Why Gun Stores Need Liability and Property Insurance Coverage
- Nate Jones, CPCU, ARM, CLCS, AU
- 7 hours ago
- 2 min read
Owning and operating a gun store comes with significant risks. From customer injuries to inventory theft, firearm retailers face exposures that can jeopardize their business. That’s why having liability and property insurance coverage is critical for protecting your store, employees, and customers.
Liability Insurance: Protecting Your Business from Claims
General liability insurance is essential for gun stores because it covers legal costs and damages arising from:
Accidental injuries on your premises
Property damage caused by your operations
Third-party claims related to your products
For firearm retailers, liability coverage is especially important due to the inherent risks associated with selling firearms and ammunition. Without it, a single claim could result in substantial legal fees and financial loss.
Property Insurance: Safeguarding Your Inventory and Assets
Gun stores often carry high-value inventory, including firearms, ammunition, and accessories. Property insurance protects your store from losses due to:
Fire, theft, or vandalism
Natural disasters like storms or floods (where applicable)
Damage to equipment, safes, or other business property
This type of coverage ensures that your investment in inventory and equipment is protected, allowing your business to recover quickly after a loss.
How to Get the Right Coverage
Assess Your Risks: Determine the value of your inventory, store location risks, and potential liability exposures.
Consult Specialized Providers: Gun stores have unique insurance needs. Wexford Insurance specializes in firearm retailer coverage and can help you select the right policies.
Request a Quote: Getting a quote online is fast and easy. Wexford Insurance provides customized coverage that addresses both liability and property risks.
Review Policy Details: Ensure your policy includes appropriate coverage limits and protects against exclusions that could leave your store exposed.
Why Choose Wexford Insurance
Wexford Insurance offers tailored insurance solutions for gun stores, providing both liability and property coverage designed to meet the unique needs of firearm retailers. Protect your business, employees, and inventory with a policy that fits your risks. Request a free gun shop insurance quote from Wexford Insurance.
