Toy Shop

Specific public liability cover limit starting point

Source: AXA

cover level starting at £1 million and ranging anywhere up to £5 million

Automatic lifetime discount on policies

Source: AXA

This discount is applied automatically and lasts for the lifetime of your policy.

Cyber and data insurance offering for online toy shops

Source: Hiscox

Cyber insurance is popular with businesses that operate online – this offers protection against digital risks and losses.

Workshop insurance coverage for toy shop repairs

Source: Hiscox

Yes, if your toy shop also has a workshop on site, this can be insured as part of Hiscox business insurance.

Specific coverage for personalised items and third-party modifications

Source: Hiscox

Products liability insurance, for example, can help if you sell items personalised by a third party, in case of safety issues caused by the modification.

Commercial buildings insurance as distinct product option

Source: Hiscox

If you own your toy shop building, you might also opt for commercial buildings insurance in case of events such as fire.

Product liability coverage scope and examples

AXA says:

if you make, sell, or supply toys you'll be protected from claims if a toy of your accidentally harms a child who's bought it.

Hiscox says:

This could be anything from an electric shock caused by a faulty train set to toxic materials used in the making of toy dolls.

Employer health and safety legal responsibility messaging

AXA says:

It protects you if an employee falls sick or gets injured as a result of working for you.

Hiscox says:

As an employer, you're legally responsible for the health and safety of your employees, so you could be held liable.

Contents insurance coverage for stock types

AXA says:

This covers everything from the toys, and you sell to the shelving you keep them on.

Hiscox says:

This covers a wide range of toys, up to the value of the cover limit you set – wooden, plastic, electronic and computerised toys can all be covered.

Real-world scenario-based risk explanation

AXA says:

But what would happen if a customer trips over a loose fixtured and gets hurt?

Hiscox says:

When working in the storeroom, a shop assistant is reaching for stock on a high shelf. Stretching, they misjudge the weight and the box of wooden toys topples down on them.