Business Insurance for
Swimming Pool Supply Store Insurance
While the recession negatively affected the swimming pool supply industry, the recovering economy has helped it grow again. In 2013 alone, this industry boasted about $5 billion in revenue, and that’s expected to increase in the coming years. You can prepare for the growth in this field by checking to make sure you have the swimming pool supply store insurance you need to protect your business.
General Liability For Swimming Pool Supply Stores
Owning a store of any kind means you can expect lots of people to visit your business on a daily basis. Any time someone is on your property, there is a chance they will be injured and possibly sue you to pay for the medical expenses. That’s where general liability comes in. With this type of business insurance, you can rest assured that the medical bills of anyone who is injured on your property will be paid for by insurance. This coverage also pays for property damage.
Another benefit of general liability coverage is its ability to pay for lawsuits brought on by other businesses. For example, if a competitor accuses you of slander or libel, the general liability portion of your swimming pool supply store insurance will pay for the legal expenses. The same goes for when you are accused of copyright infringement.