In the retail business, dealing with the public means you are exposed to many risks every day. With retail insurance in place, you can have peace of mind knowing your business is protected from theft, legal action, interrupted operations or other unexpected events. We’ll shop Ontario’s leading insurance companies to get you the best coverage for:
Let Mitchell & Whale brokers shop Ontario’s leading insurance companies to find you the best retail insurance package at an affordable price. Recommended retail insurance packages will include:
Commercial General Liability Insurance will protect your business if you’re found to be legally responsible for injuries or property damage at your retail location, your customers’ location, or by any of your retail products.
Your own personal vehicle insurance does not fully cover you when using it for business purposes. Whether you are picking up inventory or delivery orders, this coverage protects:
Protects the physical assets of your business such as the building, inventory, equipment and computers. Standard coverage includes losses due to fire, theft or vandalism.
More on commercial property insurance
Bailee’s coverage will protect you in the case of loss or damage to your customers’ goods while in your possession for storage, repair, or servicing. Bailee’s insurance includes coverage for customer property in transit to and from your premises.
More on bailee’s insurance coverage
Employee dishonesty insurance covers you from financial loss due to fraudulent or dishonest acts by your employees, such as theft of cash, securities, or property. Employee dishonesty is more common in retail than many other business sectors, as numerous staff members often have access to the cash register and stock.
Business interruption insurance protects you from financial losses in the event that your retail location is closed due to losses caused by property damage or theft. This important coverage compliments your property insurance, allowing you to meet your financial obligations during the time your store is closed for recovery.
Protection against cyber attacks is critical to all retail businesses due to the high volume of credit card transactions made on a daily basis. Credit and debit card information stored on retail point-of-sale systems are often targeted by cyber thieves, and cyber insurance will help cover legal and other expenses associated to data breaches that might affect your customers and your business.