Thrift & Consignment Store Insurance Coverage Checklist
The coverages a thrift & consignment 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 thrift, consignment, and resale stores. Priorities reflect typical exposure for this class; confirm against the store's actual business model.
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 |
|---|---|---|---|
| Commercial General Liability (incl. Products) | Covers customer injuries in the store and claims from used goods sold — including recalled or hazardous items federal law bars resellers from selling. | Core | |
| Commercial Property / Business Personal Property | Covers fixtures, inventory, and donated stock; dense textiles and furniture create a heavy fire load. | Core | |
| Property of Others / Consigned Goods | Standard property forms usually cover only a small amount of other people's property. Consigned goods need their own limit. | Core | |
| Workers' Compensation | Sorters and movers lift furniture and handle donations that can contain needles or hazardous items. | Core | |
| Commercial Auto / Hired & Non-Owned Auto | Needed for donation pickup and furniture delivery trucks, and staff driving their own vehicles. | Prevalent | |
| Business Income | Replaces income while the store recovers from a fire or other loss. | Prevalent | |
| Crime / Employee Theft | Covers employee theft of cash, consignor funds, and high-value donated items. | Prevalent | |
| Umbrella / Excess Liability | Extends limits above GL and auto — useful for donation-bin and delivery exposures. | Prevalent | |
| Volunteer Accident | Covers medical costs for volunteers, who are often not covered by workers' compensation. | Situational | |
| Directors & Officers | Needed for nonprofit thrift operators with a board. | Situational | |
| Cyber / Privacy Liability | Covers consignor records, seller ID scans, and online store data. | Situational |
The coverage gap most often missed
The gap most often missed for consignment and resale stores is coverage for other people's goods. A standard business property policy is built for the store's own inventory, and its extension for property of others is usually small. When consignors' goods are lost to fire, theft, or water, the store can owe the consignor and have little coverage to pay it. Confirm a property-of-others or bailee limit sized to the consigned inventory on hand at peak. Thrift stores should also confirm products liability responds to used goods, since federal law bars resellers from selling recalled items.
Send us the checklist and we'll review your thrift & consignment store coverage line by line, then market it across multiple carriers that compete for your account.
Related: Thrift & Consignment Store Insurance · Thrift & Consignment Store Supplemental (apply) · All coverage checklists
Frequently asked questions
What insurance does a thrift & consignment store business need?
The core coverages for a thrift & consignment store business are Commercial General Liability (incl. Products), Commercial Property / Business Personal Property, Property of Others / Consigned Goods, 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 thrift & consignment 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.