What Kind of Insurance Do I Need for My Gun Shop Business?
- Dec 3, 2025
- 3 min read
Gun shops face unique risks that most retail stores never encounter. High-value inventory, strict regulations, and customer safety concerns make insurance a critical part of running a firearm retail business. Without proper coverage, a single incident—such as theft, fire, or a customer injury—can financially devastate your operation.
This guide explains the essential insurance policies every gun shop should carry to operate safely, legally, and confidently.
General Liability Insurance protects your gun shop if someone is injured on your premises or if property damage occurs due to your business operations.
What It Covers
Customer slip-and-fall injuries
Property damage caused by your business
Legal fees, settlements, and medical costs
This coverage is foundational for every gun shop and often required by landlords or vendors.
If you have employees, Workers Compensation Insurance is legally required in most states.
What It Covers
Employee injuries
Medical expenses
Lost wages
Rehabilitation services
Given the environment of handling firearms, slips, lifting inventory, and machine use, this coverage is essential.
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Your inventory—especially firearms and ammunition—is extremely valuable. Commercial Property Insurance protects your building and contents from unexpected loss.
What It Covers
Firearm inventory
Ammunition and accessories
Display cases and POS systems
Furniture, fixtures, and store improvements
Damage from fire, vandalism, theft, or severe weather
This is one of the most important policies for high-value firearm retailers.
Gun shops often use specialized tools for minor repairs, cleaning, or gunsmithing activities. Tools & Equipment Insurance protects these items from damage or theft.
What It Covers
Tools used for firearm maintenance
Cleaning and inspection equipment
Portable equipment used for off-site work or events
For shops offering gunsmithing services, this coverage is especially important.
If your business uses a vehicle—whether for transporting inventory, attending trade shows, or picking up supplies—Commercial Auto Insurance is required.
What It Covers
Business-owned vehicles
Liability for accidents
Damage to the vehicle
Theft or vandalism
Personal auto policies typically do not cover business-related travel.
How Much Does Gun Shop Insurance Cost?
Most gun shop owners can expect annual costs between $6,500 and $17,000, depending on:
Shop size
Inventory value
Number of employees
State regulations
Coverage limits
Why Insurance Is Essential for Gun Shops
Gun shops face higher-than-average risks:
Theft and burglary attempts
Strict federal and state compliance rules
High-value inventory
Customer safety concerns
Liability exposure
Insurance not only protects your business financially but is often required by landlords, lenders, and certain vendors.
Wexford Insurance helps gun shop owners secure affordable, specialized policies tailored to the risks of the firearms retail industry.
Final Thoughts
Running a gun shop without the right insurance puts your entire business at risk. From liability and property protection to tools, equipment, and workers compensation, each coverage plays a critical role in safeguarding your operation.
Wexford Insurance specializes in firearm retailer insurance and can help you choose the best coverage for your specific needs.
This guide explains the necessary insurance coverages Texas gun shop owners should have to operate safely and confidently.
Contact us today.
