Strong Financial Backing
Berkshire Hathaway option - financial strength provides exceptional stability and claims-paying ability for your convenience store or retail business operations.
Digital Platform Efficiency
Streamlined digital platform delivers competitive rates through technology, making it faster and easier to get coverage for your retail operation.
Broad Retail Appetite
Comprehensive appetite for retail operations including convenience stores, small retail shops, and various retail business models with flexible underwriting.
Business Owner Policy
Standard BOP limits providing general liability, property coverage, and business interruption protection designed for retail operations and convenience stores.
Why Retail Businesses Need Comprehensive Coverage
Standard business insurance may not provide adequate protection for the unique risks and challenges that convenience stores and retail operations face daily.
Basic Business Insurance
- Limited retail understanding
- Basic liability coverage only
- No specialized retail provisions
- Limited property protection
- Minimal technology efficiency
Our Retail Business Coverage
- Broad retail business appetite
- Comprehensive BOP coverage
- Retail-focused underwriting
- Enhanced property protection
- Digital platform efficiency
Convenience Store & Retail Insurance Complete Guide
What is Convenience Store & Retail Insurance?
Convenience store and retail insurance provides Business Owner Policy (BOP) coverage combining general liability, property protection, and business interruption coverage designed for retail operations, convenience stores, and small retail businesses with broad industry appetite and competitive digital pricing.
Why Do Retail Businesses Need Specialized Coverage?
- Customer Traffic: High volume of customers increases slip and fall and general liability exposures
- Inventory Risks: Significant inventory values require comprehensive property protection
- Business Interruption: Lost income from covered property damage can be substantial for retail operations
- Product Liability: Selling products creates liability exposure for defective or harmful items
- Security Concerns: Cash handling and valuable inventory create theft and crime exposures
Who Needs Retail Insurance?
- Convenience Stores: Small retail stores offering everyday necessities and quick purchases
- Small Retail Shops: Independent retail businesses and specialty stores
- Corner Stores: Neighborhood retail operations serving local communities
- Mini Markets: Small-format retail stores with limited grocery offerings
- Gas Station Retailers: Retail operations associated with fuel service stations
- Independent Retailers: Non-franchise retail operations and family-owned stores
Coverage Features and Limitations
Our retail coverage provides standard BOP limits with general liability, property coverage, and business interruption protection. The program features broad retail appetite and digital platform efficiency for competitive rates. However, coverage has some restrictions with most carriers excluding 24-hour operations, which presents a limitation for round-the-clock convenience stores.
24-Hour Operations Challenge
A significant limitation in the convenience store market is that most carriers exclude 24-hour operations due to increased security risks and liability exposures. This creates challenges for many convenience stores that operate around the clock, requiring specialized underwriting or alternative coverage solutions.
Digital Platform Advantages
Our digital platform provides efficiency and competitive rates through technology, streamlining the application and underwriting process for retail businesses. This technology-driven approach helps reduce costs while maintaining comprehensive coverage for qualifying retail operations.
Berkshire Hathaway Financial Strength
Coverage backed by Berkshire Hathaway provides exceptional financial stability and claims-paying ability, giving retail business owners confidence in their insurance protection. This strong financial backing ensures reliable coverage when claims arise.
Geographic Availability
Coverage is available across 28 states with broad retail appetite for qualifying convenience stores and retail operations. The program focuses on providing comprehensive protection for retail businesses that meet underwriting guidelines, particularly those with standard operating hours.