Hardware Store Insurance Coverage Checklist

Hardware Store Insurance Coverage Checklist

The coverages a hardware 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 hardware stores, home centers, and lumber yards. Priorities reflect typical exposure for this class; confirm against the store's hazardous materials, rentals, and delivery operations.

Core almost always needed · Prevalent commonly carried in this class · Situational depends on specific exposure

Tick each coverage you can confirm you carry — anything left unticked is a good question for your next policy review.

Have it?CoverageWhy this business needs itPriority
Commercial General Liability (incl. Products)Covers customer injuries and products sold, including chemicals, propane, and tools.Core
Commercial Property & Business IncomeCovers the building, inventory, and yard stock, plus lost income after a fire or other covered loss.Core
Equipment Rental LiabilityConfirms GL covers injuries from tools and equipment rented to customers — some policies exclude rentals.Situational
Pollution / Hazardous Materials LiabilityCovers chemical spills and releases, which GL usually excludes.Prevalent
Bailee's Customer CoverageCovers customers' mowers, windows, and equipment left for repair.Situational
Commercial AutoCovers delivery trucks, including boom and flatbed trucks.Prevalent
Workers' CompensationRequired in most states; forklifts, lifting, and chemical handling drive injuries.Core
Crime / Employee DishonestyCovers employee theft and cash losses.Prevalent
Umbrella / Excess LiabilityAdds limits above GL and auto for serious injury or delivery claims.Prevalent

The coverage gap most often missed

The most commonly missed exposure for this class is hazardous materials. A hardware store stocks propane, pool chlorine, acids, solvents, fertilizers, and aerosols in one building open to the public — and pool oxidizers stored near acids can release toxic chlorine gas or feed a fire. Fire codes limit how much can be stored, and general liability usually excludes pollution, so a spill or release may not be covered. Stores that rent tools or refill propane should also confirm those operations are covered, since some policies exclude them.

Not sure you carry everything on this list?

Send us the checklist and we'll review your hardware store coverage line by line, then market it across multiple carriers that compete for your account.

Frequently asked questions

What insurance does a hardware store business need?

The core coverages for a hardware store business are Commercial General Liability (incl. Products), Commercial Property & Business Income, 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 hardware 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.

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