What Does Shop Insurance Cover?Fire & Lightning: Damage from fire outbreaks, electrical fires, short circuits.Burglary & Theft: Loss of stock, equipment, cash from forced entry.Natural Calamities: Flood, earthquake, storm damage (with STFI/EQ extensions).Stock & Inventory: Raw materials, finished goods, and goods-in-process.Furniture & Equipment: Computers, printers, AC units, display fixtures.Business Interruption: Loss of revenue during shutdown for repairs.Third-Party Liability: Customer injuries inside your premises.Shop Insurance Cost CalculatorBusiness TypeStock ValueEquipment ValueStructure ValueAnnual Premium*General Store/Kirana₹5-15 Lakh₹2-5 Lakh₹10-20 Lakh₹3,000-8,000Clothing/Apparel Shop₹10-30 Lakh₹3-8 Lakh₹15-30 Lakh₹5,000-15,000Electronics/Mobile Shop₹20-50 Lakh₹5-10 Lakh₹15-25 Lakh₹8,000-25,000Restaurant/Cafe₹3-10 Lakh₹10-25 Lakh₹20-40 Lakh₹8,000-20,000Office (IT/Services)N/A₹10-30 Lakh₹20-50 Lakh₹6,000-18,000*Indicative. Actual premium depends on location, fire safety measures, and claims history.💰 Cost Perspective: A ₹30 Lakh shop insurance costs approximately ₹8,000-12,000/year — that's ₹25-35/day. Less than the cost of one cup of premium coffee. Yet it protects your entire business from catastrophic loss.Choosing the Right PolicyStandard Fire & Special Perils (SFSP): Base policy covering fire, lightning, explosion, riot damage.Add: Burglary & Theft: Essential for shops with valuable inventory.Add: STFI + Earthquake: Critical in flood-prone or seismic zones.Add: Business Interruption: Covers lost revenue during repair period.Add: Electronic Equipment Insurance: For offices with expensive IT infrastructure.Add: Cash in Transit: If you carry cash to/from the bank regularly.Frequently Asked QuestionsIs shop insurance mandatory?

Not legally mandatory, but banks require it for any property used as business loan collateral. If you have a shop mortgage, fire insurance is a lending condition. Many commercial landlords also require tenants to carry insurance.

Does it cover employee theft?

Standard burglary insurance covers external theft with forced entry. Employee theft/dishonesty requires a separate Fidelity Guarantee Insurance policy. For shops with high-value inventory, this add-on is highly recommended.

Shop & Office Insurance India: Protect Your Business for ₹25/Day

By Admin • Feb 23, 2026 • 📖 1 min read • ✅ Updated Feb 24, 2026

🎯 AD POSITION: BELOW VIDEO
Replace with real AdSense code on live server

Next Article Product Liability Insurance India: Protect Your Business from Consumer Lawsuits →

Written By

Admin

Insurance & financial content specialist at PolicyBaazar. Helping Indians make informed insurance decisions with expert analysis and unbiased reviews.

📅 Published: Feb 23, 2026 🔄 Updated: Feb 24, 2026 📖 396 words ⏱️ 1 min read

Shop & Office Insurance India: Protect Your Business for ₹25/Day

Related Articles

Product Liability Insurance India: Protect Your Business from Consumer Lawsuits

Travel Insurance Guide 2025: Why You Should Never Travel Without It

The Complete Guide to Term Life Insurance in India 2025: Plans, Premiums & How to Choose

ULIP vs Mutual Fund 2025: Which Investment Gives Better Returns?