Retail Service Insurance - Chris Flanagan Insurance Agency

Retail Service Insurance

Small business is the backbone of the American economy. As small business owners ourselves, we understand the long hours, and hard work it takes to pay the bills, and also keep customers and vendors happy. Our retail service program offers coverages and premiums that will help you 'keep the lights on'.

Retail Store Insurance

Apparel Stores, Food Stores, Barber & Beauty Shops, Dry Cleaners, Floor Covering Stores, Florists, Hardware Stores, Home Improvement Stores, Print Shops, Retail Stores

Typical Retail Coverage Summary
Property Coverages	Basic Package Limits	Enhanced Package Limits
Business Income	18 months actual loss sustained	18 months actual loss sustained
Business Income 72-Hour Buyback	Usually enhanced only	Included
Seasonal Automatic Increase - BPP	Additional 25% included	Additional 25% included
Accounts Receivable	$5,000*	$25,000*
Bailee Coverage - Printers	N/A	$25,000*
Bailee Coverage - Dry Cleaners	$100,000*	$200,000*
Bailee Coverage - Repair Shop	$25,000*	$50,000*
Computer Equipment	$10,000*	$25,000*
Arson Conviction Reward	$5,000	$5,000
Fire Department Service Charge	$1,000	$1,000
Fire Extinguisher Recharge	$2,500	$5,000
Increased Cost of Construction	$5,000	$5,000
Mechanical & Equipment Breakdown	Usually enhanced only	Included
Newly Acquired Buildings	$250,000	$250,000
Newly Acquired - BPP	$100,000	$100,000
Outdoor Signs	$2,500*	$7,500*
Personal Property Off Premises	$5,000*	$5,000*
Pollutant Clean-Up & Removal	$10,000*	$10,000*
Premises Boundary	100 feet	1,000 feet
Spoilage Coverage (Food Stores)	$2,500	$25,000
Trees, Shrubs and Plants	$500 / $2,500	$500/ $2,500
Valuable Papers and Records	$5,000*	$25,000*
Crime Coverages	Basic Package Limits	Enhanced Package Limits
Employee Dishonesty	$5,000*	$10,000*
Forgery and Alteration	$2,500	$2,500
Money and Securities - Inside/Outside	$5,000*	$10,000*
Money Orders and Counterfeit Paper Currency	$1,000	$1,000