Variety Stores

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We understand that as a small business owner, any setback you suffer as a result of unforeseen events or issues could have dire consequences. As a result, we take your small business retail insurance needs very seriously.

Variety stores sell exactly what you think: a variety of different items. Instead of selling one category of items, they have a wide range of products, including housewares, stationery, books, jewelry, gifts, toiletries, toys, decorative items and more. Most variety stores sell merchandise at very low prices, allowing people to spend as low as $1 for each item. You risk shoplifting and theft most of all, followed by common risks of all businesses, such as natural disasters or liabilities from your customers. Getting variety store business insurance is vital for protection of your business and assets.

Types of  Variety Store Insurance

Your variety store needs different types of insurance policies to cover your different business risks, such as the ones listed below:

Variety Store Commercial Auto Insurance

If you or your employees use a vehicle for business errands, such as picking up office supplies, you undoubtedly need business auto insurance. It includes property damage and bodily injury coverage, and you can also choose to include theft or vandalism coverage. If your vehicle is vandalized while you’re at the post office, it helps to have this coverage.

Variety Store Business Property Insurance

Business property insurance is essential because it covers a variety of causes of damage, like natural disasters or fire. These cause damage to your building structure and your products. If there is an earthquake or flood caused by another event, you can replace your products and make repairs with the help of a business property insurance policy.

Variety Store Cyber Liability Insurance

If you have an online variety store, make sure you also have a cyber liability insurance policy. Cyber crimes are common, whether you have other security measures in place or not. It is vital that you obtain cyber liability insurance as part of your total variety store insurance portfolio for your protection and that of your customers.

One detail that all variety stores have in common is that they offer a great assortment of products, from household goods and food to electronics and apparel. Another thing they tend to have in common is a low price point, which is why they are often called dollar stores. This is a $67 billion industry, probably because so many shoppers appreciate great deals. You already have this going for you as the owner of a variety store. Now it’s time to find out what a great variety store insurance policy can do for your business.