Closet shop insurance is something you probably didn't think about at first. Most closet specialty store owners get started by designing custom wardrobes for themselves, friends, and family members. And they discovered they enjoyed it so much that they decided to open a shop. If this sounds like you, growing from a personal service to a small shop and on to a large showroom comes with increasing risks. And just as your business changes as you grow, your insurance needs do too.
As the name implies, this is general insurance coverage for those times when you're held liable for something. Liable means someone blames you, or you're found to be at fault. The most common things you might be held responsible for includes when someone injures themselves physically, or when someone's property is damaged in some way that relates to your business dealings.
Claim Example: What's Covered?
You need this not only for your own protection, but for when you want to rent commercial space or enter contracts with vendors.
When you add commercial property insurance to a general liability policy, it's called a Business Owner's Policy, or BOP. This combo is ideal for closet shops with physical locations, expensive tools, or inventory.
What’s Included:
Claim Example: What's Covered?
If you’ve got employees measuring closets, lifting heavy shelving, or working with tools, you need workers' comp. It pays for medical bills, lost wages, and a whole host of other things if someone gets injured on the job.
Claim Example: What's Covered?
Beyond the basics, here’s what else closet shops should consider:
What is a certificate of insurance?
It’s proof of coverage. Most property owners and commercial clients ask for one before work begins.
How can I save on business insurance in my state?
Bundle coverages, maintain a clean claims history, increase your deductible, and ask about industry-specific discounts.
Do I need workers' comp if I’m the only one working?
In some states, yes. It depends on your legal setup. Check your state laws or ask an agent.
What happens if a client gets hurt in my showroom?
Your general liability can cover their medical costs and legal expenses.
Does business insurance cover theft?
BOP or property coverage does, yes. It pays to replace stolen tools, fixtures, and stock.
What if my delivery van crashes during an install?
Commercial auto insurance covers the damages, plus liability if another driver is injured.
Can I insure tools kept in my truck?
Yes. Tools & equipment or inland marine insurance covers tools on the go.
Closet shops across the country trust our specialists at USA Insurance to keep their business running smoothly. Why?
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