There are many ways to package insurance but most retail stores are eligible for a BOP, short for business owners package. Busienss owners packages combine many of the coverages you may need including property coverage for your inventory or building, and liability coverage in case someone was hurt on your premesis or injured by product you sold.
If you have employees you will also need work comp insurance. If you deliver product you will need commercial auto and cargo insurance.
Retail shops who vend high risk products are ineligble for BOPS, so all of these coverages need to be purchased separately.
you need to search online the check in which retail store it is available.
No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.
Depends on the type of co. wether or not you need liability insurance. If you provide any kind of service in person, yes, but if it is something like retail, then insurance on the property would cover.
No they are not.
Commercial Space Rental and InsuranceWhat you would need to buy for a commercial space is called Commercial General Liability Insurance. AnswerThere is a big difference between Retail and Renter's insurance. Retail insurance is for any type of basically a retail business that has an inventory used for retail purpose. Renter's insurance is used for a private individual or family that is renting a home or apartment and wants to protect their belongings from fire/flood/etc. You cannot use renter's insurance to protect a retail space which is considered business. Retail insurance does cost more. But to get the best answer to this question consult your insurance agent.
It depends on what kind of insurance you need. I honestly can't help you because you could need health insurance or car insurance or any other kind of insurance out there so I don't know what kind of application you need.
To find out what kind of caster wheels you need for your chair at home is to look at the chair and see what kind of wheels it has. Go to retail store like Canadian tire and purchase those wheels to replace it on your chair.
i think you might need 10 or more.
You need a location where people would want and can afford what you are selling. You need to make your store easy to find.
Yes, you need an insurance license to sell any kind of insurance in Texas. For "Commercial Insurance" operations, you will need a Property and Casualty Insurance License form the state of Texas.
Well, First of All You need a lisense to sell the insurance by the state, ,which is easily obtainable w/ a small fee and a test, the rest is kind of like running a retail store except you need a minimum of $1,000,000 which you can get with investors. But if you don't want to screw people over like the present tyoe of insurance companies do, i can say you might need upwards of $3,000,000 to start, not to crush your spirits. But you also have do get your company the lisesnses to sell insurance, which is a totally different story. Basically, start out small, act like an independent agent and follow the guidlines in the first paragraph. be carful.
You will need to have the same insurance as you would need for another car. You never know what could happen on the road.