What can your convenience store insurance cover?
Every convenience store owner will appreciate what it means to work round the clock throughout the year. The ACS ‘s Local Shop Report found that 20% of independent convenience store owners work more than 70 hours a week and 19% take no holiday through the year. Being a pillar of support for your local community is fulfilling but time consuming. You need insurance that’s simple to set up with the assurance of quality from an association you know and trust.
Premierline has many years’ experience arranging risk management solutions for independent shops and franchised retailers. So, we arrange insurance for convenience stores that’s designed to offer all the protection you need.
Liability insurance for convenience stores
There are two main types of liability insurance included within most convenience store insurance policies to offer you protection against accidents in your shop.
Public liability insurance can offer financial protection against claims made against you by third parties. If someone falls over in your shop or sustains damage to property as a result of your business activities they could claim against you. Typically included at a minimum of £2 million, this cover can help protect you against the financial impact of unexpected claims.
The convenience store sector provides over 370,000 jobs across the UK. As an employer you’re legally required to take out employers’ liability insurance in case a member of staff injures themselves at work. Both of these liability insurance covers can be purchased together with a number of other insurance covers for your convenience store.
Contents insurance for convenience stores
Protecting your assets is essential for any business owner. You will have stock, fixtures and fittings, contents and potentially buildings to insure against weather events, and other risks that could affect your trading ability. These covers can be combined with your liability insurance covers into one comprehensive convenience store insurance policy.
Business interruption insurance for convenience stores
In the event of a claim, your main concern is to get back to normal as quickly as possible. After all it’s your livelihood and main source of income. When faced with disaster, you need convenience store insurance that supports you all the way, so if you’re unable to trade for a while this cover could help tide you over. Business interruption insurance can protect your income and fixed expenses following property damage at your shop.
Sometimes it can take months to recover from a serious incident, even years. By including business interruption in your convenience store insurance policy you can be safe in the knowledge that you’re covered if something unexpected happens.
Convenience store insurance with Premierline
We understand the pressure of running your own business can leave little time for much else. We’re here to offer you a range of convenience store insurance quotes tailored to your individual needs.
Premierline works with a number of insurers alongside a trusted trade body to help you arrange a great value shop insurance policy. Simply call us for some expert advice or compare quotes online today.