Shop insurance in Portsmouth

Portsmouth retail centres on Gunwharf Quays, Commercial Road and the city core, with a heavy tourism footfall around the historic dockyard. Shop insurance for a Portsmouth retailer turns on stock, fire and business interruption.

Where the risks come from for Portsmouth shops

City-centre and waterfront units carry footfall, glass and theft exposure, and dense buildings share fire risk with their neighbours. Business interruption is the sharp end when a fire closes a unit — the income lost during a rebuild is often the larger loss. The tourism trade brings seasonal stock peaks and takings, adding money exposure.

A Portsmouth example

A fire takes hold in a Portsmouth shop during the evening and the unit is closed for months while it is rebuilt. Shop insurance meets the stock and fixtures lost and, through business interruption, the trading income the closure costs — usually the half of a fire claim that decides whether the business survives it.

What shop insurance covers

Shop insurance packages stock and contents (fire, theft, accidental damage), business interruption for lost income, public and products liability for customer injury, employers' liability for staff as the law requires, and usually money and glass. Buildings cover applies where you own or hold the premises on a full lease.

Placing it in Portsmouth with Apex

Apex, authorised by the FCA (firm reference 724952) and broking since 2009, reaches more than 30 markets including Lloyd's by wholesale. A Portsmouth retailer gets a named broker who sets the business-interruption period to a realistic rebuild time, not a scheme's default that runs out mid-closure.

Related

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