What type of coverage do you need?

Retail Store Sales

If you run a successful store, you can likely expect a constant stream of customers. But did you know that whenever you open your doors, your business poses risks to those customers?

When someone steps onto your premises, they run the risk of sustaining an injury. Your property and even your products could cause harm to your customers. As such, you should buy the appropriate liability insurance for your business risks. And as a store owner, you should take any opportunity to reduce injury risks to clients.

General Liability Coverage for Stores

Regardless of the products your store sells, it will likely need general liability insurance. General liability coverage can protect your store if it causes injury or property damage to a client.

Here are some examples of situations where general liability insurance can come in handy:

  • A client may slip and fall while looking for a product in your store. General liability coverage may help you compensate the injured party for lost income or medical costs.
  • If your products or business services cause property damage to a customer, general liability coverage can help you out.
  • Sometimes, your actions may damage the reputation of another person. They might sue you for libel or slander. General liability policies may assist in these situations as well.

Still, keep in mind that each policy differs. Some may not contain every element of coverage you need. Others may not offer product liability or advertising injury liability coverage. Therefore, you should talk to your insurance agent before getting a policy. They can help uncover risks related to your specific operation or product.

Reduce Store Injury Risks

Even after you get liability insurance, still do what you can to reduce injury risks in your business. Negligent practices may cause your insurer to deny a liability claim.

  • Note risks specific to your business. For example, clothing stores may pose different customer risks than seafood sellers. Have your insurer issue a policy specific to your line of business.
  • Keep your common areas clean and free of clutter. This is critical, as slips and falls are a common injury risk in every business. Also, be sure to check around the business for signs of leaks or spills. Place warning signs near uneven surfaces and steps.
  • Monitor your stock and products. Notify customers of proper ways to handle these items so that they don't harm themselves.
  • Should a customer report a safety concern, address it immediately. Also allow the appropriate regulatory authorities to inspect the business. They might help you pinpoint health or sanitation risks.

It never hurts to have the correct liability insurance. However, you can always do more to protect your business.

Get coverage today. Call Dean, Heckle & Hill Inc. at (704) 847-4438 for a free North Carolina general liability insurance quote.

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