How to Choose the Right Bridal Shop Business Insurance Limits
- 5 days ago
- 2 min read
Choosing the right bridal shop business insurance limits is one of the most important decisions you’ll make as a boutique owner. While having coverage is essential, having the right amount of coverage ensures your wedding dress store is fully protected from financial loss due to lawsuits, property damage, or employee claims.
If your limits are too low, you may pay out-of-pocket after a claim. If they’re too high, you could overpay in premiums. Striking the right balance is key.
Start With Property Insurance Limits
Your property insurance should reflect the full replacement cost of:
Wedding gowns and accessories
Veils, jewelry, and bridal inventory
Display racks and mirrors
Point-of-sale systems and office equipment
Build-out improvements and fixtures
Many bridal shops carry inventory worth $75,000 to $250,000 or more, depending on size and designer lines. Conduct a detailed inventory valuation and update it seasonally, especially before peak wedding season.
General liability insurance for bridal shops protects against customer injury claims and property damage. Standard policies often start at $1 million per occurrence and $2 million aggregate.
However, you may need higher limits if you:
Host trunk shows or large events
Lease space in high-traffic retail centers
Work with high-profile clientele
Have contractual requirements from landlords
An umbrella policy can provide additional liability protection above your base limits.
Consider Workers’ Comp and Payroll Exposure
Workers’ compensation limits are generally set by state law, but your premium depends on payroll and job classifications. Ensure your payroll projections are accurate and updated annually to avoid coverage gaps or audits.
Account for Business Interruption Coverage
If a fire or major water damage forces your boutique to close temporarily, business interruption insurance can cover lost income and ongoing expenses. Coverage limits should reflect at least 6–12 months of operating expenses, including rent, utilities, and payroll.
Review Contractual Requirements
Landlords, lenders, and vendors often require minimum insurance limits. Always review lease agreements and vendor contracts to ensure compliance.
Work With a Specialist
Insurance limits aren’t one-size-fits-all. At Wexford Insurance, we specialize in bridal shop business insurance and help boutique owners evaluate property values, liability exposure, and employee risk to determine appropriate coverage limits.
Our team compares multiple carriers to secure competitive rates while ensuring your boutique is properly protected. Don’t leave your wedding dress store underinsured
👉 Request a free bridal shop insurance quote from Wexford Insurance today for a customized bridal shop insurance quote.
