NAICS UNIVERSITY · Free research for insurance agents
Formal Wear and Costume Rental
NAICS 532281 · United States · 2022 edition
This U.S. industry comprises establishments primarily engaged in renting clothing, such as formal wear, costumes (e.g., theatrical), or other clothing (except laundered uniforms and work apparel).
Start the review with rental inventory exposure.
For Formal Wear and Costume Rental, the saved research highlights rental inventory exposure, premises liability, employee injuries. Confirm how these arise in the actual operation, what controls are used and whether additional services change the proposed coverage.
Questions to ask
- What is the total replacement value of the garment inventory, both on-premises and out with renters at any given time?
- How many items are typically rented out simultaneously, and what is the average per-unit value?
- Are any garments sent off-site to third-party cleaners or alteration specialists?
- Does the business deliver or pick up garments using owned or hired vehicles?
- Is any inventory considered high-value designer, couture, or collectible in nature?
- Are theatrical, film, or production rental operations a meaningful part of the business?
- For Formal Wear and Costume Rental, what should the underwriter know about very high-value designer or couture inventory that may exceed standard program limits?
- For Formal Wear and Costume Rental, what should the underwriter know about significant theatrical or production costume rental operations with large off-site deployments?
Activities described by this code
Other activities to examine
Census classification reference
For educational purposes only. AI-generated insurance research and automated logic can contain errors. Independently verify classification and coverage decisions.
Compare another operationInsurance operations research — draft
Formal wear and costume rental establishments maintain an inventory of garments — tuxedos, wedding attire, theatrical costumes, holiday costumes, and similar items — that customers rent for a defined period. Operations typically include fitting, alterations, garment cleaning, and inventory management. Items frequently leave the premises with renters and are returned for inspection and cleaning before re-rental.
Questions to investigate
- What is the total replacement value of the garment inventory, both on-premises and out with renters at any given time?
- How many items are typically rented out simultaneously, and what is the average per-unit value?
- Are any garments sent off-site to third-party cleaners or alteration specialists?
- Does the business deliver or pick up garments using owned or hired vehicles?
This insurance research was generated in April 2026. It has not received a complete human review. The October 12, 2026 audit checked codes and titles only, not descriptions or coverage assertions.