convenient stores insurance
Most insurance providers provide eligibility guidelines and submission requirements on their websites.

The Fundamentals of Insurance for Convenient Stores

Convenient stores, also known as convenience stores, are the locations of many of life’s small yet critical purchases such as fuel, food, and sundries. Not only that, they provide a livelihood for store owners and their employees. As a result, risk management and convenient stores insurance is important to the store owner, but what’s really involved when looking for insurance coverage? If you’re looking for insurance for your convenience store, you’ll likely have a great number of providers from which to choose. First, most providers will work with you to establish your eligibility for their programs. Eligibility is often based on gasoline and liquor sales, claims history, and business size and locations. If you’re eligible, the provider will then work with you to determine the program and deductible that best meets your unique needs and bottom line. Generally, convenient stores insurance includes workers’ compensation, a business owner’s policy, business coverage for hired and non-owned automobiles, and umbrella coverage. For convenient stores that sell liquor, liquor liability coverage is often available, too. In applying for insurance coverage for your store, you’ll typically be required to complete and submit the provider’s application, a property-related form, and a loss history or loss statement. Most insurance providers provide eligibility guidelines and submission requirements on their websites.

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