Grocery Store Insurance Policies, Supermarket Insurance Policies

Grocery stores and supermarkets are one of the most essential businesses in New York and in most other towns; where everyone in the community goes to purchase the most basic needs of life.

As a supermarket, it is important to gain the right supermarket insurance policy, not only to maintain your business, but also to maintain the stability of the community.

Large organic grocery store chains like Whole Foods have seen tremendous growth in this recession as more people are caring more about living healthier and willing to pay a little more for that. Considering the amount of human foot traffic they receive, a supermarket is full of many common liability issues, such as thefts, slip and fall, personal injury, and property damage. RSI Insurance can provide you with an affordable supermarket insurance policy that will ensure that your business stays insured through any crisis. Our coverages include:

Supermarket Property Insurance

RSI insurance can cover both the contents and property of your building. If you do not own your building, we can provide a policy that just covers the contents for either their replacement cost or actual cash value (AVC). At cash value premiums tend to be less expensive, but replacement cost policies will provide swifter recovery from a loss of products, since all of the lost or damaged property will be immediately replaced with new items. If you do own the building or property we can provide coverage for the structure itself against any number of losses that can occur.

Our Grocery store insurance policy coverage covers other property that is specific to your field of business, such as:

• Food Spoilage
• Equipment Breakdown
• Accounts Receivable
• False advertising claims
• Computer Equipment
• Office Equipment

If your supermarket suffers from an insurable loss (fire, water, theft,) we can provide it with business income coverage that will make up for your lost revenue, while your business property is being replaced or repaired.

Grocery Store General liability Insurance

Our General liability insurance policies for supermarkets and grocery stores can cover the losses against claims filed against the business for either negligence, injury, reputation, or loss to another's property. Usually these losses are in the form of legal fees or settlement charges paid by the insurance company. Our general liability policy can cover:

• Any bodily injury a customer encounters on the premise,
• Products liability that protects you from claims that result from the use of the products you sell.
• Property damage that your business may cause another.
• Personal injury if your business is accused of slander or libel.

Grocery Store Liquor Liability Insurance

According to IBIS World, Alcohol sales at retail stores across the country account for $13.4 billion a year. Most Grocery stores and supermarkets that sell beer, wine and liquor and have prospered due to the recession as more and more people are deciding to eat and drink in their homes, rather going out to bars and restaurants. In spite of the off-premise exposure to liquor-related incidents, the establishments can still be held liable for the illegal or improper sale of liquor to minors, and/or selling to someone that is already intoxicated. Make sure you have the proper supermarket liquor liability insurance policy.

Super Market Workers Compensation Insurance

Workers compensation can cover your grocery store from claims from employees for injuries they suffered while working on the job. It is usually mandated by the state of New York. We can also provide the proper workers compensation insurance coverage for your supermarket in case such a claim would arise.

Our Mission at RSI insurance is to educate our customers, to ensure that they know how to properly insure their business. Whether you are looking for a better premium for your current supermarket, or are planning one and are searching for the best rate possible, we can provide you with the most comprehensive coverage for the lowest price. Give us a call or fill out our online form to request a no obligation quote for your insurance needs.

FAQ:
Q) What can RSI do for me that my local agent can't?
A) As specialists we can tailor a policy for your specific needs and budget. As a high volume broker in this class we can negotiate reduced prices from the carriers.

We will be happy to provide you with a quote. Give us a call at 914-332-1700; email us at ira@rsi-insurance.com: or complete the online application by clicking the quote button. The quote is free and carries no obligation of any type.