Insurance Cost for a Gun Store in 2026: Pricing Guide
- Nate Jones, CPCU, ARM, CLCS, AU
- 6 hours ago
- 2 min read
Running a gun store in 2026 means understanding not just regulatory requirements and operational costs, but also how much insurance for your firearm shop is likely to cost. Given the unique liability and property risks firearm retailers face, insurance costs can be higher than for typical retail businesses — and depend heavily on the size of your inventory, location risk factors, and the coverage limits you choose.
Typical Annual Insurance Costs for Gun Stores
Industry benchmarks for gun shop insurance in 2026 suggest premiums can vary widely depending on policy types and risk exposure. Annual insurance premiums for a gun store typically fall within these ranges:
General Liability Insurance: $1,000 – $3,000+ per year
Commercial Property Insurance: $1,500 – $4,000+ per year
Workers’ Compensation: $2,000 – $5,000+ annually depending on staff and state rules
Commercial Auto Insurance: $1,500 – $3,500 per vehicle each year
These figures don’t include specialized policies like product liability or business interruption insurance, which many gun stores add due to the unique risks associated with firearms retail. When combined, total annual insurance costs for firearm shops often range roughly between $6,500 and $17,000 — and they can be higher for larger retailers or those offering additional services like gunsmithing or ranges.
What Influences Your Premium in 2026
Several factors will influence your insurance costs:
Location and Crime Risk: Stores in higher‑crime or urban areas generally pay more for property and liability coverage.
Inventory Value: Higher inventory values mean higher potential loss, which boosts premiums.
Claims History: A clean claims record often leads to lower rates.
Security Measures: Burglar alarms, safes, and surveillance systems can reduce your costs.
For benchmark insights beyond firearm stores, general liability for small retail businesses has been estimated at around $41–$100 per month (~$500–$1,200 annually) for basic coverage — but gun shops typically sit at the higher end of retail risk due to firearms liability.
How to Get a Precise Quote
The best way to understand your actual insurance cost for 2026 is to request a customized quote based on your specific business profile. Wexford Insurance specializes in firearm shop coverage, including gun store business insurance that matches your risk profile and budget. Their team can tailor policies and help you compare cost options quickly.
