If you own a fashion boutique, are you prepared for what happens when someone gets hurt? You have curated collections, designed your space, and built relationships with vendors. But there’s one thing most boutique owners overlook until it’s too late: the retail insurance policy you signed when you opened your doors probably doesn’t cover half […]
Read More5 Retail Insurance Compliance Requirements In New Jersey
Running a retail store in New Jersey means contending with one of the country’s more stringent insurance regulatory environments. The state’s Department of Banking and Insurance (DOBI) takes the protection of employees and customers very seriously. With nearly 1.9 million workers employed by small businesses, these requirements exist for a good reason. The regulatory landscape […]
Read MoreDifferences Between Retail Insurance and General Business Insurance
Essential Takeaways: Retail insurance is designed to address the risks and distinct liability exposures involved in selling products directly to the public. General business insurance offers broader coverage that is not retail-specific and is geared more toward various commercial operations. Standard business policies often fail to provide adequate coverage for retail operations. Businesses must carefully […]
Read MoreHow Insurance Can Cover Supply Chain Disruptions For Your Retail Business
Supply chain problems can quickly become a nightmare scenario for retail businesses. There are numerous ways supply chains can be interrupted, from container ship fires blocking essential waterways to supplier warehouse flooding and cyberattacks shutting down logistics providers. Unfortunately, the ripple effects of even a single incident can devastate your bottom line surprisingly quickly. Unfortunately, […]
Read MoreHow Much Should Pet Shop Insurance Cost?
Running a pet shop means juggling inventory, staff, customers, and animals. Insurance shouldn’t add to your stress, but many small business owners are simply too busy to make sure their insurance policies meet their specific needs. The truth is that there’s no one-size-fits-all answer. What works for a boutique aquarium shop probably won’t make sense […]
Read MoreNew Insurance Regulations for Retail Businesses in 2026 to Know
Key Takeaways for Retail Business Owners: Health insurance premiums are rising by an average of 11% for small businesses, with increases ranging from 5% to 32% depending on the state. Cyber insurance now requires mandatory security controls, including employee training, multi-factor authentication, and incident response plans. Climate-related coverage is being restricted, with higher deductibles and […]
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