Insurance for Shops and Retailers
Retail businesses face a number of insurance risks.
While everyone that walks in the door is a potential customer, on the flip side, they are a potential insurance risk.
Also, even once your customers have left with their purchase, you may be responsible if things go wrong.
As specialist business insurance advisors, SMART Business Insurance provides retail businesses with access to leading underwriting agencies and insurers specialising in insurance for retail businesses such as shops, retailers, pubs, bars, restaurants and cafes.
- Public liability insurance
- Fixtures and fittings,
- Employee theft
- Business interruption
- Business Equipment
- Fire and Perils
Please contact us for more information or a quote on business insurance for small to medium retailers, shops, retailers, pubs and bars, restaurant and cafes.
1300 542 573
TALK to a SMART Business Insurance adviser
Monday – Friday 8.45 am - 6.00 pm AEST
What is the correct "Situation Address" to list on my business policy.?
The Situation Address must be the address of either the physical risk being covered (like a property) or, in the case of Liability policies, the physical address for the normal place (or places) of business.
If you have multiple business locations, e.g., a number of branches, shops, factories or depots, then ALL location addresses must be shown on the schedule and advised to the insurers. And the multiple location addresses then needs to be kept up to date with the insurers at all times, in the event of any changes.
Insurers will not accept a Post Office box as a "normal place of business", because you cannot do business from a PO Box.
A PO Box is fine for a mailing address, but cannot be used as the address of the "Situation" on any policy.
For example, Public Liability policies usually operate "at and from" an address, which should be the normal place of business for a business policy.
If the business was run from home, for example, then the home address would be shown as the normal place of business. The "at and from" nature of the cover would then cover any transitory business conducted away from the home address (or away from a real business address, as the case may be).
If the business was run from home but was selling through stands or kiosks at markets or shopping centres then that would have to be disclosed to the insurer, as it affects the risk.