How does insurance for bridal & wedding shops work?
No quibble cover for bridal and wedding shops
Ultimately bridal and wedding shop insurance is simply an insurance package designed specifically for bridal stores. The package consists of a range of core and add-on covers which can be tailored to your wedding businesses needs. As a bridal and wedding shop owner, you will be open to the public and will work direct with people which presents risks that need to be considered.
You’re in the business of arranging that perfect attire for your customer’s big day. Giving you a great level of responsibility, the important wedding garments you stock can be costly so keeping them safe and protecting them should the worst happen makes sense. Within your shop there may be conditions which pose risks to customers. If it’s raining outside customers can often cause water on the floor which can inadvertently cause a person to slip and fall, or you may have a display that has become unsecured causing it to fall over and injure someone. These risks and more can be managed with a Bridal and Wedding Shop Insurance policy which will help protect your financial security if you are faced with a liability claim for damage or injury if something goes wrong in your store.
That’s why our business insurance policies are designed to be flexible, allowing you to put together a bespoke Bridal and Wedding Shop insurance package which gives you all of the essential cover you need in one simple business insurance policy.
What your bridal shop insurance policy includes
Buildings and Contents cover
Buildings and Contents cover will protect the sums you insure to match the levels of protection you need. Covered items can include glass, shop fronts, signs and much more. Should your business premises be damaged then your contents may well be damaged too.
Public & Employers Liability
Public & Employers Liability is a legal obligation and covers retailers dealing directly with the public. As a retailer, you will have a legal responsibility to ensure that you have provided safe and secure surroundings for your employees and any visitors to your business premises. Public & Employers Liability cover is available as £2m, £5m and £10m.
Bridal shop Stock Insurance protection
Stock Insurance protection for every boutique is different and each will have various levels of stock. By making sure your shop insurance is the correct level, there will be no need for you to be paying for more than you need. It’s worth noting though that quoting for less than you need could be devastating for your financial status in the event of needing to make a claim.
Business Interruption, Cash on Premises, and Goods in Transit
Business Interruption, Cash on Premises, and Goods in Transit are all additional add-on covers that can be increased or decreased as required. By having flexibility with your business insurance policy from The Insurance Octopus, you can make sure your insurance is just exactly what you need.
Why you need bridal and wedding shop insurance
As a bridal and wedding shop owner you are unfortunately at risk of many eventualities, including anything from malicious damage to theft of stock by burglary or theft of monies by an employee. All of these risks factors need to be considered when looking for a comprehensive retail shop insurance policy to be able to protect your business and yourself from financial loss.
Standard retail policies don’t always cover the large amount of bridal stock you may have, which you may use for shows and exhibitions, or for hiring out to customers. You may also use the services of self employed seamstresses within your shop and a standard liability insurance policy may not extend to all the cover you will need.
The Insurance Octopus will help you to build a tailored insurance policy specific to your bridal and wedding shop requirements to ensure you’re protected whatever comes your way.
Cover as unique as your business
We understand that no two bridal shops are the same; each has their own unique set of demands and needs when it comes to insurance. Our retail insurance specialists will be able to discuss your bridal shops exact business requirements with you and look to compare quotes from both niche and leading insurance providers to provide a bespoke policy that ensures you only pay for the cover you need.
A policy without the hassle
In most cases, we can provide you with your business insurance and documents on the same day (subject to time of day restrictions). We can also offer a range of flexible payment options, including Direct Debit allowing you to spread the payments.
Why choose The Insurance Octopus to insure your bridal wedding shop?
We proudly make buying insurance different and our cover comes with a range of benefits.
Up to £5 million of cover
Claims can be expensive, that’s why we offer up to £5 million worth of public liability cover for shops. With more available upon request.
Fast specific cover
To help save you both time and money. We compare prices from a range of different insurers so you don’t have to.
A specialist who knows your industry
We'll connect you with an agent who specialises in your field. They understand many of the challenges you face, and can truly get to grips with the type of cover you need.
Easy claims process
Accidents can happen, so when something does go wrong you can rest easy knowing our team is on hand to make the claims process as quick and stress free as possible.
Octopus customer rewards
We pride ourselves on the value we offer our customers, and with Octopus Customer rewards we give our customers a few additional benefits to their insurance such as discounts and offers to save them money.
No mid term fees, ever
We don’t charge any mid-term fees at all during the life of your policy – so there are no hidden fees following any changes you might need to make.