Retail Insurance
Comprehensive Protection for Products, People, and Profit
What Is Retail Insurance?
Retail Insurance is specialized protection designed for businesses that sell products directly to customers—whether you operate a boutique, convenience store, specialty shop, or multi-location retail operation. This coverage helps safeguard your store, inventory, employees, and customers from common risks such as property damage, theft, accidents, liability claims, equipment breakdowns, and business interruptions.
Retail Insurance combines essential protections into one comprehensive package, giving you the security you need to run a successful retail business.
Why Do You Need It?
Retail environments face a wide range of daily risks: customer injuries, shoplifting, damaged inventory, employee accidents, and unexpected events such as fires or severe weather. Without proper coverage, these incidents can lead to major financial setbacks, lost revenue, or even temporary closure.
Retail Insurance ensures your store stays protected from these challenges by covering repair costs, replacing lost merchandise, and offering liability protection. It’s a crucial safeguard that keeps your business running smoothly and helps maintain your reputation, customer trust, and long-term growth.
Types of Retail Insurance
General Liability Insurance – Covers customer injuries, property damage, and third-party claims that occur in your store.
Commercial Property Insurance – Protects your building, inventory, equipment, and fixtures from fire, theft, vandalism, and other covered losses.
Business Owners Policy (BOP) – Bundles property and liability coverage into one convenient, cost-effective policy for retail businesses.
Workers’ Compensation – Covers medical expenses and lost wages if employees are injured while working.
Commercial Auto Insurance – Protects vehicles used for deliveries, stock transport, or store operations.
Product Liability Insurance – Covers claims of injury or damage caused by products you sell.
Cyber Liability Insurance – Protects against data breaches, stolen customer information, and cyberattacks—critical for POS systems and online sales.
Business Interruption Insurance – Helps replace lost income if your store must temporarily close due to a covered event.
Equipment Breakdown Coverage – Covers repair or replacement of essential equipment like POS systems, refrigerators, or electrical systems.
Inventory Coverage – Protects your merchandise from loss due to theft, damage, or disaster.