Convenience stores have become a part of American culture.They can pop into whatever neighborhood and complement the lifestyle of the people in the area. There’s almost always a convenience store a few blocks away for a quick bite before work, a cup of midnight coffee, or some daily staples.
But while convenience stores exist to make people’s lives easier, running one is by no means a simple feat.
As a convenience store owner, you’re probably already aware of the fact that your business is exposed to a range of unique risks every single day. The round the clock operations, the number of people going in and out, and even the goods on the shelves can potentially cause trouble for the business and employees. These are just some of the reasons why convenience and retail store insurance is necessary.
Protecting Your Business with Convenience Store Insurance
When creating an insurance portfolio for your store, think of the possible risks that your business may encounter in the future. One of the first things you need to protect your business against is property damage. Some property insurance coverages to consider include:
- Building insurance
- Contents insurance
- Crime insurance
Another thing to consider is liability insurance coverage. Liability lawsuits can potentially ruin your business finances, so it’s crucial to include the right liability insurance policies in your portfolio.
Aside from property and liability insurance, your business can also benefit from other types of insurance coverages such as:
- Worker’s compensation insurance
- Business income insurance
- Employment practices insurance
- Flood and earthquake insurance
Choosing the Right Insurance for Retail and Convenience Stores
Building an excellent insurance portfolio is a complex process. But don’t worry because Bennett and Porter can take care of that for you! Our insurance agents are adept and experienced in identifying risks and recommending the right coverage options.
Should you choose to work with us, we can guarantee that you’ll have proper and adequate insurance against risks that potentially endanger your business’ future.