Pawn Shop Insurance
You can save up to 25% in discounts on pawn shop business insurance.*
Choose your primary coverage to get started:
Pawn shop insurance can help protect you from:
Theft
Your business is burglarized overnight and inventory was stolen. You need to replace it — fast.
Product liability
A customer claims a sweater you sold was treated with a chemical that caused an allergic reaction.
Advertising injury
A competitor sues you claiming that you copied the "look and feel" of their product listing.
Cyber
Criminals hack your store's site, and now your customers' payment information is compromised.
Pawn shop insurance designed to protect your business
NEXT Insurance is a one-stop shop to help you get the pawn shop insurance you need to protect your business from accidents, injuries, legal fees and damaged vehicles. Our insurance packages typically include:
- General liability
- Commercial auto
- Workers’ compensation
- Commercial property
Easily find a custom pawn shop insurance package that's right for your business
NEXT specializes in small business insurance, so you can easily find a custom insurance package that's right for your pawn shop business.
General Liability
Protection for the injuries, accidents and damage you cause
general liability can help you pay for:
Commercial Auto
"For business owners who own or drive vehicles
commercial auto can help you pay for:
Workers' Compensation
For business owners who hire employees
workers compensation can help you pay for:
Commercial Property
For business owners who own or rent physical spaces
commercial property can help you pay for:
You can save up to 25% in discounts on pawn shop insurance
You can pay for your insurance monthly or annually and you can cancel instantly at any time.
How much does pawn shop insurance cost?
Pawn shop insurance costs vary based on the risks that your business faces, such as:
- The types of objects you sell
- Where your business is located
- Your payroll and the kinds of jobs your employees do
- The number and types of vehicles you use at work
You can save up to 25% in discounts, depending on the kind of work you do. More risky professions can expect to pay more.
Pawn shop insurance requirements
Small business owners are almost always required to have insurance due to the risk of injury and property damage. You might need insurance to:
- Get a business license in your state. It’s a good idea to check if you need a license in your state in order to get insurance.
- Hire employees. Most states require workers’ compensation insurance if you have employees.
- Drive for business purposes. Business-owned vehicles typically need commercial auto insurance.
- Repair or replace commercial property you own or rent. Protect your inventory, equipment and even the building that you lease or own.