Stock Insurance

If your business is holding thousands, if not hundreds of thousands of pounds worth of stock, an optional stock insurance policy can become as important as your building insurance itself. Losing your stock could seriously damage your cash flow and possibly even cause your business to shut down; therefore, it would be a smart move to cover it.

What we cover

Our stock insurance policies will cover the costs of your stock if it is damaged or stolen. It is also important to note that your cover will be at its original cost level and not the final retail price. We understand that some businesses will have stock levels that fluctuate quite often and we can work around this by adding a seasonal option to your stock insurance policy to make sure that you are never underinsured. We always tailor our insurance quotes towards your business specifically which gives you the widest cover at the lowest price.

High Risk Items

Certain types of stock are more attractive to thieves, making them more of an insurance risk. It is important for you to declare any high-value items when you are buying your insurance policy. If you want your stock to be covered while it is being transported between locations, in temporary storage or being carried by rail, road or air, you may want to purchase a goods in transit insurance policy.

High risk items are usually finished goods such as electronic goods (TV's, audio equipment, computers, mobile phones), cigarettes, alcohol, video games etc. To ensure that your business receives the correct level of cover, any high risk stock will need to be detailed at the time of taking out a policy, otherwise you could end up underinsured.

Obtaining a quote

If you would like to add stock insurance to your existing insurance policy, feel free to give us a call on 0161 763 8222. If you want to obtain a quote for a new insurance policy, visit our request a quote page which is no obligation and completely free of charge.