial auto insurance is necessary. This coverage protects against accidents, property damage, and liability claims while driving company vehicles.