Storekeeper’s Liability Insurance

What Does Storekeeper’s Liability Insurance Mean?

Storekeeper’s liability insurance is a type of casualty insurance that provides protection against liability for physical injury and property damage arising from the use, maintenance, possession, and ownership of a property or business, including its operations and products.

Insuranceopedia Explains Storekeeper’s Liability Insurance

The primary coverage includes bodily injury and property damage caused by an accident occurring on the insured’s business premises. The policy will cover medical expenses to treat bodily injuries sustained by another party when an accident creates a hazardous situation on the store premises or as part of its operations. It also covers the costs of liability suits arising from bodily injury or property damage claims, even if these suits are fraudulent and without basis.