Luxury Goods
Luxury Goods
The luxury goods industry operates in a world of high value, brand prestige, and discerning clientele which also means heightened risk. Whether you're selling fine jewellery, designer fashion, collectible timepieces, or high-end homewares, your business must protect against theft, fraud, damage, cyber threats, and liability from in-store or online interactions.
At Angelic Insurance, we provide general advice to help luxury goods retailers, distributors, and designers explore insurance options such as property and contents cover, stock insurance, public liability, cyber liability, and transit insurance. We compare policies from trusted Australian insurers to help ensure your cover reflects your high-value inventory, boutique service model, and international supply chain.
Whether you operate an exclusive storefront, run an ecommerce brand, or supply bespoke goods to clients, we help protect the assets and reputation that define your business.
Why Choose Angelic Insurance?
Luxury goods businesses require insurance that meets both the financial and reputational stakes of their brand. Here’s how Angelic Insurance delivers support:
Cover for Retailers, Designers, and Online Sellers
We assist jewellery stores, fashion boutiques, watch dealers, and homeware designers in reviewing insurance that matches their products and sales channels.
Stock and Contents Protection for High-Value Items
We help explore cover that protects precious inventory from theft, fire, accidental damage, and loss both on-site and in storage.
Public Liability for Customer-Facing Environments
Slips, trips, or injuries in a high-end showroom can lead to legal claims. Public liability insurance protects against these everyday risks.
Cyber Liability for Ecommerce and Client Data
Online boutiques and high-value ecommerce sellers must protect customer payment details and brand integrity. Cyber insurance helps cover breach recovery and legal response.
Transit and Courier Cover for Precious Goods
We assist in reviewing transit insurance to protect valuable shipments from loss, damage, or theft whether locally delivered or internationally shipped.
Industry Challenges
Luxury goods businesses operate with premium products and expectations. Without the right insurance, they may face challenges such as:
Theft or Burglary
High-end stock is a target for both opportunistic theft and organised crime. Contents and stock insurance help protect your inventory.
Customer Injury or Property Damage
If a client is injured in-store or their property is damaged during service, liability cover helps manage costs and legal action.
Online Fraud and Data Loss
Luxury ecommerce sites are prime targets for cybercriminals. Cyber insurance helps recover from payment fraud or data breaches.
Transit Damage to High-Value Shipments
Loss or damage during delivery can result in costly refunds and brand damage. Transit insurance helps ensure shipments are protected end to end.
Loss of Income from Unexpected Closures
Luxury businesses depend on consistent service. Fire, flood, or vandalism may force closure. Business interruption cover helps maintain financial stability during downtime.
Frequently Asked Questions
Coverage includes theft, fire, transit loss, and inventory damage.
Yes, including jewellery, watches, and designer goods.
Yes, Transit Insurance applies.
Yes, Theft and Burglary Insurance is available.
Yes, Property Insurance protects physical premises.
Yes, Product Liability Insurance applies.
Yes, customised consignment cover is available.
Angelic Insights
