Factors to Consider When Buying Convenience Stores Insurance

If you own a convenience store, you want to purchase the right sort of coverage in order to protect your business. Some factors you should take into consideration are the company you purchase your policy from, the sort of exposures your store has, and the specific type of coverage you need.

The Company

You want to buy your convenience stores insurance from a company that has experience in your industry. Choose an agent who is familiar with the ins and outs of your business. For example, look for an insurer that:

  • Handles claims efficiently
  • Has the best rates
  • Is backed by “A” rated carriers
  • Is known for their exemplary customer service

Your Store’s Exposures

Be sure to discuss your store’s specific exposures with your insurer. For example, ask about convenience stores insurance coverage to protect against:

  • Gas pump malfunctions
  • Canopy problems
  • Power failure
  • Food spoilage
  • Hepatitis

Types of Coverage

There are different types of policies to choose from, so make sure you select the right coverage for your store. For example, consider purchasing:

  • Workers Compensation
  • Hired and Non-owned Business Auto Coverage
  • Liquor Liability
  • Business Owners Policy
  • Employment Practices Liability
  • Pollution Liability

It’s important to find an agent who knows how to tailor a policy to meet your needs. Find an insurer that can help you protect your business, so you can rest assured knowing that you are safe.