• Fire and explosion – Damage or loss caused by fire or explosion at your premises or storage facilities.
• Theft and burglary – Loss due to break-ins, theft, or attempted theft.
• Accidental damage – Cover for accidental damage while handling or moving stock and materials.
• Water damage – Loss/damage due to burst pipes, flooding or leaks affecting stored stock.
• Transit cover – Protection of goods during transport between premises or to customers.
• Loss in value – Compensation if stock becomes unsellable or loses value due to damage.
• Goods held as consignment stock – Coverage for goods you hold on behalf of others.
• Newly acquired stock – Automatic cover for new materials or finished goods acquired during the policy period.

Stock and materials represent both a significant financial investment and the foundation of your business operations. Here are four key reasons why stock insurance is vital:

• Financial protection: Manufacturing materials and finished goods often amount to tens or hundreds of thousands of pounds. Without insurance, a fire, flood, or theft could lead to substantial and sudden losses.
• Business continuity: Stock loss can halt production and delay deliveries. Insurance helps you recover quickly by covering replacement costs and loss of income.
• Peace of mind: Knowing your inventory is safeguarded allows you to focus on growing your business with less worry about operational risks.
• Compliance and contracts: Some clients and lenders require evidence of stock insurance as part of their contractual or funding terms.

• Clothing manufacturers producing garments, accessories or textiles.
• Fabric wholesalers & distributors handling large quantities of raw materials.
• Retailers & e-commerce businesses with on-site stock or stored finished products.
• Fashion brands with seasonal or high-value product lines.
• Garment importers/exporters requiring transit cover for goods in international shipment.

If your business stores or handles clothing stock or fabrics of any kind, it is essential to have adequate insurance in place to safeguard your assets.

Insure24 makes the process straightforward and quick. Our experienced advisers will guide you every step of the way:

• Step 1: Initial enquiry – Contact us by phone or online to discuss your business and insurance needs.
• Step 2: Risk assessment – We review the specifics of your stock holdings, facilities, logistics, and risks to understand your exposures.
• Step 3: Tailored quotation – We source quotes from available insurer markets, subject to underwriting from top insurers and propose coverage customised to your requirements.
• Step 4: Policy selection – You choose the right policy and coverage limits, with expert input to ensure suitability.
• Step 5: Policy issue & ongoing support – Your cover is activated immediately upon payment. We remain available for claims assistance and regular policy reviews.

Getting a comprehensive insurance quote for stock can be done in minutes, with expert advice whenever needed to help protect your business assets effectively.