Convenience stores range in the types of operations and services they offer. You have some stores that have cooking and baking facilities while others may include a pharmacy section, sell alcohol and also have a gas station operation. There can be many unique exposures folded into one operation. When you consider all of this, the need for a specialist who knows how to protect against all these exposures is critical. The professionals at Sine Insurance Group can provide you with the protection you require to safeguard against the diverse and complex risks that come with operating a convenience store.
End-to-End Solutions to Address Your Exposures
Your liability risk is inherently great as a result of the traffic volume your store gets. You need to protect against the potential of slips and falls and injuries to customers. Our staff will work with you to determine the proper general liability limits you should carry to protect your assets in the event of an accident on your premises. You must also make sure you have proper property insurance in the event of a fire or other covered peril. We’re experienced in analyzing store sales, the square footage, and inventory based on the products sold to determine the appropriate property coverage and limits you need.
Another area of concern is product liability should someone injure himself from the use of the products your store sells. Equipment breakdown and business interruption are exposures that need addressing so you can continue your operation as quickly as possible after a loss. For example, if a fire forces you to close down temporarily, you need coverage to continue paying your expenses, including payroll, while repairs are being made.
At Sine Insurance Group, we have the ability to bundle your coverages with a Business Owners Policy (BOP), which is designed for small to medium stores. Or, you can use a package policy approach for larger stores. These package-type policies include general liability and property coverages. In addition, we can provide you with the following key insurance products:
- Pollution Liability
- Equipment Breakdown
- Business Interruption
- Dependent Properties Loss of Income
- Commercial Auto
- Crime Insurance
- Employee Dishonesty
- Cyber Liability
- Employment Practices Liability Insurance
- Workers’ Compensation
Depending on your operation, we also offer druggist liability, liquor liability, and broadened building coverage that includes gas pumps when these exposures exist.
Equally important is having a strong accident prevention and safety program. We partner with leading carriers that will assist us in helping you implement a solid program to mitigate risk and minimize your losses.