Chubb SME Select / Select+ shop insurance for coffee shops, restaurants, clinics and dormitories, no excess, from THB 997.24 per year
Price: THB 997
Premium data as of 10 November 2026 · compiled by Prakanthai.com
Underwritten by Chubb Samaggi Insurance Public Company Limited
Total premium from THB 997.24 per year up to THB 50,243.99 per 3 years, depending on the business group, sum insured, plan and period
Highlights: no excess in any case, and claims paid on a Replacement Value (new price) basis
A coffee shop that has put hundreds of thousands of baht into a coffee machine, chiller cabinets and a fit-out faces repair bills if a short circuit occurs or a storm rips the roof open, and at the same time loses income because it has to close.
Many SME shop insurance plans have similar premiums, but their sub-limits, excess and accepted types of shop differ. What kind of shop is this plan suited to, and what should you watch out for?
Who is Chubb SME Select / Select+ shop insurance for, and how much does it cost?
Short answer: Chubb SME Select and Select+ shop insurance from Chubb Samaggi Insurance suits coffee shops, restaurants, clinics, dormitories, hotels, retail shops and offices in concrete buildings outside shopping malls. It covers fire and natural perils at the full sum insured, flood at 20% of the sum insured, burglary, cash, income during closure and third-party liability, with no excess. The sum insured is THB 500,000–10,000,000 and the total premium starts at THB 997.24 per year (data as at 10 Nov 2026). The actual premium depends on the business group, the sum insured and the plan you choose.
What does Chubb SME shop insurance cover?
| Coverage | Select / Select+ (THB) | Notes |
|---|---|---|
| Fire, lightning, explosion, aircraft, smoke, windstorm, earthquake, volcanic eruption, tsunami, hail | Full sum insured / full sum insured | – |
| Vehicle impact, water damage, strike, riot, malicious acts | 200,000 / full sum insured | Excludes acts for political, religious or ideological purposes |
| Flood | 20% of the sum insured / 20% of the sum insured | Except in areas the insurer designates as flood-risk areas |
| Damage to electrical equipment | 50,000 / 100,000 | – |
| Cost of temporary work premises | 50,000 / 100,000 | – |
| Income compensation per day | 2,000 / 4,000 | Up to 30 days |
| Permanently fixed glass | Not covered / 50,000 | – |
| Cash | 50,000 / 50,000 | Cash lost from the till during opening hours THB 5,000; till repair THB 10,000 per event |
| Burglary | 100,000 / 200,000 | – |
| Third-party liability | 500,000 / 1,000,000 | – |
Additional cover under endorsements
- Goods in transit: 10% of the sum insured, up to THB 1,000,000 per event and over the period of insurance
- Signs and glass outside the building: 10% of the sum insured, up to THB 1,000,000 per event and over the period of insurance
- Personal belongings: up to THB 2,500 per person, in total up to 10% of the sum insured or THB 200,000
- Cost of re-creating documents and data: 10% of the sum insured or up to THB 600,000
- Temporary protection costs: 10% of the sum insured or up to THB 200,000
- Expediting expenses: 10% of the normal repair cost or up to THB 200,000
- 90-day property extension: 10% of the sum insured
- Fire-fighting costs, part payment of claims, costs of complying with legal orders from the authorities
Claims are paid on a Replacement Value basis, with no deduction for depreciation and no excess in any case.
Which types of shop can buy it?
The insurer divides businesses into 5 groups and charges different premiums for each group.
| Group | Type of business |
|---|---|
| 1 | Elderly care centres (no medical treatment or surgery), nurseries, bank offices, flats, dormitories, apartments, car care, showrooms, private vehicle inspection centres (no repairs or spray painting), colleges, offices that do not store dangerous goods |
| 2 | Clinics, dental clinics (excluding those in shopping malls and petrol stations), hospitals, temples, churches, gyms, fitness centres |
| 3 | Coffee shops, restaurants (excluding those in shopping malls and petrol stations) |
| 4 | Hotels, pet boarding facilities (no medical treatment) |
| 5 | Retail shops (excluding shops in shopping malls, markets and petrol stations) |
About how much is the premium for Chubb SME shop insurance?
