Risk Management Blog - ClearRisk

Retail with Risk: How Does Your Business Compare to Industry Averages?

Posted by Rebecca Webb on Thu, Sep 21, 2017 @ 09:09 AM

As a business owner, it is vital to ensure that you are properly covered in case anything goes wrong with your operations. As a retailer, you must be prepared for theft, liability claims, and accidents. But how much insurance do you really need? How much should your average payout be, and how often should these incidents really be occurring? Take a look to see how your business compares to retailer averages.

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Topics: Retail Risks, slips trips and falls, Retail Claims Management, product liability, theft risk, retail industry, average retailer costs, average retailer losses