Retailer insurance protects small business owners from unexpected expenses like having to close temporarily due to property damage. Retailer insurance may also cover business crimes like forged checks and loss or theft of sensitive customer and employee information.
A general liability policy can also be tailored to meet a retail business owner’s needs, as it typically covers costs related to customer injury, customer property damage, and some libel and slander claims.
Retailers shoulder a lot of responsibility and a comprehensive insurance policy helps keep their store open and running smoothly, even under difficult circumstances. For example, a commercial property policy covers damage and loss of the equipment and tools needed to run the retail business, whether they are leased or owned by the business.
To find out more about how the various forms of retailer insurance can protect you and your business, please contact us today.