retail insurance

Our package for retailers provides a wide array of coverage’s designed to protect you against just about every type of threat to your business. Our policy provides coverage for the property you possess including your buildings, stock, equipment and ‘tenant improvements’ along with many extensions.

It also protects you from the loss of income that you could experience if you suffered an insured loss and were unable to operate until repairs were made. These repairs may take as little as a day to complete, or they could last several months. Our policy is designed to provide adequate protection even if your business is interrupted in the busiest time of your selling season.

The Seafirst package also provides Business Liability coverage and for protection of money, Crime coverage. For more information, please review the extensions of coverage within our Retailers Policy shown below.

RETAIL PACKAGE POLICY - COVERAGE SUMMARY & FEATURES

PROPERTY ALL RISK OF DIRECT PHYSICAL LOSS OR DAMAGE INCLUDING THE PERILS OF EARTHQUAKE, SEWER BACKUP, & FLOOD

• $500 BASIC DEDUCTIBLE, 10% EARTHQUAKE, $10,000 FLOOD, $2,500 SEWER BACKUP
• REPLACEMENT COST BASIS OF SETTLEMENT
• FIRE DEPARTMENT CHARGES $5,000
• NEWLY ACQUIRED LOCATIONS $50,000
• ACCOUNTS RECEIVABLE $5,000
• BURGLARY DAMAGE TO BUILDING $5,000
• DEBRIS REMOVAL $ INCLUDED
• TREES, PLANTS SHRUBS $500 per item
• LEASEHOLD INTEREST - 12 MONTH LIMIT $500
• PROPERTY OFF PREMISES $5,000
• LOCKED VEHICLE WARRANTY
• PROPERTY OF EMPLOYEES INCLUDED
• PROPERTY IN TRANSIT $5,000
• PROPERTY WITH SALES REPRESENTATIVES $5,000
• VALUABLE PAPERS $5,000
• PEAK SEASON ENDORSEMENT ADDITIONAL 25% OF SUM INSURED
• MINI COMPUTER COVERAGE $ INCLUDED
• SOFTWARE $10,000
• MECHANICAL & ELECTRICAL BREAKDOWN @ $1,000 DEDUCTIBLE

LOSS OF INCOME

• PROFITS FROM -- ACTUAL LOSS SUSTAINED
• EXTRA EXPENSE $5,000
• AUDITORS FEES $5,000

BUSINESS LIABILITY

• PREMISES, OPERATIONS, PRODUCTS & COMPLETED OPERATIONS, EMPLOYEES AS ADDITIONAL INSUREDS $1,000,000
• PERSONAL INJURY & ADVERTISING LIABILITY $1,000,000
• MEDICAL PAYMENTS $ 10,000
• TENANTS LEGAL LIABILITY $ 100,000
• NON OWNED AUTOMOBILE LIABILITY $ 1,000,000

CRIME COVERAGE

• EMPLOYEE DISHONESTY $5,000
• LOSS INSIDE/OUTSIDE THE PREMISES $5,000
• SAFE BURGLARY $5,000
• MONEY ORDERS AND COUNTERFEIT MONEY $5,000
• DEPOSITORS FORGERY $5,000
• MEDICAL EXPENSE $5,000
• OVERNIGHT THEFT OF MONEY $ 500