The retail industry is highly competitive, constantly evolving, and presents unique challenges and risks.
That's why Mason-McBride offers insurance solutions for various retail businesses, including clothing, furniture, grocery stores, and convenience stores.
Our team works with experienced carriers to provide tailored coverage that meets the specific needs of your retail business.
Notable exposures currently getting attention in the marketplace are:
Business Property Insurance:
Business property insurance covers equipment, signage, inventory, and furniture in the event of a fire, storm, or theft. However, it doesn't cover mass-destruction events like floods and earthquakes.
General Liability Insurance:
General liability insurance can help protect your business against claims for bodily injury, property damage, advertising injury, errors, or omissions. In addition, without this coverage, you may be responsible for paying out of pocket for legal costs, such as attorney fees and settlement amounts.
Workers Compensation Insurance:
Worker compensation insurance gives employees benefits to help recover from work-related injuries or illnesses. It can also benefit your employee's families if they lose their lives in a workplace accident. Different factors, such as job risk, claims history, and payroll size, can affect workers' compensation costs.
Commercial Umbrella Insurance:
Commercial umbrella insurance extends the coverage limits for some of your liability policies. So, if a claim exceeds the limits on your policy, your umbrella insurance can help cover the difference.
Cyber Liability Insurance:
Cyber liability insurance helps your business respond to a data breach if identifiable information gets lost or stolen personally. In addition, many policies will include extortion coverage, business income protection, and systems failure, all caused by a breach.
Our professional team can help you navigate the insurance marketplace and conduct a risk review. We advise not waiting for an event to audit your program and make necessary adjustments.
We can also provide business-specific coverages, including crime insurance, employee benefits liability insurance, and food spoilage, among many others. Again, Mason-McBride will put together a program that fits your needs.
Retail Industry Coverage Tailored to Your Needs
With Mason-McBride, you can rest assured that your business, employees, and assets will be properly protected. Our professionals will conduct a risk review, navigate the insurance marketplace, and advise on necessary adjustments.
Additionally, we can provide coverages specific to your business, such as crime insurance, commercial umbrella insurance, and employee benefits.
Don't wait for an event to audit your coverage. Let Mason-McBride design a program that fits your needs and protects your retail business.
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