When operating a candle store, getting business insurance coverage to protect your store should be top priority.
General liability insurance protects your business from financial strife of customer's legal or medical costs for injuries while on your business’s property. This will cover your legal defense and the costs associated with the loss if you are found liable, up to your policy limits.
Property damage, whether it is from fire, extreme weather conditions, or natural disasters, flood from severe rainstorm, property insurance would cover the cost of repairing or replacing your business-related property including structural damage to your building and the business materials you store there.
Workers compensation insurance is required by law in most states of the US. If an employee is injured in a work related accident, workers compensation will pay for their medical care and recovery expenses. Your business will also not be responsible for the damages or sued by your employee.
Professional Liability insurance, also referred to as Errors and Omissions insurance, covers lawsuits related to your work, product or service. This insurance provides coverage in the event that a business is held legally liable for damages which are cause by your product, improper advice or negligence.
Even if you choose your employees carefully with background checks and verifying references, you still run the risk of dishonest employees. Losses by crimes including vandalism, theft, shoplifting and embezzlement by your employees and customers are covered by obtaining crime insurance.
Vehicle used for business operation such as sending deliveries to client’s homes or picking up supplies should be covered by business auto insurance. Business auto insurance provides coverage against accidents, theft, or vandalism while using your vehicle for business purposes.
Owning a candle store can be a rewarding way to make a living while surrounded by beautiful candles that add ambiance and enjoyment to any space.But due to the nature of this business, your candle store can face serious risks that can send your dreams and your business up in smoke.
The risks for a candle related business can be very wide because of the many different exposures involved with your business activities. But with the right kind of business insurance as a safety net, you can focus on your work with confidence.
Running a candle store without insurance is taking a mighty huge risk. Our broad, tailored coverage options and enhancements are based on our deep knowledge and experience in the candle store insurances, and specifically designed to meet the needs of our customers.
At Business Insurance Agency, we will take the time to get to know your business and assess the risks involved in your business, and can assist you with the right coverage options you need at an affordable price.
Give Us A Call