Cell Phone Store Insurance Coverage Checklist
The coverages a cell phone store business may carry — core, prevalent, and situational — why each matters, and the gap most often missed.
Pull out your current policy and check the box next to any coverage you can confirm is already in place — anything unchecked is worth a quick conversation with your advisor. Coverage checklist for cell phone retail stores and carrier dealers. Priorities reflect typical exposure for this class; confirm against your actual products, locations, and operations.
Tick each coverage you can confirm you carry — anything left unticked is a good question for your next policy review.
| Have it? | Coverage | Why this business needs it | Priority |
|---|---|---|---|
| General Liability | Covers customer traffic and accessory product claims. | Core | |
| Business Personal Property | Covers high-value phone inventory in a small space. | Core | |
| Crime — Robbery / Safe Burglary | Covers smash-and-grab and armed robbery. | Core | |
| Employee Dishonesty | Covers insider inventory theft and account misuse. | Core | |
| Cyber Liability | Covers customer IDs, account data, and card data. | Core | |
| Workers' Compensation | Covers staff, including injuries during robberies. | Core | |
| Business Income | Covers closure after a smash-and-grab or fire. | Prevalent | |
| Products Liability (Accessories) | Covers imported chargers and batteries that overheat. | Prevalent | |
| Third-Party Crime | Covers SIM-swap losses claimed by carriers or customers. | Situational | |
| Hired & Non-Owned Auto | Covers moving stock between stores. | Situational |
The coverage gap most often missed
The gap most often missed by phone stores is third-party fraud. Most crime and cyber forms cover the store's own loss, but when an employee performs a SIM swap the victims are the carrier's customers, and dealer agreements can pass chargebacks back to the store. Add third-party crime or cyber coverage that responds to insider-caused privacy events.
Send us the checklist and we'll review your cell phone store coverage line by line, then market it across multiple carriers that compete for your account.
Related: Cell Phone Store Insurance · Cell Phone Store Supplemental (apply) · All coverage checklists
Frequently asked questions
What insurance does a cell phone store business need?
The core coverages for a cell phone store business are General Liability, Business Personal Property, Crime — Robbery / Safe Burglary, Employee Dishonesty, Cyber Liability, Workers' Compensation. This checklist also lists the prevalent and situational coverages worth considering, with a plain-English note on why each matters.
Is this checklist insurance advice?
No. It is a free educational tool to help you have a more informed conversation with a licensed professional. It affords no coverage and is not insurance, legal, or financial advice — only your actual policy language governs what is and isn't covered.
Can Cory Washington & Co. review my cell phone store coverage?
Yes. Share your checklist and we'll review your program line by line, market your account across multiple carriers, and explain the trade-offs in plain English. Cory Washington & Co. LLC is licensed in all 50 states.
This checklist is a free educational tool from Cory Washington & Co. to help you review your own coverage and have a more informed conversation with a licensed insurance professional. It is general information only — not insurance, legal, or financial advice, and not a recommendation to buy, change, or cancel any policy. Coverage terms, availability, limits, and requirements vary by policy, carrier, and state, and only the language in your actual policy governs what is and isn’t covered. Checking or leaving blank any item above does not indicate that you are adequately insured or under-insured. Using this checklist does not create a client, agency, or fiduciary relationship. Always consult a licensed professional about your specific situation.