BARRIE KRAMER
Sharon Labay is by far the best insurance expert with a kindness that goes way beyond the business relationship. I have known her since 2000 and our phone conversations always end with me smiling and glad to have talked with her!
MELISSA LANDRY
I can't say enough about Sharon..she is currently working on my auto insurance to make sure I am not over paying. Her professionalism and quick response it great. Her knowledge on the insurance is vast so I feel very confident in my decision. I am so happy I was referred to Sharon.
DEBORA HILLIER
The folks at Feingold Insurance provided us with a competitive quote and it was tailored for our needs. We very much appreciate their prompt service as well. They return phone calls! That is something that everyone can appreciate for sure.
Since convenience stores face multiple risks, most policies come with an array of liability, property and other protections. There’s not one list of protections that every policy has, but there are several coverages that lots of policies make available as standard or optional protections.
Some of the more common liability protections include:
General Liability Coverage, which normally protects against common accidents
Product Liability Coverage, which normally protects against product-related incidents
Cyber Liability Coverage, which normally protects against data breaches and online threats
Employment Practices Liability Coverage, which normally protects against employment-related incidents
Liquor Liability Coverage, which stores that sell alcohol frequently need
Pollution Liability Coverage, which stores that sell gasoline frequently need
Umbrella Liability Coverage, which is a form of supplemental liability protection
Some of the more common property protections are:
Building Coverage, which usually insures a company-owned building
Contents Coverage, which usually insures items kept on company property
Equipment Breakdown Coverage, which usually insures essential equipment against certain malfunctions
Spoilage Coverage, which usually insures perishable items in the event of a covered disaster
Business interruption insurance and commercial auto insurance are a couple of other coverages that a store might want depending on its situation.
Insurance companies look at many different items when setting premiums for convenience store policies. A store’s size, location, annual sales, product offerings and past claims history are just a few of the factors that often influence how much insurance costs.
Business owners can get an accurate idea of how much insuring their store will cost by talking with an independent insurance agent. Independent agents are free to request quotes from several different insurance companies in the state, which makes quickly comparing coverages and premiums easy.
For help insuring your convenience store, contact the independent insurance agents at The Feingold Companies. Our agents have worked with many convenience stores and similar businesses in Massachusetts, and they’re ready to assist you. Being independent and knowledgeable in the field, they’re able to help you find the best available convenience store insurance policy based on your store’s particular situation.
