As a convenience store owner, you thrive on regular daily business from hundreds of people or more. Whether they’re regulars who have come to rely on the ability to pick up their usual purchases quickly and easily with little or no hassle, or infrequent customers who are in a hurry and enjoy being able to grab a few handy items in minutes, you represent a growing trend among consumers throughout the US.
But your business relies upon electrical, mechanical and electronic equipment to keep you up and running. Commercial property policies specifically exclude many key risks associated with such equipment, such as any loss that is due to mechanical breakdown, or electrical arcing, and these are issues that can easily become a source of business interruption, which can be costly depending on how long you are temporarily unable to provide your services. Convenient stores insurance and specifically equipment breakdown insurance fills many of these coverage gaps.
Equipment breakdown coverage reduces down time
Convenient stores insurance coverage can help you to get your customers back in line and buying your products rather quickly. Partner with an agency that can provide you with a team of experts available to assist you in finding the right coverage at the right price to meet your unique needs. In the event you ever do experience a breakdown with your equipment, a claims expert should respond quickly and find replacement equipment to ensure minimal disruption to your business.
Unfortunately these types of breakdowns can be rather expensive. In addition to any damage sustained to the equipment itself, damage could also occur to buildings, your stock, merchandise and other contents of the store. If your business is forced to temporarily shut down or reduce production as a result of a breakdown, significant loss of income could result.
It’s much smarter to have insurance coverage in place now, rather than wait to have an occurrence where electronic cash registers fail to work, or your refrigerator units cease to function. The losses could even be catastrophic and without coverage the out-of-pocket expense could be a burden to large to recover from. Speak to an agent about Convenient stores insurance and get the protection you need and deserve.