Your shop is more than a storefront. It’s inventory you’ve paid for upfront, fixtures you’ve invested in, and a location your customers know. A single break-in, fire, or burst pipe can put all of it at risk at once.
Retail insurance from Park Insurance is built around how independent shops actually operate in BC — with coverage for your stock, your space, and the income you’d lose if you ever had to close your doors while repairs happen.
Not sure what your current policy covers? Start with a free Business Insurance Audit and find out exactly where you stand.
Why BC Retail Shops Need the Right Coverage
Retail carries a specific mix of risks that generic business policies don’t always address well:
- Inventory exposure — your stock is capital sitting on shelves, vulnerable to theft, fire, and water damage
- Customer foot traffic — every person who walks through your door is a potential slip-and-fall liability claim
- Leased premises — most shops have invested in tenant improvements their landlord’s policy won’t cover
- Closure costs — even a short forced closure means lost revenue while rent and expenses continue
Core Coverage for Retail
Commercial Property & Contents
Protection for your inventory, fixtures, equipment, and tenant improvements against fire, theft, water damage, and more.
Commercial General Liability
Coverage if a customer is injured in your shop or your operations cause damage to someone else’s property.
Business Interruption
Replaces lost income and covers ongoing expenses if a covered loss forces your shop to close temporarily.
Frequently Asked Questions
Does my landlord’s insurance cover my shop? No. Your landlord’s policy covers the building itself. Your inventory, fixtures, improvements, and liability are your responsibility to insure.
Is theft covered? Theft and break-in coverage is a standard part of a well-built retail policy — including damage caused during a break-in. Coverage limits should reflect your actual inventory value, which is one of the most common gaps we find in audits.
What if I sell products that injure someone? Products liability is typically included within commercial general liability. Your broker will make sure the coverage reflects what you actually sell.
How much does retail insurance cost? It depends on your inventory value, location, operations, and coverage limits. A conversation with a broker is the fastest way to get an accurate number for your shop.
How It Works
Audit: Send us your current policy for a free, no-obligation review — or start fresh if you’re setting up coverage for the first time.
Coverage: We build recommendations around your actual inventory, premises, and operations — nothing generic.
Advocacy: When a claim happens, your Park broker advocates for you through the entire process.
Part of our Main Street Insurance program for local storefront businesses.
Find out if your shop is properly protected.