Insurance for Home Furnishings Stores

This industry consists of establishments that retail furniture. Furniture types include office, household and outdoor, including home electronics and furnishings, floor coverings, major appliances, mattresses, box springs, and baby furniture.

Starting a furnishings store comes with plenty of risks. These risks should have proper risk management strategies to minimize or even prevent any loss from the risks that might happen to your business. Insurance can help. Your insurance will pay for covered expenses like medical fees, attorney fees, legal fees and more, which could otherwise put a huge dent in your business and personal assets.

Below are some examples of risks that your furnishing store can face:

• A fire destroys your business property. Because of that, your business won’t be able to operate unless everything has been repaired.
• One of your employees stole a large amount of cash.
• A pipe bursts and your office is flooded, along with all your critical documents. Many of which got completely destroyed.
• Furniture, a customer purchased, got destroyed in an accident while being delivered.

These are just a few of the potential risks that your home furnishing store can face.

There is no fixed cost of insurance for home furnishing stores. Most of the time, insurance carriers identify the cost of your insurance policy through the size of your business, the number of employees you have, and the coverage required. To find out the cost of your insurance policy, apply online to get a free quote or simply talk to our expert insurance advisers.