Grocery / Supermarkets

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Opening a grocery store requires a large initial investment, so you will want to be sure to protect your business assets with a sound commercial insurance package. An independent agent can help you build a supermarket insurance policy that meets the coverage needs of your particular grocery store.

Grocery stores are an integral piece of each community, providing people with food and other staple home supplies. But risk is present in every business. Between the large square footage of your store, electronic and mechanical systems, perishable inventory, storing customer data, heavy foot traffic, keeping cash on hand, operating heavy equipment and more, it’s easy to see how a grocery store can face financial risk.

Fortunately, a grocery store insurance policy can offer comprehensive protection so you can run your business with peace of mind. Below, we’ve listed some of the coverage options that are available for your consideration.

  • Property: This helps protect the business’ physical assets, such as the building, inventory, shelving, fixtures, office equipment, cash registers and more.
  • General Liability: Any losses suffered by third parties due to the fact that your business was negligent or liable for damages may be covered by this policy.
  • Products Liability: This is similar to general liability coverage, except it applies only to damages that stem from products sold by your store.

Through advising clients and implementing suitable risk management practices and safety campaigns, Skyscraper Insurance can ensure that Supermarkets/Grocery clients reduce the frequency and severity of claims.

Exposure in this industry sector is high based on the following factors.

Cool Rooms and Building Constructions – composite panels consist of a material core, of various thickness, held between metal or plastic facings. They have been used extensively in external and internal wall and roof construction for a variety of occupations but more particularly in the cold storage and food industry.

It is important to note that some of the insulation core materials in common use today are combustible.

This composition provides for significant disadvantages:

  • Potential rapid fire spread within a panel
  • Difficulty in fighting fire where the concealed core is involved
  • Melting polystyrene core creating a spreading burning liquid fire
  • Delimitation of panels can occur exposing the combustible core to direct fire impingement increasing the rate of fire spread
  • Liberation of dense corrosive and toxic smoke