Business Insurance
Coverage for a storefront, its inventory, and the customers who walk in.
Retail businesses carry inventory, foot traffic, and a storefront all at once — this page walks through the coverages that combination typically calls for.
No obligation. Starting a review does not change or bind any coverage.
What's going on
A retail storefront combines a few different exposures in one place: inventory that has real value, a building customers walk in and out of all day, and employees handling sales and stock. If you're opening a new location, expanding your inventory, or it's been a while since anyone looked at your policy, this is where to start.
Why it matters
Retail coverage usually needs to address the building or leased space, the inventory inside it, and the liability that comes with customers on the premises. A gap in any one of these tends to surface at the worst time — after a theft, a slip and fall, or a supply chain disruption that cuts off inventory. Reviewing them together makes it easier to see where the options line up with how your store actually operates.
Things worth considering
Points we would talk through with you. Which of them apply depends on your situation, and what you do about them is your decision.
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Is your inventory covered at its actual value?
Inventory levels change seasonally for a lot of retailers. A coverage limit set once and never revisited may not reflect what's actually on the shelves during your busiest season.
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What happens to your revenue if the store has to close?
A pipe break, fire, or other covered event that shuts the doors is a revenue problem as much as a property problem. Business income coverage is worth discussing alongside property coverage.
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Does your liability coverage address customer injuries on site?
A slip and fall or other customer injury is one of the more common claims a storefront business faces. General liability is typically the policy that responds, and it's worth confirming your limits.
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Does Missouri require workers' compensation for your staff?
Missouri generally requires workers' compensation coverage once a business has five or more employees. Confirm how that threshold applies to your store.
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How is theft, including employee theft, addressed?
Property coverage often addresses external theft, but employee dishonesty is typically a separate consideration worth asking about directly.
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Do you sell or ship products that could lead to a product liability claim?
If you sell products you didn't manufacture, or private-label goods, it's worth understanding how liability for those products is addressed.
Information on this website is general in nature and is not a complete description of any insurance policy or every coverage option that may be available. Coverage availability, terms, conditions, limits and exclusions vary by insurer, policy and individual circumstances. The issued insurance policy and applicable endorsements control coverage. Beacon Point Insurance Group may provide information regarding available insurance options and discuss coverage considerations based on information you provide, but customers are responsible for selecting the carrier, coverages, limits and deductibles they wish to purchase. No insurance coverage is bound, changed, or canceled through this website unless confirmed by Beacon Point Insurance Group or the applicable insurer.
How this tends to come up
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A burst pipe over a holiday weekend
A boutique in the Kansas City metro had a pipe burst that damaged both the space and a portion of inventory. Business income coverage helped offset the lost sales during the closure and repair.
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A customer injury during business hours
A customer slipped in a retail store in Independence during business hours. General liability coverage was the policy that addressed the resulting claim.
We Learn. We Compare. We Explain. You Decide.
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We Learn
We ask questions about your situation and the insurance you currently carry.
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We Compare
Based on the information you provide, we can obtain and compare available options from the insurance companies we represent.
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We Explain
We help you understand important differences in coverage, limits, deductibles, policy terms, and price.
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You Decide
You select the company, coverages, limits, deductibles, and options you want to purchase.
What working with us is like
The part people tend to mention is that someone explained it and then let them decide.
More business coverage
Let's find the options that work for you.
No obligation. Starting a review does not change or bind any coverage.