Retail Insurance
Request a Quote Call (916) 967-7715
Quick answer: Retail insurance usually starts with general liability for customer injuries and property damage claims, plus commercial property for your building, fixtures and inventory. Many retailers combine these in a business owners policy and add crime, business interruption and umbrella coverage. Lions & Coventry builds each retail program around how your store operates.
It’s no secret that retailers have a lot to manage! Customers, displays, inventory, and employees are just a few of the things you have on your mind and the last thing you want to spend your time on is insurance. Along with all that you have to manage, there are risks to manage as well and by having the right retail insurance policy you can take a deep breath and know that you’re covered. While retail businesses have certain things in common, they are not alike. Here at Lions and Coventry, we will take the time to learn about your business and make sure that your retail insurance plan fits both your needs and your budget.
Here are some insurance options available to you:
- Commercial General Liability
- Commercial Property Coverage
- Crime Insurance
- Umbrella Coverage
- Business Owners Policy
- Business Interruption Insurance
Contact a representative at Lions & Coventry Insurance Services to go over these and other insurance options for retailers.
Talk to a licensed producer: call (916) 967-7715 or request a quote online. Lions & Coventry Insurance Services, Est. 2009, CA Lic. #0G22084.
Retail insurance FAQ
What insurance does a retail store need?
Most retail stores start with commercial general liability and commercial property coverage for the building, fixtures and inventory. Common additions include crime insurance, business interruption insurance, umbrella coverage, and workers’ compensation if you have employees.
What is a business owners policy for retailers?
A business owners policy (BOP) packages general liability and commercial property, and often business income coverage, in one policy for eligible small and midsize businesses. Many retail stores qualify, but stores with higher-risk products or larger operations may need coverage written separately.
Does retail insurance cover theft?
Property coverage can respond to theft of your inventory and equipment by outsiders, subject to the policy terms and any limits. Employee theft and loss of money and securities generally need crime insurance.
What information do I need for a retail insurance quote?
Have your business name and store locations, what you sell, annual sales, the value of your inventory, fixtures and equipment, building details if you own or lease the space, your security and fire protection, the number of employees and payroll, any lease insurance requirements, and your prior claims history.
What drives the price of retail insurance, and how do I get a quote?
Price depends on what you sell, your location, your building and inventory values, annual sales, security, payroll, the limits you need, and your claims history, so we do not publish rates. Call (916) 967-7715 or send your details through our contact page, and a licensed producer will review your business and shop the coverage with carriers that write retail stores.
Related coverage: Commercial general liability · Business owners policy · Crime insurance · Restaurant insurance · Contact us
Brokerage guidance, not legal advice. Coverage depends on the policy form, underwriting and carrier availability.