Liability Insurance for Antique Stores: What to Know
- Nate Jones, CPCU, ARM, CLCS, AU
- Jan 20
- 2 min read
Operating an antique store involves unique risks. From customer interactions to the handling of valuable and fragile items, accidents can happen. Liability insurance is critical for protecting your business from costly claims and legal fees. This guide explains what antique store liability insurance covers and why it’s essential for every store owner.
What Liability Insurance Covers
1. Customer Injuries
Slip-and-fall accidents are common in retail environments. Customers may trip over rugs, cords, or uneven flooring. General liability insurance covers medical expenses and legal costs if a customer sues due to injuries sustained in your store.
2. Property Damage
Accidental damage to a customer’s property while on-site is also covered. For example, if a customer knocks over a display or your staff accidentally damages a client’s item during handling or pickup, liability insurance helps cover claims.
3. Legal Defense Costs
Even if a claim is groundless, legal fees can be significant. Liability insurance provides coverage for defense costs, including attorney fees, court costs, and settlements. This ensures that your business can handle lawsuits without draining resources.
4. Product or Service Liability
Some antique stores offer restoration or consignment services. If a product or service causes damage to a client’s property, professional liability coverage (often included as an endorsement) can provide protection.
Why Antique Stores Need Liability Insurance
Antique stores often carry high-value inventory, handle fragile items, and welcome customers into tight retail spaces. A single accident can result in thousands of dollars in claims. Liability insurance ensures your business remains protected against:
Lawsuits for property damage
Legal costs from covered incidents
Getting a Liability Insurance Quote
To get an accurate quote for liability insurance, gather details such as:
Store size and location
Number of employees
Annual revenue
Inventory type and value
Previous claims history
Get a Liability Insurance Quote With Wexford Insurance
Wexford Insurance specializes in helping antique store owners secure tailored liability coverage. Our team ensures your store, employees, and customers are protected while keeping premiums competitive.
