Running a retail business, whether it’s a boutique, department store, or any other type of retail operation, involves managing numerous risks and challenges. Fulcro’s STACK initiative is designed to help you navigate these risks with tailored, pre-packaged insurance solutions. Our all-lines insurance specialists are committed to creating specialized and effective policies that meet your specific needs. With STACK, you can focus on growing your business, knowing that you are protected against unexpected events. Here’s how Fulcro’s STACK can help secure your retail business.

Comprehensive Insurance Solutions for Retail Businesses

Fulcro’s STACK initiative offers a wide range of insurance coverages tailored to the unique needs of retail businesses. Here’s an overview of the essential coverages included in our packages:

• Business Personal Property (Content/Inventory) Insurance: This coverage protects your store’s inventory and contents from events like fire, theft, vandalism, and certain weather-related incidents. Ensuring your merchandise is covered can save your business from significant financial loss.
• General Liability Insurance: General Liability Insurance covers bodily injury or property damage to others/third parties. This coverage is essential for protecting your business against potential lawsuits and is often required to obtain a contractor’s license in most states.
• Product Liability Insurance: Product Liability Insurance provides coverage for legal liabilities arising from products sold, including injury or damage caused by defective products. This is crucial for retailers who want to ensure their products are safe and their business is protected.
• Business Interruption Insurance: Business Interruption Insurance compensates for lost income and operating expenses if your business has to close temporarily due to a covered event like fire or a natural disaster. This coverage helps keep your business afloat during recovery periods.
• Workers’ Compensation Insurance: Workers’ compensation is required by law and provides coverage for employees against work-related injuries. It includes the cost of care, rehabilitation, and lost wages incurred by employees while recovering from an injury or illness.
• Commercial Auto Insurance: Any vehicles used for your business must be covered by commercial auto insurance. Personal auto policies typically don’t cover losses incurred from business use, so adding personal vehicles under a non-owned auto clause to your commercial policy is essential.
• Employment Practices Liability Insurance (EPLI): EPLI shields your business against claims of wrongful termination, discrimination, harassment, and other employment-related issues. This coverage is vital for protecting your business from employment-related lawsuits.
• Cyber Liability Insurance: Cyber Liability Insurance covers data breaches, cyberattacks, and other digital threats. It includes costs of notification, credit monitoring, and legal fees, ensuring your business is protected in the digital age.
• Inland Marine Insurance: Inland Marine Insurance covers property in transit or stored at locations other than the primary business location. This coverage is crucial for businesses with multiple locations or frequent transport of goods.
• Business Owner’s Policy (BOP): A Business Owner’s Policy (BOP) provides a bundled insurance solution covering general liability, commercial property, and business income insurance at a lower cost. However, BOPs have limited scope and might not cover all your needs. For more flexibility, a Commercial Package Policy (CPP) allows you to add or drop specific coverages, offering a tailored insurance program.
• Crime Insurance: Crime Insurance protects against financial loss and liabilities due to criminal activities such as theft, fraud, or cyberattacks. This coverage is essential for safeguarding your business’s financial assets.

Partner with Fulcro’s STACK

Choosing the right insurance solutions is crucial for the success and protection of your retail business. Fulcro’s STACK simplifies this process by offering comprehensive, tailored insurance packages designed to meet your unique needs. By partnering with Fulcro, you gain access to specialized expertise and robust insurance solutions that safeguard your business from various risks.

Get in Touch

Ensure your retail business is fully protected with the right insurance coverage. Contact one of our insurance specialists to review your current insurance programs and learn more about how Fulcro can provide comprehensive protection tailored to your specific needs. Let us take care of your insurance, so you can focus on running a successful retail operation.

By partnering with Fulcro, you can confidently navigate the challenges of the retail industry, knowing your business is protected against the unexpected. Reach out to us today to secure your retail business’s future.