Clothing Store Insurance Cost
Retail Insurance Cost Analysis

Irrespective of business size or policies purchased, the average cost of retail insurance for clothing stores in 2014 was $853.51. The median cost was $541.00.

What they Buy

Clothing stores buy $500K/$1M and $1M/$2M GL policies, Business Owner's Policies, and Workers' Compensation Insurance. Interestingly, clothing store owners by BOP policies twice as often as they buy GL policies. They must see a real value. Take a look at a BOP for your business now.

HOW MUCH IS
General Liability Insurance?

How much is General Liability Insurance for Clothing Stores?

On average, clothing retail stores pay $428.71 for a $500K/$1M GL policy and $541.77 for a $1M/$2M GL policy. Those prices are right in line with retail stores in general.

HOW MUCH IS
a BOP?

How much a Business Owner's Policy for Clothing Stores?

Like retailers in general, clothing stores tend to pay more for a BOP ($937.71) than the small business average ($769.94).

HOW MUCH IS
Workers' Comp?

How much is Workers' Compensation Insurance for Clothing Stores?

Like retailers in general, clothing stores ($1,498.17/year or $581.96/employee/year) tend to pay more for Workers' Compensation Insurance than do small businesses in general ($656.78/year or $401.17/employee/year).

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