Shopping center insurance is a must for every business owner as they are a hub of retail shops, restaurants, offices, a variety of stores and others. People visit malls for various activities like shopping, eating, spending time with friends, or just for a change of vibe.
Such huge shopping hubs include a lot of machines and equipment to function on a daily basis. They are exposed to higher risks of theft, vandalism, damages due to social unrest, and more.
Hence it becomes very crucial to insure your shopping center business. At Exceed Insurance, our team of insurance experts brings you the best comprehensive plans to give you the best coverage.
If you own or operate a shopping mall or a shopping center, it is important that you understand the various types of risks you will face on a daily basis.
A Shopping Center Insurance policy can protect your assets from all potential risks like fire hazards, theft, water damage, storm, visitor liabilities, and more. Shopping center policies are also known as lessors risk policies.
Pays for the property damages and liability claims caused by an incident in the shopping center premises.
Pays for additional expenses that kick in when your general liability limit gets exhausted.
Protects your owned, hired, and non-owned business vehicles.
Protects your staff from any medical costs or loss of income situations that result from an on-the-job injury.
Pays for any damages caused to your store property and contents in it.
Helps you sustain any losses, pay the bills, take care of repair costs in situations when you have to temporarily close business for a few days.
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