Shop insurance in Manchester

Manchester retail centres on the Arndale and the city core, with a strong independent and creative scene around the Northern Quarter — and shop insurance has to fit the high-footfall chain unit and the independent alike. Stock, frontage and, above all, business interruption drive the cover.

Where the risks come from for Manchester shops

City-centre and Arndale units carry heavy footfall — public-liability and glass exposure — and share fire and escape-of-water risk with neighbours in dense buildings. Northern Quarter independents carry stock and theft risk. Business interruption is the sharp end: a fire or flood that closes a shop stops its income. Money and seasonal stock peaks add to it.

A Manchester example

A Manchester city-centre shop suffers a serious fire and cannot trade for months while the unit is rebuilt. Shop insurance meets the stock and fixtures lost and — through business interruption — the income that would have come in during the closure, which is often the larger half of the claim.

What shop insurance covers

A retail policy brings together stock and contents (fire, theft, accidental damage), business interruption for income lost while you are shut, public and products liability for customer injury, employers' liability for staff as the law requires, and usually money and glass. If you own the building, or the lease makes it yours, buildings cover joins the policy.

Placing it in Manchester with Apex

Apex holds FCA authorisation (FRN 724952), has broked since 2009, and reaches more than 30 markets including Lloyd's via wholesale. A Manchester retailer gets a named broker who can set the business-interruption sum insured to how the shop actually earns, rather than a scheme's default that leaves a closure underinsured.

Related

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