Retail Stores
Retail store insurance, also known as commercial insurance or business insurance, is a type of insurance coverage designed to protect retail businesses from various risks and liabilities they may face in their day-to-day operations. Retail store insurance typically includes several types of coverage that can be customized to meet the specific needs of a retail business.
It typically includes property insurance, general liability insurance, business interruption insurance, commercial auto insurance, cyber liability insurance, and product liability insurance. It's important for retail store owners to assess their risks and work with an insurance professional to determine the right coverage for their business.
Types of retail stores we insure:
• Florists
• Gift Shops
• Salons
• Hardware
• Grocery
• Shoe Shops
• Appliance Stores
• Paint Stores
• Clothing Shops
• Convenience Stores
Optional coverages:
• Equipment Breakdown
• Business Interruption
• Peak Season Endorsement
• Sewer Back Up
• Flood
Rating will take into account the annual revenue, the product they are selling, location and nearby exposures. Simple retail exposures could be as low as $1,000.
It's important for retail store owners to assess their unique risks and consult with a qualified insurance professional to determine the appropriate types and levels of coverage needed for their business. Insurance requirements may vary depending on the location, size, and nature of the retail store.