Buying Guide | Retail store insurance online in Canada
Every. Penny. Counts. Six years ago, the Royal Canadian Mint stopped distributing pennies and people started rounding up and rounding down. While finding a loose penny in a pocket or purse is now a nostalgic event, businesses in Canada, especially retail stores, have never underestimated the value of a penny. On a single item, one cent can put your retail business in the black. Across hundreds, thousands or millions of SKUs, one cent can add up to retail profitability.
The evolving art of Canadian retailing
Retailers have long recognized how small tweaks, specifically designed to attract the attention of consumers, can quickly add up to big change. Local maple syrup products artfully displayed during sugaring season. Hand-printed, bespoke t-shirts featuring esoteric designs curated by a renowned street artist. Emoji-fied loss leaders grabbing attention in the subject lines of e-flyers that read like e-newsletters. Buying for a retail store requires insight, creativity and a keen eye for good value.
Getting product exactly where consumers will buy it is just one piece of the puzzle. Every decision you make running a retail store comes with choices. From advertising to security and everywhere in between as well as beyond, you have a lot on your plate as a Canadian retailer. This why we created an online solution that makes it super fast, easy and most importantly, simple to buy your retail store insurance online with ALIGNED.
3 questions to get a retail store insurance quote online
To understand what’s most important to you and your business, our user-friendly online app asks just three straight-forward questions:
- How much coverage would you like for your stock?
- How much coverage would you like for your equipment or any tenant’s improvements?
- What date you would like the coverage to take effect?
Input your responses and ALIGNED’s secure online quoting system will provide you with an instant quote. The quote outlines the cost of your annual policy, taxes and fees as well as the total overall price. In the full quote details section, you’ll also find specifics about all included coverages as well as limits.
Here are a few highlights of some coverages that may be relevant to your retail business in Canada:
- General Liability
- Tenant’s Legal Liability
- Employee Benefits Liability
- Standard Non-owned Automobile Policy
- Employee Dishonesty
- Loss Outside The Premises
- Money Orders and Counterfeit Paper Currency
- Depositors Forgery
- Equipment and Tenants Improvements
Just 3 more steps to buy retail insurance online
Provide a few additional details about your business and you can buy your retail insurance policy online right away. Should you have a question while you are inputting information, just give us a call. ALIGNED Insurance brokers are available to address your questions Monday to Friday, from 9:00 am to 7:00 pm EST. Reach us toll-free at 1-866-287-0448.
Whether you sell furniture, paint, baked goods, gas, clothing, art, books, groceries or countless other consumer products, you can buy retail insurance online with us. Across the country, our team of experienced insurance brokers understand the intricacies of the retailing and can help you manage your retail risks with the best insurance products and solutions.
|Get your insurance aligned. Looking for Canadian business insurance that’s ALIGNED with your bottom line? We can help. 365. Call us toll-free at 1-866-287-0448.
ALIGNED Across Canada. The ALIGNED National Operations Centre in Cambridge, Ontario supports our Toronto, Calgary and Vancouver offices. We’re proud to be consistently recognized by our industry peers and as one of the best insurance teams in Canada. As one of the fastest growing insurance brokerages in the country, we’re really proud of our five star Google reviews.
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Source(s): “The estimated savings for taxpayers from phasing out the penny is $11 million a year.” Royal Canadian Mint: Phasing Out The Penny; CBC News: “The latest retail trend? Go small – it’s cheaper in big expensive cities”