Why do fashion businesses need insurance?

Fashion businesses often sell and store high value goods in their stores, making them targets for shoplifting and vandalism. Plus, selling wearable goods can open your business up to claims of liability in case of injury or malfunction.

What coverage do fashion businesses need?

General Liability

General Liability (GL) protects your business from legal claims and liability that arise from your operations. Fashion businesses may have showrooms or shops in which customers can get injured accidentally, which can present a significant financial risk.

Business Owner’s

Business Owner’s (BOP) combines your liability and property coverages to protect you from liability lawsuits, theft, and lost business income.

Product Liability

Product liability protects fashion businesses in the event of damages or harm resulting from a product that was sold to a customer. Wearable goods can cause injury, such as tripping due to a broken heel or allergic reactions due to the usage of certain chemicals.

Workers’ Compensation

Workers’ compensation ensures that your employees are covered from on-site injury and illness, including lost wages and medical expenses.

What types of fashion businesses can Oyster cover?

Oyster can cover most types of fashion businesses, including clothing, handbags, accessories, and more.

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