Insurance Policies all Retail Businesses Should Have

Our all lines insurance specialists are here to design the perfect insurance program tailored to the unique needs of retail businesses that can help protect you from a range of accidents and mishaps, such as: weather-related damage, malfunctions in utilities, theft, vandalism, and other manmade problems.

Policies to consider include:

Business Automobile Liability Covers the financial responsibility if you or an employee is at fault in an automobile accident and people are injured or their property is damaged.

Business Income Insurance including Extra Expense Covers loss of income suffered by a business when damage to its premises by a covered cause of loss causes a slowdown or suspension of its operations. Coverage applies to extra expense incurred during the time required to repair or replace the damaged property. additional costs while recovering from a major disruption.

Cyber Liability Insurance  Can cover costs associated with data breaches and cyber attacks on your business, such as loss of income due to a cyber event, costs associated with notifying customers affected by a breach, costs for recovering compromised data, costs for repairing damaged computer systems, and more.

Environmental Impairment Liability (EIL)  This policy is designed to provide coverage for unknown pre-existing, and future environmental liabilities. It can be tailored to provide coverage for claims for bodily injury, property damage, and cleanup costs as a result of a pollution event.

Equipment Breakdown Insurance  Protects your company’s mechanical, electrical, and computer equipment from unexpected breakdowns including the cost to repair or replace damaged equipment.

Product Recall Liability If your business has to recall a product for either voluntary or involuntary reasons, this bond can cover the cost of collecting and/or disposing of recalled or unsafe products; as well as crisis/public relations management.

Property Insurance Provides protection for, but not limited to, your building, its equipment, and the business’ personal property within the building against all covered causes of loss such as but not limited to Windstorm, Fire, Earthquake, Theft, and attempted theft.

Umbrella Policy Extra insurance that provides protection beyond existing limits and coverages of other policies, including bodily injuries, property damage, as well as personal and advertising injuries.

Fulcro’s all-lines insurance brokers are committed to helping you design an effective and specialized insurance program for your specific industry.

Contact our team at get@fulcroinsurance.comget@fulcroinsurance.com or call our offices at 787.725.5880 (Puerto Rico), 404.873.2536 (Georgia), 407.384.2201 (Florida), or 809.620.0000 (Dominican Republic) for a free consultation.

Get Fulcro.