Why Antique Stores Need Specialized Business Insurance
- Nate Jones, CPCU, ARM, CLCS, AU
- Jan 20
- 2 min read
Antique stores operate differently from typical retail shops. Handling fragile, high-value items, managing customer interactions, and operating in older buildings all create unique risks. Standard small business insurance often doesn’t address these specialized needs. Specialized business insurance for antique stores ensures that your inventory, employees, and business operations are fully protected.
Unique Risks for Antique Stores
Antique stores face several specific risks that make standard insurance insufficient:
High-Value Inventory: One-of-a-kind collectibles and rare furniture can be extremely expensive to replace if damaged or stolen.
Fragile Items: Accidental damage during handling, display, or delivery can result in costly claims.
Customer Safety: Slip-and-fall accidents, trips over rugs, or crowded aisles increase liability risks.
Older Buildings: Many antique stores operate in historic or older spaces, which may be more vulnerable to fire or water damage.
These factors make it essential to work with insurers familiar with specialty retail risks.
Key Coverage Types for Antique Stores
Protects against claims from third-party injuries or property damage. It is essential for any antique store with customer foot traffic.
Covers store buildings, fixtures, and inventory from fire, theft, or vandalism. This is crucial for high-value collectibles.
Required if you have employees. Covers medical costs and lost wages for workplace injuries, such as slips or heavy lifting accidents.
Protects vehicles used for business operations like deliveries, pick-ups, or transport of antiques.
Covers lost income and ongoing expenses if your store temporarily closes due to a covered loss.
Benefits of Specialized Insurance
Tailored coverage for rare or high-value items
Protection for employees and customers
Compliance with lease or municipal requirements
Peace of mind knowing your store is financially protected
Get a Specialized Antique Store Insurance Quote With Wexford Insurance
Wexford Insurance helps antique store owners find insurance solutions that cover all unique risks. Their team provides competitive quotes and ensures your business, inventory, employees, and vehicles are fully protected.
