Add on coverage to fit your business risks. For that, you’ll need workers’ compensation insurance. Competitive RatesWe understand that cost is a significant factor when choosing insurance.
No matter where you're located or how you operate, we have you covered. Retail business insurance acts like glue to hold all these parts together so if one falls off suddenly your enterprise won't collapse into pieces.
Protect yourself as an employer. Cyber insurance protects against losses caused by data breaches while guaranteeing the privacy and protection of customer sensitive information. Workers’ Compensation Retail store policies cover various aspects, including:Property Coverage: Protecting against unexpected events such as fire, theft, or vandalism to ensure you can rebuild or repair your physical space without suffering significant financial loss is crucial.
Should a customer slip and fall in your store and sustain injuries that require medical treatment or legal fees due to being legally responsible. EPL+ defends your business in the event of any claims alleging unlawful employment practices such as discrimination or wrongful termination, by covering both legal expenses as well as potential settlement damages up to your coverage limit.
Whether you have employees driving occasionally to an off-site meeting or a fleet of drivers delivering products to customers every day, protect your business on the road. When selecting an insurance provider, consider their experience, customer reviews, the range of services they offer, and their willingness to provide a customized policy.
Here you’ll find easy explanations for all your questions about coverages, pricing, and more. Retail Store Insurance: Protecting Your Physical SpaceA retail store is at the core of your business, so protecting it with insurance should be top of mind.
Typically, this aspect of retail insurance policies reimburses you for covered events that cause damage to your building, outdoor sign, furniture, equipment, inventory, and potentially property of others that you keep on your premises. Workers' Compensation insurance: In most states, workers' comp is mandatory for businesses that employ staff.
Retail store insurance covers various aspects, including:Property Coverage: This guards against damage to your store due to unforeseen events like fire, theft, or vandalism.
Protecting against lawsuits and financial liabilities caused by incidents like customer injury is the primary function of commercial auto insurance policies, making them essential if you operate any vehicles for business use, such as delivery vans.
An umbrella policy is a good idea for retailers, who face multiple types of liability. Retailers
Depending on the policy, those incidents might include weather-related damage, malfunctions in utilities, theft, vandalism and other manmade problems. An Allen Thomas Group Retail Business Policy gives you just that protection: property and liability coverage tailored to fit your unique business.
Speak With an Agent Now from The Allen Thomas Group at (440) 826-3676.
Contact a agent from The Allen Thomas Group for more information and a customized quote.
Our team of experts can help you get customized coverage for your business.
A retailer also should consider coverage for data breaches, employee dishonesty, employment practices liability, and perishable goods, if applicable. Make sure that your Business Owner Policy (BOP) includes temporary shutdown coverage should something arise like fire or another covered loss causing temporary closure of operations. Protect those who work for you. General liability insurance can help pay for: Note that this policy does not cover employee injuries. Once you find the right policy, you can begin coverage in less than 24 hours.
Retail shop insurance ensures that your merchandise is safeguarded. As a business owner or an employee, there are a number of preventive steps you can take to help keep your company's data secure.
If you operate a small retail shop, combining general liability and commercial property coverage into one Business Owner's Policy may save money compared to purchasing both policies separately. Coverage such as this can replace lost net income and cover ongoing expenses such as payroll or mortgage payments, plus relocation expenses should they arise.
At The Allen Thomas Group, we understand that one size does not fit all when it comes to retail business insurance. What should I consider when selecting an insurance provider? We believe in providing value for your investment, giving you peace of mind without breaking the bank. The best way to get an accurate premium estimate is to consult with our experienced agents.
Storeowners who have encountered such situations know the importance of having adequate coverage with adequate limits. Work with your agent to find the right amount of coverage for your business. This is where we come in. Here are just a few of the ways the day can suddenly go sideways for a retail business:Your retail business is as unique as your products, so how do you decide what coverage to get?
It helps cover the cost of a data breach or cyberattack. Cyber insurance protects you from losses resulting from data breaches, ensuring your customers' sensitive information is safe. When you're ready to purchase retail insurance, speak to an agent from The Allen Thomas Group about available coverage options.
Several factors can influence your insurance premium, including the location of your store, the type and amount of coverage you need, your claims history, and the size of your business. While any small business needs to plan for unexpected burst pipes, fires or lightning storms, retail businesses also face risks like data breaches or delayed shipments that should be planned for.
When you insure your business with The Allen Thomas Group, you get loss control tools and resources, including a Loss Control Services team who can review your operations, procedures, and programs. Complete The Allen Thomas Groups simple online application now and find a policy in less than 24 hours - or bundle general liability and commercial property into a Business Owners Policy which could save money over buying separate policies individually.
If this is the case for your business, you will require commercial auto coverage for it. Liability insurance serves as customer protection.
While general liability insurance covers many common risks, it does not provide complete protection. When shopping for commercial property coverage, keep these three elements in mind: (1) Weather-related damage (2) Utility malfunction (3) Theft vandalism and theft vandalism and any other manmade issues Your physical shop and its contents could be at risk from unexpected losses caused by fire, storm damage, theft, vandalism and vehicle - or even airplane - collision.
Can I combine multiple forms of retail insurance together in order to save costs?
Here are a few tips to help you select the appropriate coverage for your retail business: Consider purchasing a Business Owner's Policy (BOP).
General liability insurance protects your shop when a competitor claims you copied a logo or caused reputational harm.
Retail business insurance will protect your retail company against liabilities like customer accidents, property damage and theft, employee injuries and illnesses, as well as customer disputes.