Antique Store Insurance Cost Guide for Business Owners
- Nate Jones, CPCU, ARM, CLCS, AU
- Jan 20
- 2 min read
Running an antique store comes with unique risks, from customer injuries to employee accidents and vehicle usage. Understanding antique store insurance costs helps business owners budget effectively and ensure their store, employees, and assets are protected. This guide breaks down typical insurance costs and what affects your premiums.
Typical Insurance Costs for Antique Stores
Insurance costs vary depending on store size, location, number of employees, and coverage limits. Here’s a rough annual range for small to medium antique stores:
Type of Insurance | Typical Annual Cost |
$500 – $1,200 | |
$800 – $2,500 | |
$1,200 – $4,500* | |
$1,500 – $3,500 | |
$400 – $1,200 |
Factors That Affect Antique Store Insurance Costs
1. Store Location
Urban areas or historic buildings often have higher property insurance rates due to fire or theft risk.
2. Inventory Value
High-value antiques or rare collectibles increase premiums because they are more expensive to replace.
3. Number of Employees
Workers’ compensation premiums depend on payroll and the number of staff. More employees usually mean higher costs.
4. Vehicles Used for Business
Commercial auto coverage is necessary if your store transports antiques. Premiums depend on vehicle type, number, and usage.
5. Safety Programs
Stores with safety procedures, security systems, and staff training may qualify for lower premiums.
How to Get an Accurate Antique Store Insurance Quote
Prepare Your Business Details – Include store size, number of employees, payroll, vehicles, and inventory value.
Decide on Coverage Types – General liability, commercial property, workers’ compensation, commercial auto, and business interruption are most common.
Work With a Specialist – Agencies experienced in retail or specialty businesses can provide accurate and competitive quotes.
Compare Policies – Look at limits, deductibles, exclusions, and premiums.
Obtain Certificates of Insurance – Required for landlords or client contracts.
Get an Antique Store Insurance Quote With Wexford Insurance
Wexford Insurance specializes in providing comprehensive insurance solutions for antique stores. We help business owners:
Get competitive quotes
Ensure employees and vehicles are covered
Protect valuable inventory and business property
