What Does It Cover?

Retail Insurance protects your company against specific risks associated with running a business, such as third-party damage and theft.

A comprehensive policy will typically include the following:

1. Commercial General Liability (CGL)
2. Coverage for Products
3. Completed Operations Liability
4. Errors and Omissions

Who Needs Retail Insurance?

If you own a business, there are always risks in the industry you operate, such as third-party injuries, cyber-attacks, property damage, and thief.

Retail Insurance will provide the coverage and protection should you or one of your employees be named in a lawsuit.

Whether you operate your business out of your home, rent, lease or own a commercial space, Retail Insurance will protect you and your company.

Some of the businesses we insure include:

1. Fashion Boutiques.
2. General Stores
3. Grocery Stores
4. Craft Shops
5. Antique Stores

What Does It Cost?

The cost of Retail Insurance is not significant and varies depending on a number of factors. ​

The following factors are typically taken into consideration when determining your premium:

• Industry and Services Offered​
• Years of Experience​
• Number of Employees​
• Annual and Projected Revenue​

We have access to many different insurance providers and can therefore offer you different options to ensure the best coverage at the best price.

Situation:
You own a general store in a small town in Atlantic Canada. During a big winter storm, you are forced to close for one week. Resulting in a loss of revenue,

Outcome:
Your Business Interruption Insurance will protect your business in the case of lost revenue.

Situation: 
You own and operate an upscale fashion boutique. For payment you accept cash and credit. You are the target of a cyber attack you steals your clients credit card information.

Outcome: 
Your Cyber Insurance would protect your business and coverage the costs associated with the breach.

Situation: 
You own and operate a small store front business. During a snowstorm someone slipped and fell in your store. This fall resulted in a broken arm.

Outcome:
Your Commercial Liability Insurance will protect you if you are proven negligent for not providing a safe passage for your customers.