Shop insurance in Bournemouth

Bournemouth's retail spreads from The Square and the Arcade through the streets above the seafront, a resort centre trading to both a resident population and a large summer visitor influx. Much of it occupies converted and multi-let buildings.

Where the risks come from for Bournemouth shops

In multi-let buildings water is the exposure that recurs — an escape from a flat or office above arrives through the ceiling and finds the stock first, and the retailer rarely controls the source. The coastal weather and the seasonal footfall sit behind it, along with the everyday shrinkage every high-street trader carries.

A Bournemouth example

A shop below converted flats near the Arcade came in to find water tracking down a wall and across the stockroom after a failed appliance connection upstairs had run overnight. The stock damage was contained, but drying out the unit and reinstating the decor closed it for over a week.

What shop insurance covers

For a Bournemouth shop the policy turns on stock and contents and on business interruption to carry a closure, with escape-of-water cover doing real work under a multi-let building. Public and products liability, legally required employers' liability once staff are engaged, money, glass and buildings cover (where the lease applies) complete it.

Placing it in Bournemouth with Apex

Apex places Bournemouth shop cover as an independent broker authorised by the FCA (FRN 724952), broking since 2009. With access to more than 30 markets and to Lloyd's through wholesale relationships, a named broker can make sure liability between a shop and the units above it is arranged so a water claim is not left in dispute.

Related

• Public liability insurance Bournemouth
• Employers liability insurance Bournemouth
• Commercial vehicle insurance Bournemouth
• Business insurance Bournemouth