Shopping Center
Such huge shopping hubs include a lot of machines and equipment to function on a daily basis. They are exposed to higher risks of theft, vandalism, damages due to social unrest, and more.
Hence it becomes very crucial to insure your shopping center business. At Exceed Insurance, our team of insurance experts brings you the best comprehensive plans to give you the best coverage.
What is Business Insurance For Malls?
If you own or operate a shopping mall or a shopping center, it is important that you understand the various types of risks you will face on a daily basis.
A Shopping Center Insurance policy can protect your assets from all potential risks like fire hazards, theft, water damage, storm, visitor liabilities, and more. Shopping center policies are also known as lessors risk policies.
Lines of Insurance For Shopping Malls
Package Insurance
Pays for the property damages and liability claims caused by an incident in the shopping center premises.
Umbrella Liability Insurance
Pays for additional expenses that kick in when your general liability limit gets exhausted.
Commercial Auto Insurance
Protects your owned, hired, and non-owned business vehicles.
Workers Compensation Insurance
Protects your staff from any medical costs or loss of income situations that result from an on-the-job injury.
Additional Coverages
Property Coverage
Pays for any damages caused to your store property and contents in it.
General Liability Insurance
Equipment/Machinery Breakdown Protection
Business Income Insurance
Helps you sustain any losses, pay the bills, take care of repair costs in situations when you have to temporarily close business for a few days.