Category Archive Supermarkets VS Convenience Stores

Supermarkets VS Convenience Stores

Supermarkets VS Convenience Stores: What Insurance Policies Do You Need?

Your store is an important part of your community. It only makes sense that you would prioritize protecting your assets from unforeseen circumstances. Whether you have a grocery store or a convenience store, you still need insurance.

What separates a convenience store from a supermarket, and does it change the type of policy that you need?

Supermarkets Versus Convenience Stores

Supermarkets and convenience stores are similar. The big difference is that convenience stores tend to have a more limited supply of products. They tend to be smaller stores, some of which have a 24-hour schedule. A supermarket does have similar risks when compared to a convenience store.

Both have to worry about theft, vandalism and injuries. Supermarkets simply tend to have more employees, more assets and may have different levels of risk.

Supermarket and Convenience Store Coverages

No matter what type of store you own, you will need similar insurance coverage. When working with an insurance agent, you can customize your options for your particular business.  If you need a supermarketing insurance policy, it might look very similar to the convenience store policy. Some coverages you need include:

All stores have their own needs for business insurance, so you must choose coverages based on your store.