Total annual premium, from Chubb Samaggi Insurance's premium table, data as at 10 November 2026
| Business group | Sum insured THB 1 million: Select / Select+ | Sum insured THB 5 million: Select / Select+ |
|---|---|---|
| Group 1: offices, dormitories | 1,416.68 / 2,281.24 | 4,810.72 / 6,733.51 |
| Group 2: clinics, fitness centres | 1,449.85 / 2,315.48 | 4,964.80 / 6,887.59 |
| Group 3: coffee shops, restaurants | 1,850.03 / 2,738.13 | 6,809.48 / 8,753.67 |
| Group 4: hotels | 2,091.85 / 2,993.86 | 7,923.35 / 9,881.45 |
| Group 5: retail shops | 2,267.33 / 3,177.90 | 8,730.13 / 10,697.86 |
The lowest starting premium of THB 997.24 per year is Group 1, Select plan, sum insured THB 500,000, available as either a 1-year or a 3-year policy. The actual premium depends on the business group, sum insured, plan, period and the insurer's underwriting decision. Follow the quote.
A worked example to illustrate
Coffee shop (Group 3), sum insured THB 2,000,000
| Term | Select | Select+ |
|---|---|---|
| 1 year | 3,088.02 | 4,241.48 |
| 3 years | 7,718.98 | 10,603.70 |
| Renewing every year for 3 years (× 3) | 9,264.06 | 12,724.44 |
- A single 3-year policy costs THB 1,545.08 less per year (Select) and THB 2,120.74 less per year (Select+) than taking a 1-year policy each year.
- Moving from Select to Select+ costs THB 1,153.46 more per year. Water damage rises from THB 200,000 to the full sum insured, burglary rises from THB 100,000 to THB 200,000, and the maximum total income compensation rises from THB 60,000 (2,000 × 30 days) to THB 120,000 (4,000 × 30 days).
- Flood limit for this sum insured = 2,000,000 × 20% = THB 400,000
This example is for illustration only. The amount actually paid depends on the insurer's claim assessment. The rule of thumb: a shop with a lot of plumbing, chiller cabinets or ice machines should look at Select+, because Select caps water damage at THB 200,000.
Who is Chubb SME shop insurance for?
- Coffee shops, restaurants, clinics or retail shops in a stand-alone building or shophouse outside a shopping mall that want several covers in one policy.
- Owners of dormitories or apartments who want third-party liability of THB 500,000–1,000,000.
- Shops that do not want to pay an excess themselves on small claims, such as broken glass or stolen items.
- Shops that deliver goods themselves or have a large sign in front, because this plan has extra cover for these two things.
Who should not buy this plan yet?
- Shops in shopping malls, markets or petrol stations. Coffee shops, restaurants, clinics and retail shops located in these places are not in the groups the insurer accepts.
- Shops in flood-risk areas on the insurer's list. They get no flood cover under the package, and the premiums in the table apply only to premises outside risk areas. The list goes down to sub-district level, for example some sub-districts in Khlong Sam Wa, Nong Chok and Min Buri districts.
- Wooden or part-wood, part-brick buildings. This plan accepts only Class 1 structures that are more than 80% concrete.
- Businesses outside the 5 groups, such as garages or car spray-painting shops, fabric or tailoring shops, all-wood furniture shops, fertiliser or fireworks shops, coin-operated machine shops, recycling businesses. For comparison, see SME Total insurance for shops, restaurants and offices, sum insured THB 2–50 million.
- Shops whose main assets are stock the insurer does not accept, namely gold, jewellery, gems, second-hand goods, antiques and collectibles, liquor and wine, vehicles of all kinds, agricultural produce in warehouses, cannabis and hemp, live goods.
