{"id":1277,"date":"2015-02-18T16:34:12","date_gmt":"2015-02-18T20:34:12","guid":{"rendered":"https:\/\/project-011.com\/?page_id=1277"},"modified":"2016-03-10T14:50:55","modified_gmt":"2016-03-10T19:50:55","slug":"computer-retail-store-insurance","status":"publish","type":"page","link":"https:\/\/project-011.com\/?page_id=1277","title":{"rendered":"Computer Retail Store Insurance"},"content":{"rendered":"

\"Computer<\/a>Computer Retail Store Insurance<\/h1>\n

Computer Retail Store\u00a0Insurance is provided on our Business Owner Policy (BOP) coverage form and is designed to perform for either for retail stores or retail and professional office or lab\u00a0combinations.\u00a0 We know that computer retail stores provide a variety of different equipment and software services.\u00a0\u00a0Some stores may\u00a0provide repair services and these\u00a0are products and services\u00a0we commonly find in computer retail store businesses.\u00a0 Computer retail stores are closely related to other software services businesses and when some of these businesses have multiple operations it may be necessary to more closely evaluate the combination of products and services to make sure that the classification of the business is appropriate for the types of work completed.<\/p>\n

Computer Retail Store Insurance\u00a0coverage is a perfect fit for businesses that primarily sell goods and services but some repair may be permitted.\u00a0 The Business Owner Policy for computer retail\u00a0store businesses will include the following coverage:<\/p>\n

Liability<\/strong><\/h2>\n
    \n
  • Bodily Injury and Property Damage, Premises Liability<\/li>\n
  • Personal Injury and Advertising Liability Coverage<\/li>\n
  • Employment Practices Liability Insurance<\/li>\n
  • Fellow Employee Coverage<\/li>\n
  • Host Liquor Liability<\/li>\n
  • Non-owned Watercraft<\/li>\n
  • Hired and Non-Owned Auto Liability<\/li>\n
  • Products and Completed Operations Liability<\/li>\n
  • Employee Benefits Liability<\/li>\n
  • Cyber Liability<\/li>\n
  • Ohio Stop Gap Liability Insurance<\/li>\n<\/ul>\n

    Liability insurance protects against the tort of negligence.\u00a0 The tort of negligence is a breach of duty\u00a0that is derived from common law principles that have evolved through decades and even centuries of recorded decisions about our relationships with one another.\u00a0 A duty is an obligation we owe to someone else.\u00a0 In essence, we owe each other the duty to protect them from the consequences of our actions and when someone is hurt or suffers harm to either body, property, or reputation, in our culture we boil down our grievances to a monetary settlement in most cases.\u00a0 In the case of the liability coverage provided in our optical goods store business insurance policy, we will pay for the benefit of a legal defense against the claims of injury or damage and we will also pay the amounts that become due to another because a finding of your negligence has occurred through legal proceedings or an agreement accomplished through the negotiations of your insurance carrier and the other people involved in the claim.\u00a0 This includes bodily injury and property damage as a result of events on the premises, through acts on and away from the work facilities, injuries caused by products, advertising injury, personal injuries other than bodily injury, hired and non-owned auto liability, and injury or damage caused due to computer intrusion and compromise when the coverage option is chosen.<\/p>\n

    Property<\/strong><\/h2>\n
      \n
    • Buildings including multiple locations<\/li>\n
    • Business Personal Property<\/li>\n
    • Building Limit Automatic Increase at the Time of Loss<\/li>\n
    • Computer Coverage and Cyber Crime<\/li>\n
    • Outdoor Signs\u2014Attached and Detached<\/li>\n
    • Building Ordinance or Law Coverage<\/li>\n
    • Off-Premises Coverage for Business Personal Property, including Property in Transit<\/li>\n
    • Earthquake Coverage (Some carriers)<\/li>\n
    • Business Income, including Extra Expense Coverage<\/li>\n
    • Coverage For Water Back-up<\/li>\n
    • Equipment Breakdown<\/li>\n<\/ul>\n

