Convenience Store Insurance Mount Dora, FL
Convenience stores are staples for both their local communities and the transportation economy. Servicing a large array of customers comes with a number of serious risks, including shoplifting, vandalism or injury.
Maranatha Tax & Insurance Agency
can protect your convenience store with the proper coverage for your needs. Protect your business today by calling352-508-4294
or filling out an online form
for a free quote today.
Why Do I Need Convenience Store Insurance?
Convenience store insurance is an investment. It protects your business to better ensure long-term commercial success.
As an owner of a convenience store, there are a number of risks you and your business face, including:
Convenience store insurance helps protect against those risks and can be tailored to other specific challenges your business faces.
What Does Convenience Store Insurance Cover?
Some of the coverage options for convenience store insurance include:
Property coverage: This insurance protects your building and your business’ personal property (contents). Should you experience a damaging hazard, coverage can help you make repairs.
Business income coverage: An accident may mean you have to suspend operations. This could lead to a loss of profit and revenue. Business income coverage can help minimize such losses.
Equipment breakdown insurance: Repairs for broken A/C systems, refrigeration or cooktops in your store can all be costly expenditures. This coverage helps fund repairs, so you don’t lose money fixing the problem.
General liability coverage: Guests or other parties who suffer harm because of any company negligence may seek damages. Such challenges could arise from accidents as simple as a customer’s fall on a wet floor. Your liability coverage can help the affected party pay for their losses so that your bank accounts won’t have to.
Employment practices liability insurance (EPLI):Employee allegations of discrimination, wrongful termination, harassment or other employment issues can lead to costly legal fees and settlements. This coverage can help alleviate the cost.
Liquor liability coverage: Do you sell alcohol in your store? If you do, there’s a chance that your sales could lead to buyers harming themselves or others. The harmed party might blame the store for the damage because you supplied the alcohol. This coverage can help you settle damages associated with such claims.
Commercial crime coverage: Theft is a real risk in convenience stores, from both employees and customers. This coverage offers financial protection in these circumstances.
When will convenience store insurance cover my losses?
Convenience store insurance will usually only cover losses caused by accidental, unpreventable or unavoidable hazards that strike the business. Damage that results from wear and tear, neglect and related occurrences might have no coverage. Policies might also exclude certain types of damage, and you should speak to your agent about the unique terms included in your policy options.
How much does convenience store insurance cost?
Your premiums will vary based on numerous factors, including:
Value of the property
Maranatha Tax & Insurance Agency will always help you find the most affordable coverage for all your needs. Contact us today.