Limits to check before you decide
- Flood pays a maximum of 20% of the sum insured. For example, with a sum insured of THB 3,000,000, the flood limit is THB 600,000, even if the real damage is greater.
- Select limits water damage, vehicle impact and riot to THB 200,000. If a pipe bursts and floods all the shop's stock, the part above the limit is paid by the shop.
- Income compensation is paid for 30 days at most. If the shop has to close for repairs for longer than that, it gets nothing more.
- Damage to electrical equipment has a separate limit of THB 50,000 / 100,000. A shop with several expensive coffee machines or chiller cabinets may have damage that exceeds this limit.
- Mobile phones, laptops, tablets, cameras and other portable electronic devices are not covered, including a tablet used as the shop's till.
- Cash lost from the till during opening hours is paid up to THB 5,000, even though the total cash limit is THB 50,000.
- Select does not cover permanently installed glass. Shops with a glass frontage should look at Select+.
- Cover under the endorsements applies only to insured premises in Thailand, and there are exclusions for sanctions and communicable diseases.
If the shop is in a risk area but you want flood cover, try comparing BKI fire insurance for shops, flood included, from THB 861 per year before you decide.
What do you need to tell us to find out your shop's premium?
Tell us just 3 things
- The type of business, and whether the shop is in a shopping mall, market or petrol station
- The shop address down to sub-district level
- The sum insured you want, or the approximate value of the fit-out, equipment and stock
Our team will check whether the shop is in the insurer's flood-risk area, then send back the Select and Select+ premiums for both 1-year and 3-year policies within the business day. If you decide to go ahead, we will send you the application form to complete. If a plan is good value, we will tell you straight. If the conditions differ, we will explain the differences before you pay.
LINE Official: @prakanthai · Tel. +66 2 459 2223
Frequently asked questions
Can a shop in a flea market or community mall buy it?
Retail shops in markets or shopping centres are not in the groups the plan accepts. For coffee shops, restaurants and clinics, the document excludes only shops in department stores and petrol stations. If you are not sure how your shop's location is classed, send us the address and we will check with the insurer first.
If goods are damaged on the way to a customer, can you claim?
There is a goods-in-transit endorsement with a limit of 10% of the sum insured, up to THB 1,000,000 per event and over the period of insurance. For example, with a sum insured of THB 2,000,000, the transit limit is THB 200,000.
If a storm wrecks the sign in front of the shop, is it covered?
There is an endorsement for signs and fixtures outside the building, with a limit of 10% of the sum insured, up to THB 1,000,000 per event and over the period of insurance.
Do you need to raise the sum insured every time stock goes up in a festive season?
There is a 90-day property extension endorsement with a limit of 10% of the sum insured. If stock rises by more than that, or permanently, you should ask for the sum insured to be adjusted.
If employees' personal belongings kept in the shop are damaged, is it covered?
There is a personal belongings endorsement, up to THB 2,500 per person and in total up to 10% of the sum insured or THB 200,000 per event. It does not include money, gold, jewellery, mobile phones, laptops and tablets, which are property that is not insured.
Who approves underwriting and claims?
Underwriting and claim payments are decided by Chubb Samaggi Insurance. As your broker, Prakanthai.com helps coordinate and follows up on your case.
Notes
The cover and premium information on this page is based on the SME Select / Select+ property insurance for small and medium businesses product document, edition 01/2025, and the sales document for the product from Chubb Samaggi Insurance Public Company Limited, checked on 10 November 2026. The conditions of cover follow the standard safe-business insurance policy. It is general information and not part of the insurance contract. Premiums and conditions may change as the insurer announces. Underwriting and claim payments are decided by the insurer. Prakanthai.com is a non-life insurance broker, not an insurer, licence no. 5104000004. Please read the policy and the quote in full before deciding.
