Success in the floral industry often depends on delivering beautiful arrangements on time. However, while you’re focused on creating stunning floral designs, there’s a thorny issue that you must not overlook: delivery vehicle insurance. Most flower shop owners already have a strong grasp of basic business insurance concepts. Property coverage for the storefront and general […]
Read MoreCyber Liability Insurance: A Must-Have for Online Retailers
Most small retail business owners have enough to worry about without bringing the possibility of hackers and data breaches into the mix. Between managing inventory, addressing staffing issues, and trying to stay on top of the latest marketing trends, it is not surprising that cybersecurity can get lost in the shuffle. Unfortunately, this can be […]
Read MoreThe Hidden Costs of Retail Insurance
When owners of small retail businesses receive insurance quotes, they might experience a mixture of shock and resignation. It’s perfectly understandable. Insurance isn’t cheap, and premiums only continue to climb. However, that sticker shock may be just the beginning for retailers who are ill-prepared and underinformed. The premium is just the tip of the iceberg; […]
Read MoreDo Online Retailers Need Insurance?
Many businesses that sell goods online believe that having a virtual storefront can help them avoid the risks that brick-and-mortar retailers must address. Although some risks can be avoided, such as slip-and-fall customer injuries, unexpected events can still threaten the survival of online retailers just as dramatically as their physical counterparts. This makes retail insurance […]
Read MoreRetail Store Insurance: Legal Requirements vs. Best Practices
As an owner of a small retail business, you may feel overwhelmed by the intricacies of retail store insurance. You’re focused on inventory management, customer service, and growing your business, not becoming an insurance expert. However, by taking the time to understand which insurance policies are legal requirements and which are strongly recommended, you can […]
Read MoreDifferences Between Retail Insurance and General Business Insurance
Retail business owners work hard to create an inviting storefront and manage inventory. Yet when it comes to protecting these investments, insurance for retail stores is often overlooked. Unfortunately, many owners assume that general business insurance is sufficient. Although its name implies that it is geared toward all businesses, the reality for retailers is more […]
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