Two big reasons why retail store owners need Markel Specialty’s affordable retail business insurance.
1. If your inventory is ever damaged or stolen and you have inadequate insurance, you can lose money and time that you may never recover.
2. If a customer or someone else sues you for an injury, an accident, or a product defect, you’ll have legal expenses and lots of stress, even if their claim is not valid.
For a brick and mortar retail store owner like yourself, there is a way to minimize these losses—Markel Specialty’s retail insurance.
By combining workers compensation, commercial general liability, commercial property, and other coverages vital to protecting your assets, Markel Specialty’s insurance for retail businesses provides the coverage you need at a more affordable price. This combination also earns you a 10% multi-policy discount.*
Markel Specialty offers workers compensation, liability, and property coverages for all types of retail businesses including:
- Clothing stores
- Candy stores
- Beauty supply stores
- Gift shops
- Bicycle shops
- Jewelry stores
- Musical instrument stores
*Multi-policy discount not applicable to Equipment Breakdown Protection and Employee Practices Liability Insurance endorsements.
When things go wrong, you need the right kind of insurance.
Something as simple as a customer tripping in your store can make you glad you got Markel Specialty Insurance for retail stores.
Our workers compensation insurance combined with our EssentialBOP policy bundles your insurance at a reduced rate. Add employment practices liability coverage and you have the total, affordable solution to keep your retail business healthy. Plus, we offer flexible payment plans to fit your cash flow.
Markel Specialty insurance is the contingency plan for your retail business.
Combine your Markel Specialty EssentialBOP policy with our workers compensation and employment practices liability coverage and you have coverage to protect your retail business.
Plus, we offer flexible payment plans to fit your cash flow.
Markel Specialty has partnered with vendors to provide discounted loss control products to our insureds.
PayGo Payroll reporting is the billing plan of choice for workers compensation policyholders.
Through our exclusive relationship with NFIB, we are able to offer special services to Markel Specialty policyholders.
Related articlesRead more
Financially sound company
"I have worked with Markel for a lot of years and value the working friendships and helpfulness of underwriters. I know you have great products and will price to the best of your ability on whatever class of business. Markel has always been a financially sound company that looks to remain in the insurance marketplace."
Kathy B. | Markel Specialty agent | May, 2017
Easy to use website
"Your website is easy to navigate, especially when you have more than one policy. When I've had to contact Markel, I've always received responses in a very timely manner."
Chris T. | Markel Specialty customer | February, 2018