      Property insurance is required to be included when a business owner policy is used.\u00a0 If you own the building we must include the building.\u00a0 We must include the business personal property, stock and fixtures because the Computer Retail Store Insurance policy is a package policy that requires both liability and property coverage be included.\u00a0 The reason the BOP policy is cost effective is the large package credits that are built into the premium charges.\u00a0 The business owner policy provides a lot of coverage in a tidy package and it is flexible enough to handle several locations and variety of situations for building, business personal property, computer and cyber crime needs, signs, coverage on or off premises, loss of business income, and break down of critical building mechanical systems that may alter your ability to operate.<\/p>\n

      Inland Marine and Special Property<\/strong><\/h2>\n

      (See IM Section for more Details)<\/h3>\n

      Mobile equipment and property that leaves the\u00a0insured premises\u00a0is best covered with an inland marine endorsement that is designed for equipment that may float to where you actually do your work, like for example, computer testing or installation tools.\u00a0 Certain equipment that is mobile in nature and leaves the business premises will find the broad coverage of the inland marine policy endorsement that best method of insurance this type of property.<\/p>\n

      Umbrella Liability<\/strong><\/h2>\n

      Umbrella liability is an additional limit of liability coverage that protects for damages that exceed primary policies and sometimes losses that were not covered in the primary policies but were not excluded by the language of the umbrella policy.<\/p>\n

      Crime and Fidelity<\/strong><\/h2>\n
        \n
      • Employee Theft<\/li>\n
      • Crime Inside<\/li>\n
      • Crime Outside<\/li>\n<\/ul>\n

        The loss of money through theft, robbery or burglary, or the dishonesty of an employee are losses that can cripple a business and tailoring the needs for crime and fidelity coverage can be done within the Business Owner Policy for optical businesses.<\/p>\n

        Business Auto<\/strong><\/h2>\n

        (See business Auto Section for Details)<\/strong><\/p>\n

        When your business operates business vehicles it is important to insure the vehicles with liability protection just like the premises and operations.\u00a0 The business auto coverage is dealt with in great detail in the business auto section.\u00a0 Follow the link to this section for my information.<\/p>\n

        Professional Advice and Agency Service<\/strong><\/h2>\n

        Quality coverage begins with understanding your needs and the extent of your operation.\u00a0 I have nearly four decades of\u00a0experience working with business owners and have unique skills and an understanding of the\u00a0computer retail store\u00a0business.\u00a0 This agency represents quality carriers that have the ability to provide the coverage your business needs whether or not it is ultimately provided inside of our Business Owner Policy or our more flexible Commercial Package Policy (CPP) option.\u00a0 Call and ask for Terry McCarthy at (513) 779-7920, 9-5 Monday – Friday most days.<\/p>\n","protected":false},"excerpt":{"rendered":"

        Computer Retail Store Insurance Computer Retail Store\u00a0Insurance is provided on our Business Owner Policy (BOP) coverage form and is designed to perform for either for retail stores or retail and professional office or lab\u00a0combinations.\u00a0 We know that computer retail stores provide a variety of different equipment and software services.\u00a0\u00a0Some stores may\u00a0provide repair services and these\u00a0are […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":79,"menu_order":0,"comment_status":"open","ping_status":"open","template":"tpl-business-owner-policy.php","meta":{"footnotes":""},"class_list":["post-1277","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/project-011.com\/index.php?rest_route=\/wp\/v2\/pages\/1277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/project-011.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/project-011.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/project-011.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/project-011.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1277"}],"version-history":[{"count":7,"href":"https:\/\/project-011.com\/index.php?rest_route=\/wp\/v2\/pages\/1277\/revisions"}],"predecessor-version":[{"id":2273,"href":"https:\/\/project-011.com\/index.php?rest_route=\/wp\/v2\/pages\/1277\/revisions\/2273"}],"up":[{"embeddable":true,"href":"https:\/\/project-011.com\/index.php?rest_route=\/wp\/v2\/pages\/79"}],"wp:attachment":[{"href":"https:\/\/project-011.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}