Burglary and robbery
Theft of stock and cash, with security requirements attached.
Business Insurance
Pawn shop insurance for stock that is not yours.
A pawn shop holds valuable, portable goods that mostly belong to customers. That combination shapes the whole policy.
Pawnbrokers hold jewellery, electronics, tools and often firearms — high-value, easily resold items that make the premises a target. The distinctive feature is that much of the stock is pledged customer property held in trust, which needs cover in its own right.
Pledged goods and crime cover
Customer property held as security is your responsibility while it is in your custody. Standard business contents cover addresses property you own, so pledged goods need to be scheduled specifically.
Burglary and robbery cover matter more here than in most retail, and carriers underwrite the physical security closely: safes, alarms, camera coverage and how stock is secured overnight all affect availability and price.
What it covers
The parts of a pawn shop insurance policy
Pledged customer goods
Property held in trust, which contents cover does not automatically include.
Jewellery and high value
Higher-value stock, usually scheduled and with its own conditions.
General liability
Customer injury and premises claims, plus firearms liability where applicable.
Working with us
What we do differently
We are an independent agency, so we place your pawn shop insurance across several carriers rather than fitting you to one company's product. That means a genuine comparison, and someone to call who is not a call centre.
- Schedule pledged customer goods separately from your own stock
- Confirm the safe, alarm and camera requirements the policy imposes
- Declare firearms stock, which changes appetite and terms
Common questions
Pawn Shop Insurance, answered
Is customer property I hold covered?
Only if pledged goods are specifically included. Standard business contents cover addresses property you own, and items held in trust for customers need scheduling in their own right.
What security do insurers require?
Expect requirements around safes, alarm systems, camera coverage and overnight storage of high-value stock. Meeting them is usually a condition of cover rather than a discount.
Does firearms stock affect the policy?
Yes. Firearms change both appetite and terms, and they carry their own liability considerations. Declare them at the outset rather than after a loss.
Related cover
Often arranged alongside this
Retail Store Insurance
Stock on the shelves, customers on the floor, and a lease that dictates what you have to carry. Retail insurance is mostly about getting the values right.
Read moreCommercial Crime Insurance
The most expensive theft a business suffers is usually internal, and it usually runs for years before anyone notices.
Read moreBusiness Insurance
A shop, a contractor and a software firm face entirely different risks. We place commercial cover across multiple carriers rather than fitting you to one company's template.
Read moreReady for a pawn shop insurance quote?
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