Coverage to help you quickly repair or rebuild damages to the structure of the store. (Can be covered at Replacement Cost or Actual Cash Value)
Coverage to help you replace the contents in your stores such as computers, desks, phones and more. (Can be covered at Replacement Cost or Actual Cash Value)
Also known as Business Interruption Coverage, Business Income Coverage will allow you to continue to receive income while your store is being repaired or rebuilt. Not only does it cover costs for payroll and operating expenses but will also help by replacing lost revenue.
Covers costs to replace outdoor signs, plants and shrubs, fences and more.
Ordinance or law insurance covers the costs associated with having to demolish and rebuild to code when your building has been partially destroyed.
Depending on the type of retail operation, there are many different and unique types of exposures. Meslee Insurance can help you find particular coverage endorsements that fit your operation. Examples of this could be Bailee Coverage for laundry and dry cleaner operations (to replace customer property in your possession) and Spoilage Coverage for florists and food stores (for loss of income arising from mechanical failures like a power outage). Furthermore, there are many other optional endorsements designed to protect owners based on the operation type.
Coverage that protects you from liability for injury or damages arising out of your premises or your business operations. For example, if a customer slips in your store and decides to sue you for injuries, premises and operations liability will cover injury and defense costs.
Coverage that protects you from liability arising out of your products or business operations conducted away from your premises once those operations have been completed or abandoned. For example, you are in the business of retailing homemade pasta sauce, and one of your customers gets sick while trying your product. Should the case go to court, products and completed operations coverage will help handle the defense costs and legal damages that come with service of suit.
Insurance that covers liability for a group of specifically named offenses not related to property damage or bodily injury but are common exposures to most organizations. Examples of this are false arrest, wrongful eviction, malicious prosecution, libel, slander, invasion of privacy, copyright infringement and more.
Coverage that protects you from wrongful acts arising from the employment process such as wrongful termination, discrimination, and sexual harassment. EPLI coverage is also offered as a standalone policy, and more information can be found bi visiting the EPLI section of our website.
Just like with Business Property Insurance, there are many endorsements that can be found to protect your particular situation. Examples of this could be Liquor Liability Insurance or Barber & Beautician Liability Insurance.
Coverage that protects you from situations where your employee or group of employees are stealing inventory or acting dishonestly in various ways.
Coverage that protects you from the theft of money or other property stolen from your premise or from an employee performing tasks like going to the bank for a deposit.
Coverage that protects you should you discover that customers have been using counterfeit currency to purchase your products or services
Coverage that protects you from outside accountants or bookkeepers that are acting dishonestly. An example of this could be a bookkeeper that is writing themselves checks payable by you!