Toy and Game Shop Insurance

Trust leads to more trust

James Hallam is an independent Lloyd’s broker with a dedicated team of experienced insurance professionals who care about protecting your business.

Trust leads to more trust

James Hallam is an independent Lloyd’s broker with a dedicated team of experienced insurance professionals who care about protecting your business.

Toy and Game Shop Insurance

No matter what kind of toy and game shop you run, we can help you get the specialist insurance you need at the best price, leaving you free to focus on doing what you do best.

Why toy shops need insurance

You may have a lot of expensive stock, and your most important customers are children. Children like to run around, and they can be pretty clumsy. If they injure themselves while on your shop premises, or if something goes wrong while they are playing with a toy from your store, their parents will not be happy, and they may choose to take legal action against you.

SME Insurance can help provide essential cover for your store, your stock, your staff, your customers, and their children. Your tailored SME insurance policy will give you total peace of mind that you will be able to recover from any incident, small or large.

We are here to help you.
Call us on 0330 024 0755, email enterprisenb@jameshallam.co.uk or  book a meeting time

What insurance do toy shops need?

Toy shops need specific insurance to help cover their risks, including:

  • Public Liability Insurance – It can protect your business against claims from members of the public while visiting your shop for accidents of injuries they may experience, subject to policy terms and conditions.
  • Employer’s Liability Insurance – It can protect your 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.
  • 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. This may also include cover for accidental damage to stock, such as if a child accidentally drops a toy or knocks over a display while browsing your store, subject to policy terms, conditions, exclusions and any applicable limits.
  • Buildings Insurance –This cover 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 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.

Do toy shops need Product Liability insurance?

Product liability insurance can safeguard your toy store should anything ever go seriously wrong with a particular toy or game you sell.

You could discover that a certain toy or game is faulty, or that it does not meet certain safety standards. You may have to issue a costly product recall, while still being liable for compensation and associated costs arising from third-party injury or property damage caused by the defective product. Product liability insurance can cover your legal liability for these claims, but 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.

How much does insurance for toy shops cost?

The cost of your toy shop insurance will depend on a number of things, such as your location, the size of your store and your team, and even the specific products you sell. If you sell high value electronic games or collectable toys, for example, then you may have to pay more for cover.

Why choose James Hallam for your toy shop insurance?

James Hallam is an independent Lloyd’s broker with a dedicated team of experienced insurance professionals who care about protecting your business.

We can tailor your SME insurance to give you all the cover you need to protect your business, including public and employer’s liability insurance, contents insurance, business interruption insurance, and more.

Find out how we can help you today.

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