Toy Store Insurance Coverage Checklist
The coverages a toy 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 toy, game, hobby, and children's specialty stores. Priorities reflect typical exposure; confirm against import and private-label activity and in-store events.
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 injuries from toys sold and injuries in the store — importers may be treated as manufacturers. | Core | |
| Product Recall Expense | Covers the cost of pulling and replacing recalled products — usually excluded from GL. | Situational | |
| Commercial Property & Business Income | Covers inventory, especially at holiday peaks, plus lost income after a covered loss. | Core | |
| Vendor's Endorsement from Suppliers | Adds the store as an insured on toy makers' product liability. | Prevalent | |
| Abuse & Molestation | Needed if staff run parties, classes, or play areas with children. | Situational | |
| Cyber Liability | Covers payment data and any children's data collected online. | Prevalent | |
| Workers' Compensation | Required in most states. | Core |
The coverage gap most often missed
The most commonly missed gap for this class is product and recall exposure for imports. Stores that import toys or sell their own brand can be treated as the manufacturer, and toy safety rules keep changing — the updated federal toy standard became mandatory in 2024, and a new rule for water-bead toys took effect March 12, 2026. General liability doesn't pay to recall products. Stores should confirm product liability limits fit their import activity, consider recall coverage, and keep certificates for every children's product.
Send us the checklist and we'll review your toy store coverage line by line, then market it across multiple carriers that compete for your account.
Related: Toy Store Insurance · Toy Store Supplemental (apply) · All coverage checklists
Frequently asked questions
What insurance does a toy store business need?
The core coverages for a toy 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 toy 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.