Pawn Brokers

When it comes to taking and caring for your customer’s pledged high value items, having the appropriate security and protection measures in place is of utmost importance. Your customers rely on you to safeguard their pledged items; in turn, you can rely on us for protection from property and liability losses that can prove to be catastrophic to your business. In this specialized class of business, you need a specialized insurance agency. Our office concentrates in protecting the high value & target item industry and as a result, you can sleep well at night knowing that you have the adequate coverage you need to run your business. As experts in the field, we will not only build a custom policy to properly protect the unique risks your pawn shop faces but also lend advice on security and loss prevention techniques. By trusting us with your company’s insurance needs, you will receive exceptional coverage, competitive pricing and prompt customer service from a knowledgeable insurance provider that understands you and your business.

Pawn Broker General Information:

We understand that risks and exposures differ from one pawn shop to another. With this in mind, our office provides a program that combines expansive coverage options with aggressive pricing. Policies include coverage for Guns, Firearms & Ammunition, High Value Collectibles, Jewelry, Bullion, Fine Art & Vehicles. Policies also include options for liability coverage and standard business owner coverage. Moreover, policies can be written on replacement cost, multiple of pawn value or actual cost of the loan plus interest. Some of the coverages and options you can expect to find are:

Property & Casualty
• Building Property
• Money in Locked Safe
• Business Personal Property
• Show Windows & Show Cases
• Business Income/Extra Expense
• Shipments (Domestic & International)
• Pawned & Owned Inventory
• Travel: Property in Transit
• Auto Pawn Stock
• Exhibition Coverage
• Property in Bank Safe Deposit Box
• Ordinance or Law
• Property in Custody of Dealers

General Liability Coverage:
• Premises Liability
• Hired and non Owned Auto Liability
• Products & Completed Operations
• Employee Benefits Liability
• Firearms Products Liability
• Employee Dishonesty
• Personal & Advertising Liability
• Employee Related Practices Liability
• Fire Legal Liability
• Medical Expenses

Key Coverage Extensions:
• Accounts Receivable
•  Valuable Papers & Records
• Business Computer Equipment & Software
• Key Replacement & Lock
• Forgery & Alteration
• Outdoor Signs & Property
• Valuable Papers & Records