retail businesses continue to face very unique risks.

Between competitor pricing, inventory damage, and workplace injuries, Retail Businesses are facing unique risks that could have significant impact on the bottom line of their operation.

At iCOR, we're here to help businesses optimize risks and prevail through crisis and unexpected events.

recommended coverage for retail businesses

Corporate General Liability Insurance

General Liability coverage helps protect business assets in the event of a lawsuit for claims of negligence, personal injury, libel, slander and more. This may include a solution to help meet the contractual needs for Additional Insured requirements, Waiver of Subrogation, and Primary & Non-Contributory coverage

Peak Season Coverage

Peak Season Insurance Coverage offers retail businesses an increase in coverage for insured inventory during peak season. Whether a business operates year round, or only seasonally, most retailers have peak seasons when sales volume is at its highest and a larger volume of inventory are stored. Traditional retailers often need peak season coverage during the winter holidays, but there are exceptions.

Dependent Business Income

Dependent Business Income insurance helps provide coverage in the event that an entity that is not related to the insured retail business ceases to operate. If a retail business sells a particular brand of lawn care products and these products make the majority of sales, it would be difficult for that retailer to continue operating if the lawn care product manufacturer stopped operation.

Crisis Management

Crisis Management protection for crisis events is available to help with communications, counseling and other post-crisis expenses. This can be helpful for retailer businesses whose employees deal with a threatening robbery or hostile customers.

Specialized Coverages

In addition to offering the core lines of commercial insurance coverage, iCOR offers specialized coverages to address the unique needs & challenges of retailers:

Cyber Security to help you prepare and respond to cyber attacks and data breaches.
Workers' Compensation, to provides benefits to employees for work-related injuries or illnesses.
Management Liability Coverage, to help protect against management liability risks faced by retail businesses and their leaders.
Spoilage, to help cover the cost of spoiled or ruined products that need to maintain a certain temperature in order to stay marketable.
Commercial Auto, which helps cover the vehicles that a retail business owns, leases, rents or borrows - on the road or off.

Who We Serve

Building Supply & Hardware Stores
Department, Variety, & Grocery Stores
Furniture Stores
Clothing Stores
Restaurants, Bars, & Cafes
Jewelers
Tire & Vehicle Services
And More