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STORE COVERAGE FEATURES
Choosing insurance for your business is an important decision.
You invest your time, money and effort toward running your store, so you should be confident that the insurance you purchase will protect your business when you need it most
Travelers Store Business owners Policy offers an affordable way for you to obtain Property and Liability insurance. This policy includes key coverage that are important to any business, and also offers additional business-specific options that are important for any store.
Coverage features especially for Stores
Business Personal Property Off Premises
Included within Business Personal Property limits.
Coverage applies to property in transit and while temporarily away from premises.
Business Personal Property limit automatically increases 25 percent to accommodate seasonal differences.
Business Income and Extra Expense
Included on an Actual Loss Sustained basis for 1 2 consecutive months for Store Policy.
Optional for Store Policy, on an Actual Loss Sustained basis for up to 12 consecutive months, for up to 50 percent of annual sales receipts.
Up to 60 days Extended Business Income.
Loss from Dependent Properties is covered up to $10,000*.
Signs within 1000 feet are included within the building limit.
*Higher limits are available.
Crime Coverage
Money and Securities are covered within Business Personal Property. Theft of Money and Securities limited to $25,000* for Store Pac Plus.
Employee Dishonesty is covered for up to $25,000*. Forgery or Alteration is covered for up to $25,000*.
Money Orders and Counterfeit Paper Currency are covered within Business Personal Property.
Theft Damage to Rented Property is covered within Business Personal Property.
Equipment Breakdown
Coverage for equipment breakdown is included within applicable limits.
Expediting Expenses are covered up to $25,000. Interruption of water, communication, or power supply services is covered (when Business Income and Extra Expense is covered).
Power-generating equipment is covered for breakdown for up to $100,000*.
Store Core Coverage Highlights
Property Coverage
Covers your Building and Business Personal Property for replacement cost with no coinsurance.
Accounts Receivable is covered for up to $25,000*.
Fine Arts
Up to $25,000*.
Coverage applies anywhere in the coverage territory.
The "breakage" limitation does not apply.
Limited exclusions.
Special valuation terms.
Computer Equipment, Data and Media
Included up to Business Personal Property limit, subject to a maximum of $50,000*.
Fewer exclusions (artificial electricity, breakdown, and power failure are covered).
Off premises {including transit}, backup data off premises, and newly acquired equipment is covered for up to $25,000.
Electronic Vandalism up to $25,000.
Interruption of Computer Operations is covered for up to $25,000*.
General Liability
This covers you against claims resulting from your business operations due to bodily injury or property damage to others. Automatically includes:
Advertising Injury and Person Injury.
Medical Payments for $5,000 per person.
Damage to Premises Rented to You for up to $300,000*.
Blanket contractual for oral or written contracts.
Limited worldwide Coverage.
Host liquor legal liability.
Errors and Omissions coverage included fro Barber Shops,
Beauty Parlors, Nail Salons, and Funeral Directors.
Coverage for Web site injury liability (some restrictions apply).
*Higher limits are available
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