Business Insurance for
Sunglass Store Insurance
There are more than 1,000 sunglass stores in the U.S., making up a $2 billion industry. The rate of growth is almost 5% every year, so there’s no sign of this type of store disappearing from the market. If you really want to rise above your competition, you should make sure you’re protected with a great sunglass store insurance policy. This is the type of coverage you can benefit from when you get business insurance of this kind.
You can expect to see lots of foot traffic every day when you own a sunglass store, especially if you are located in a busy shopping mall. You never know when a customer might slip and fall on your floor or slam a finger in the door of your shop. When this occurs, you may be at risk of being sued unless you are willing to pay for the medical bills of anyone who is hurt on your property.
If you cannot afford to pay out of pocket and do not want to face legal action, general liability is a necessity. Fortunately, it is a major part of any sunglass store insurance policy. This coverage can also pay for any repairs that are necessary after a customer’s personal property is damaged at your store, as well as legal costs if you are ever sued for copyright infringement, slander, or libel.