A comprehensive retail business insurance policy typically includes:
- Commercial General Liability (CGL): Covers third-party bodily injury and property damage connected to your business operations; a customer slip and fall, accidental damage during delivery, or other liability events.
- Coverage for Products: Protects your business against claims arising from products you sell or distribute that cause injury or harm to a customer.
- Completed Operations Liability: Covers claims that arise after services or installation work connected to your retail operation have been completed.
- Errors and Omissions (E&O): Covers claims alleging financial harm caused by professional advice or recommendations your retail business provided alongside its products.
- Cyber Liability Insurance: Covers costs from data breaches and cyber attacks.
Business Interruption Insurance: Reimburses lost net business income and fixed overhead expenses if your operations are paused due to an insured loss.
