The retail industry is changing and yet staying relatively the same. The burst of e-commerce stores has changed the way many retailers operate, but brick-and-mortar stores are still popular options for many. When opening your store, consider Moody Insurance Group to protect your financial assets.
Whether you operate exclusively online, a storefront business or a combination of both, there are many liabilities your company faces daily. Beyond the standard business insurance products, retail businesses benefit from additional coverage options, including:
Business Interruption & Extra Expense
Whether you supply the products for sale or sell to consumers and businesses, your business comes with risks not necessarily faced by other industries. You have the product on the shelves or in a warehouse that can be damaged or stolen. A web-based storefront has cyber liability that can impact the functions of your business and potentially your customer’s personal information.
The Moody Insurance Group offers tailor-made solutions for your retail business. Going with a standard insurance company can help cover some of your liabilities but may leave you vulnerable in other areas. Keeping up in the fast-changing environment of retail takes enough of your time. You need an insurance company that brings you peace of mind.