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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.

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โˆ™ 2013-07-19 18:23:00
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Q: What kind of insurance do you need for a retail store?
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