Retail

• CONVENIENCE & GROCERY <<

• CLOTHING & FOOTWEAR <<

• GENERAL MERCHANDISE <<

• JEWELRY <<

When you’re in the retail industry, your products and inventory are your primary source of income. If a fire were to damage your list, not only would your income stream halt, but the cost to replace these items could set your business back financially.

Accidents happen, and if one results in a lawsuit, the financial settlement could be complex for your business to absorb. Damage to a third party’s belongings or causing injury to a third party isn’t something anyone plans for when they come to work in the morning. Unfortunately, accidents happen, so having a general commercial liability policy is essential to financially protecting your business.

This insurance is designed to protect your business from theft and employee dishonesty. While it’s an unfortunate situation to think about, it can happen. Rather than just hoping it doesn’t, it’s a good idea to have a plan in place so a loss doesn’t significantly impact your business.

This coverage is essential if your business stores sensitive client information, bank records, or other vital information on its computer systems. As a business owner, it’s necessary to be realistic about cybercrime risks. To protect yourself fully, you’ll want to talk to one of our advisors who can help assess your situation.

When most people think of insurance, they think about physical assets like their buildings and equipment. If a substantial loss occurs, like a fire burning down your building, it’s great that you have property insurance in place, but all that policy will cover is the cost of rebuilding your structure. What about all the income you lose because your business is now closed? Business interruption insurance must protect your business from a significant financial loss.