While every run of the mill liquor store carries the boozy basics, many stores also carry high-end and expensive bottles of specialty liquor. And these bottles are more susceptible to theft, along with all bottles being susceptible to being knocked over or otherwise damaged. How can you protect your store’s inventory?
One way to protect these pricey bottles is to display them in a locked case. Customers can still easily see these products, but potential thieves are faced with a barrier that may deter them from misdeeds. And apart from theft, keeping your high-end merchandise locked up also prevents accidental drops.
What about the rest of your merchandise? Even bottles with a lower price point are extremely valuable because of the volume you keep stocked. Boosting your store’s security helps protect your inventory. Install deadbolt locks, window break sensors, security cameras and an alarm system. While this does require an initial investment, it can be extremely beneficial over the years.
Even with security measures in place, accidents happen. A specialty liquor bottle can slip and fall while stocking the shelves. A cart can bump into an endcap filled with rum bottles. But your business doesn’t have to suffer the full financial loss. The right liquor store insurance policy can offer valuable protection of your store’s inventory.
The property coverage portion of your policy helps protect the physical assets of your business, including computers, shelving, signage and, of course, the inventory itself. Your agent can help you determine the type and amount of coverage that can best benefit your business.
Get a free quote today. Call Exceed Insurance at (855) 539-2333 for more information on the liquor store insurance policies we offer.