Protecting Your Storefront

Retail businesses invite the public into their space every day. Customers browse, handle merchandise, and interact with staff. This creates exposure that purely online or service businesses do not face.

Your insurance needs to address premises liability, inventory protection, employee coverage, and the unique risks of your specific retail category.

General Liability

Customer injuries are the most common retail claims. Slips and falls, merchandise falling on customers, injuries in parking lots – general liability covers it all.

Your landlord will require proof of coverage before you sign a lease. Most require $1 million minimum per occurrence.

Property Insurance

Your inventory represents significant investment. Property insurance protects against fire, theft, water damage, and other covered perils.

Pay attention to seasonal inventory fluctuations. If your stock increases significantly during holidays, make sure your coverage reflects peak levels.

Business Income

If a covered event closes your doors, business income coverage replaces lost revenue. For retail, this is especially important – customers cannot wait months for you to reopen.

Crime Coverage

Retail faces theft from multiple angles: shoplifting, employee theft, robbery. Crime coverage addresses losses that property insurance typically excludes.

Workers Compensation

Retail employees face lifting injuries, repetitive stress from register work, and slip hazards. Workers comp is essential once you hire staff.