By the General Liability Guide Editorial Team. Our guides are verified against actual insurance carrier rate sheets and state industrial commissions.
For retailers, your biggest asset—your inventory—is also your biggest risk. From shoplifting to fire damage, protecting your "Stock on Hand" is critical to survival.
Commercial Property for Stock
A good retail BOP will cover your inventory at replacement cost, not just "Actual Cash Value." This means if a fire destroys $50,000 worth of clothes, you get enough money to buy brand new stock, not just the depreciated value.
Frequently Asked Questions
Usually, standard property insurance covers 'theft by force' (break-ins), but may exclude 'mysterious disappearance' or shoplifting unless you add a specific crime endorsement.
About This Guide
This guide was researched and written by the General Liability Guide editorial team to help business owners navigate the complexities of commercial insurance. We use data from industry leaders and regulatory filings to provide the most accurate estimates possible.