Retail Stores Insurance
Retail store insurance addresses the specific risks of running a customer-facing store: premises liability for shoppers injured in your store, product liability for items you sell that cause harm, commercial property for merchandise and leasehold improvements, and crime coverage for shoplifting, emp…
Key Coverages for Retail Stores Businesses
- Commercial property — leasehold improvements, merchandise, and equipment
- Commercial general liability for premises injuries
- Product liability for items sold that cause injury
- Business income and extra expense during closure
- Crime coverage — employee theft and burglary
- Accounts receivable and valuable papers
Frequently Asked Questions
What is a BOP and is it right for my store?
A BOP bundles commercial property and general liability into a single packaged policy at a lower combined cost. It's typically available for businesses under $5–10M revenue with simple operations. For most small retailers, a BOP is the most cost-effe…
Does retail insurance cover shoplifting?
Standard commercial property covers burglary (forced entry after hours) but typically excludes shoplifting. Crime endorsements including 'theft by a third party' are available for high-theft merchandise categories. Employee theft is covered separatel…