Bicycle Shops

Need Bike Shop Insurance? Get in Gear with B2Z!

Why Do You Need Bicycle Shop Insurance?

What will you do if your bicycle shop experiences a fire or theft? A defective product causes an accident that injures a customer? Unsafe storeroom conditions, bike trial injuries, repair tool mishaps, and slips and falls on a wet floor hurt your employees, customers or vendors? A cleaning product causes an employee to become ill?

You need insurance coverage to help repair or replace your building and its contents and to help reduce the risks that expose your business to costly liability. The right bicycle store insurance protects your building, your inventory, your employees—in fact, it protects your entire business. Safeguarding your business allows you to continue to provide the services your customers depend on, including bicycle sales and rentals, accessory sales, bike repairs and safety education.

What Kind of Cycle Shop Insurance Coverage Do You Need?

Several types of bicycle business insurance options are available to bike shop owners. The following policies cover your basic needs:

  1. Workers’ Compensation Insurance.

    This policy is required by law in almost every state. This type of cycle shop insurance covers claims related to employee illnesses and injuries that occur on the job. Workers’ comp helps pay medical bills, lost wages and more. Having this coverage provides a defense to lawsuits filed by employees while helping to pay for legal costs associated with a claim.

  2. Business Owner’s Policy (BOP).

    A BOP bundles two types of coverage—general liability plus property damage—plus additional coverages to provide comprehensive bike shop business coverage. The property damage component protects your building, equipment and inventory in the event of fire, theft, vandalism or other unexpected situations. The liability portion of the BOP covers bodily injury to customers and vendors, as well as damages due to defective products and advertising errors.

  3. Other Insurances.

    You may supplement these insurances with additional policies that cover data breaches, company-owned vehicles, professional liability and more.

We Know You Have Questions .... You Know We Have the Answers

  1. Q
    How do I get bike shop insurance?

    It’s easy! Simply contact B2Z Insurance, answer a few basic questions about your bicycle shop business, and we’ll let you know if you qualify for our small business insurance policies. If you qualify, we create a policy that meets your needs. Then, set up a convenient payment schedule and complete your purchase online, right then and there.

  2. Q
    How much does bicycle store insurance cost?

    B2Z Insurance offers policies that are affordable while fully protecting your business. We cannot determine your cost until we have a little information about your business and your insurance needs. When you’re ready to obtain a quick quote, please click on the button below.

How much will a B2Z policy cost your business? Answer a few questions and find out ASAP!