Lighting and lighting fixing shops should consider the following insurance cover:

• Employer’s Liability Insurance – It can protect your lighting business against claims from employees who suffer injury or illness arising out of their work for you, subject to policy terms and conditions. Please note that if you employ any staff, you have a legal obligation to get employer’s liability insurance, subject to policy terms and conditions.
• Public Liability Insurance – It can protect your business against claims from members of the public, including customers, delivery drivers, or contractors, for accidents of injuries they may experience while visiting your lighting shop, subject to policy terms and conditions.
• Product Liability Insurance – If you discover that a product is faulty or does not meet essential safety standards, product liability insurance can cover your legal liability for compensation and associated costs arising from third party injury or third property damage caused by the faulty product.The costs of recalling or withdrawing faulty products are typically excluded from standard product liability cover and may require separate or additional product recall insurance.
• Contents Insurance – This cover can help protect your stock, your equipment, and your store’s fixtures and fittings against loss or damage; such as fire, flood, theft and other certain risks, subject to policy terms, conditions, exclusions and any applicable limits.
• Buildings Insurance – Round-the-clock product displays may mean that lighting shops are at particular risk of fire. Buildings insurance can help protect your store premises for damages from fire, as well as damages from floods, break-ins and other certain risks, subject to policy terms, conditions, exclusions and any applicable limits.
• Business Interruption Insurance – If your lighting store is unable to operate fully or you need to temporarily close following an insured event, this cover can help with ongoing business expenses and/or loss of income while you recover from an unexpected event, subject to policy terms and conditions.

The amount you pay for your lighting shop insurance will depend on a number of factors, including:

• your location
• the number of employees you hire
• whether you run a single store or a chain of store
• whether you sell online, offline, or both

Get a quote for your specialist lighting and lighting fixture shop insurance today.