Retail Insurance in Michigan

Keep your inventory protected — at home and at your warehouse.

Choose your primary coverage to get started:

Business Owner’s Policy

General Liability

Product Liability

Umbrella Insurance

Cyber Insurance

Featured On

Rated 4.7/5

(5056 reviews)

Retail insurance can help protect you from:

Theft and vandalism

Your business has broken windows, a broken door and inventory was stolen. You need to replace and repair — fast.

Fire and wind

Broken pipes and flames can severely damage business furniture and fixtures. You need help to open your doors.

Lost business income

When you need to close for repairs after a covered event, insurance can help cover your financial losses.

Destroyed products or inventory

If your products or inventory get wiped out, the right coverage can help make you whole.

Business insurance designed for retail store business in Michigan

NEXT makes business insurance unbelievably easy and affordable. Our coverage is tailored for retail store business so you know you’re getting coverage that was designed with you in mind. Insurance coverage for retail store business in Michigan often include:

General liability
Professional liability
Commercial property

You can save up to 25% on retail store business insurance in Michigan*

You can pay for your insurance monthly or annually and you can cancel instantly at any time.

Basic

Lowest Price

General Liability

Per occurrence

$500,000

Professional Liability (E&O)

Per occurrence

$250,000

Commercial Property

Per occurrence

$25,000

Pro

General Liability

Our general liability coverage meets Amazon’s insurance requirements

General liability insurance helps to protect you from unexpected expenses related to many types of accidents that can affect your retail store business. And clients could require that you have general liability coverage as part of contract requirements so they know that you can pay for any accidental injuries or damage related to your work.

general liability can help you pay for:

Medical payments

Property damage

Legal fees and judgments

Professional Liability (E&O)

Coverage against business mistakes and claims of negligence

Professional liability insurance can help you move on quickly if a customer claims you made a mistake — whether you did or not. It help you avoid customer confrontations and protect your retail store business reputation.

professional liability can help you pay for:

Professional negligence (actual or alleged)

Legal defense costs

Legal judgments

Commercial Property

For business owners who own or rent physical spaces

Commercial property insurance helps to protect the items you need to run your retail store business, including your inventory, equipment, furniture, fixtures and even the space that you lease or property that you own. If a fire damages a wall at your store and you have to close for six weeks during repairs, you’ll be glad you have commercial property.

commercial property can help you pay for:

Damaged equipment and inventory

Lost income

Operating expenses

How much does retail store insurance in Michigan cost?

Retail store insurance costs vary based on the risks that your business faces, such as:

Where you work
The kind of work you do
Your payroll and the kinds of jobs your employees do
The number and types of vehicles you use at work

retail store business in Michigan typically pays about $17 each month for a business insurance policy.^†

You can save up to 25% in discounts, depending on the kind of work you do. More risky professions can expect to pay more.

Business insurance for retail store in Michigan has never been easier

A retail store business in Michigan is a busy small business with little time to sweat the details of insurance. NEXT takes the hassle out of insurance by getting rid of jargon and endless phone calls. With NEXT, you can get:

Covered in less than 10 minutes
Access to your documents online whenever you need them
Insurance advisor support via phone, email and direct chat if you have questions

We know that there’s never enough time in a day for the self-employed. That’s why we work hard to make running your business that much easier.

Frequently asked questions about retail store business insurance

Here are some of the most common questions we get about retail store business insurance. If you don’t find the answers you need here, our licensed, U.S.-based insurance advisors are standing by to help via online chat or phone.

Does NEXT Insurance offer retail store business insurance in Michigan?

Yes, NEXT Insurance offers tailored retail store business insurance in Michigan.

Does NEXT Insurance offer Professional Liability coverage for retail store business in Michigan?

Yes, NEXT Insurance offers General Liability, Professional Liability, Commercial Property coverage for retail store business in Michigan.

What are some examples of types of business insurance protection for retail shops?

NEXT’s retail shop policies can help protect your business from a variety of risks and financial losses related to:

Damage to someone else’s property

The paint you sell on Amazon explodes in a customer’s bedroom, ruining the carpet and drapes. Your general liability policy could help pay for the damages.**

Accidents that hurt someone

A customer falls and breaks their arm inside your retail store. Your general liability coverage or BOP insurance could help pay for medical costs and legal fees.

Damage to your own property and inventory

Vandals tag your storefront, break a window and steal some business laptops and products. Commercial property insurance could help with replacement or repair.

Accidents involving your business vehicles

You have a fender bender on the way to a client’s office. Commercial auto insurance could help pay for the damages.

Workplace illness or injuries

Your employee falls off a step stool and twists an ankle — and now you’re down a worker for several weeks. Workers’ compensation insurance can help cover medical bills and lost wages.

How can I get a certificate of insurance (COI)?

Once you have a NEXT policy, you’ll have 24/7 access to proof of your insurance (also called a certificate of insurance, or COI) via web or app. Log in to your account, download your COI instantly or deliver it via email or text at no additional cost. Get unlimited certificates and add an additional insured as you need them.

What do I need to get an insurance quote online?

It takes about 10 minutes to get a business insurance quote online with NEXT. We’ll ask a few questions about your business — like what you do, your location, how many people you employ and the vehicles you use for work. You’ll choose your options and see prices. If you like what you see, you can buy online and get a certificate of insurance (proof of insurance) on the spot.

How do you file an insurance claim with NEXT?

If you’re a policyholder, simply log in to your account and file a claim. We’ll contact you shortly to go over the details. Our support team is standing by to help.

Get customized insurance wherever you do business

Learn more about insurance options in the states where you work.

Next Insurance, small business insurance

Coverage on-the-go for policyholders

Manage your policies, send and create certificates of insurance, or file a claim with our app.

More professions that are covered by NEXT

Amazon Seller, Arts and Crafts Store, Bike Shop, Bookstore, Candle Store, Candy Store, Clothing Store, Convenience Store, E-commerce, Electronics Store, Fabric Store, Florist, Furniture Store, Hardware Store, Hobby Shop, Jewelry Store, Laundromat, Luggage Store, Medical Supplies Store, Pawn Shop, Retail Store, Toy Store

* To the extent permitted by law, applicants are individually underwritten, not all applicants may qualify. Individual rates and savings vary and are subject to change. Discounts and savings are available where state laws and regulations allow, and may vary by state. Certain discounts apply to specific coverages only.