Question:

How much would you roughly expect to pay for insurance of a retail store?

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The retail store in question is a gift store

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  1. Rs.225 For a cover of Rs.100000.

    Gagan Agrawal

    Tata-AIG General Insurance Co.

    098274-85633


  2. In Ontario you could expect a starting premium of about $850 + tax.  You would only get a rate that low if it was a rented space (so no building coverage), you only had a couple of employees, sales were relatively small (say under $100,000 / year), and inventory was relatively small.  

    Change any one of those variables slightly and it could easily be $2500 / year .... heck, it could be $50,000 / year.

    Hope that helps?

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