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These retailers sell a variety of apparel, equipment and accessories for athletes and the general public, without specializing in one particular sport. Exercise clothing, workout equipment such as weights and treadmills, athletic shoes and equipment used for specific sports may be sold. Sports theme gifts and novelty items, such as official team jerseys and hats, may be included. Stores may provide equipment rental and repair services. Competitions, events and/or excursions may be organized or sponsored by sporting goods stores.

General Liability Insurance for Sporting Goods or Athletic Equipment Stores – Sporting goods and equipment can pose hazards to customers while in the store. Merchandise should be neatly displayed and stores should be closely supervised to ensure customers’ safety and to prevent toppling merchandise. Merchandise must be carefully stacked away from the edges of shelves with any heavier items stored on bottom shelves or on the floor. Employees should provide assistance when large or heavy items are being purchased. Stores should also have plenty of walk space and floors should be in good condition without any potential for slip and fall. Parking areas and sidewalks should be free of debris and in good repair. Products liability risks can be increased if products are imported from foreign countries since foreign manufacturers often don’t carry insurance and their assets are usually free from attachment.

Workers’ Compensation Insurance for Sporting Goods or Athletic Equipment Stores – Bulky and heavy items are likely to be sold at sporting goods and athletic equipment stores. Training should be provided to ensure proper lifting techniques and stock handling procedures are enforced. Rolling ladders may be needed for lifting and reaching stock on high shelves, which may result in higher workers’ compensation risks. Stock rooms should be neat at all times to reduce the risk of employee injury.

Business Auto Insurance for Sporting Goods or Athletic Equipment Stores – In the event an employee for a sporting goods or athletic equipment store drives a company vehicle, auto insurance risks are elevated. Anyone who drives company vehicles should keep a good driving record and have MVR checks run frequently. All vehicles should be maintained and in good repair with service records on file. If an employee drives their own vehicle for business use, they should be required to have Personal Auto Liability insurance with at least $300,000 combined single limits.

Property Insurance for Sporting Goods or Athletic Equipment Stores – Fire and theft are risks at sporting goods and athletic equipment stores. Stores that sell guns and ammunitions are at higher risk of fire and theft. Any flammable products sold, such as aerosols, shoe cleaners, and leather conditioners, will also add to the risk of fire. Clothing merchandise is at risk of fire and smoke damage as well. A central station smoke alarm system should be installed in addition to approved fire extinguishers placed throughout the store. The items sold at sporting goods and athletic equipment stores are in high demand. Therefore, the risk of theft is high. Stores should be monitored with alarms and security systems to help deter the risk of theft. An electronic tagging system with door exit alarms can be a deterrent.

Crime Insurance for Sporting Goods or Athletic Equipment Stores – Merchandise may likely be stolen by dishonest employees due to the popularity of the items sold. Routine inventory counts should be performed as a result for all sporting goods or athletic equipment stores. Money may be stolen through employee theft or burglary. Policies should be in place to require frequent bank drops and cash register monitoring. Employees who are responsible for handling funds should have separate duties. The use of security systems and alarms should reduce the risk of burglary. Security systems that are installed with contact point triggers on all exterior doors and windows and have glass breakage and motion detectors will further reduce the risk of burglary.