Finding an affordable and convenient solution for your convenience store insurance may sound like a confusing process. And that statement is especially true if you NEED to be protected from the range of different hazards convenience stores may face. But finding affordable convenience store insurance doesn’t necessarily have to be a hurdle. With nearly 155,000 convenience stores in the US, 80% of these stores also operate as gas stations (www.nacsonline.com) If you own one or more of these sweeping convenience stores, it is vital that your investment is protected from unfortunate accidents and mishaps.
Regrettably, accidents do happen and regardless of negligence or liability issues, a convenient store insurance policy package should include some important coverages to protect you and your business from devastation. The below are a few coverages recommended:
Commercial Liability Insurance – this coverage protects your business from third-party injuries in your convenience store or outdoor property.
Property Insurance – this coverage protects your commercial property your or your business owns, which can include:
- Convenience store building
- Convenience store contents
- Convenience store equipment
- Gas station canopy
- Gas station pumps
Workers Compensation – coverage to protect your employees from injuries sustained while on the job. Keep in mind, many states such as Illinois, Indiana and Michigan mandate workers compensation insurance for all businesses with at least one full time or part time employee.
Liquor Liability Insurance – If your convenience store sells beer, wine, or liquor, it is important to carry liquor liability insurance. Liquor liability insurance protects your convenience store if it is held liable for property damage or injuries caused by an intoxicated person who purchased the beer, wine liquor or any alcohol in your convenience store.
Convenience Store Insurance Quotes
Obtaining insurance for your convenience store is not as complicated as you may think. Taking a few minutes to speak with a licensed insurance agent about your specific convenience store, its operations, and other details will allow for a comprehensive, yet affordable, convenience store insurance policy. Insured ASAP is a leading provider of small business insurance in Illinois, Indiana and Michigan. Contact us today for an easy and quick convenience store insurance quote.