SERVICES FOR THE
RESALE & THRIFT SHOPS
BUSINESS INSURANCE & RISK MANAGEMENT
The Horton Group is pleased to provide a unique property and general liability program specifically for the resale and thrift shop
industry, which is a rapidly growing niche in today's economy. Our program is widely-regarded as the best available for the resale/consignment industry and The Horton Group has been endorsed by the National Association of Resale & Thrift Shops
(NARTS) for several years. Our product is underwritten by St. Paul/Travelers, which is one of the strongest and largest insurance
companies in the world. Unlike many insurers that are writing policies for resale shops, St. Paul/Travelers is very aware of what
the resale industry is all about. On the other hand, many other insurers are writing policies for these shops under the misconception
that they are insuring typical retail stores. We routinely see other agents and insurers classifying these risks incorrectly in an
effort to bend the rules and "fit" them into more stringent underwriting guidelines. With St. Paul/Travelers, this is unnecessary.
(NARTS) INDUSTRY INSURANCE FEATURES
Highlights & Features
- Our program is designed specifically for the resale industry
- The National Association of Resale & Thrift Shops (NARTS) endorses The Horton Group to handle their members' insurance
needs
- We can accommodate stores that sell some used furniture (up to 10% of sales)
- Our policy provides coverage for goods being sold on consignment (many other policies will exclude these items)
- Horton employs experienced service professionals who are very familiar with the resale industry
- Claim Services – 24-hour claim reporting via internet, phone and fax.
- Billing Plans – Convenient payment plans
Custom coverage features
Our product is tailored specifically for resale and thrift shops
that sell used clothing and accessories. Toys, equipment and furniture
may be eligible for coverage.
- Building (if owned)
- Business Personal Property, that replaces or repairs equipment, fixtures and stock, including any goods sold on consignment.
Actual cash value is the replacement
value used for consigned goods
- No co-insurance clauses
- Your choice of deductibles
- Business Income, that reimburses you for any lost profit should a covered loss occur at your store
- Business Liability, protects you against claims resulting from your business operations
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