Question 1

1. What does convenience store insurance cover?

Accepted Answer

It typically covers liability, property damage, employee injuries, theft, and business interruption. Optional add-ons include liquor liability, cyber coverage, and environmental protection for gas stations.

Question 2

2. How much does convenience store insurance cost?

Accepted Answer

On average, annual premiums range from $4,000 to $10,000, depending on store size, location, coverage, and risk factors.

Question 3

3. Do I need separate insurance if my store sells alcohol?

Accepted Answer

Yes. Stores selling alcohol should add liquor liability insurance to protect against claims involving intoxicated customers.

Question 4

4. Can I get cheaper convenience store insurance as a new business owner?

Accepted Answer

Yes. By bundling policies, installing security systems, and maintaining a clean claims history, you can lower your premiums.

Question 5

5. What’s the best insurance for convenience stores in 2025?

Accepted Answer

The best option depends on your store type and risk exposure. Top carriers include Nationwide, The Hartford, and Travelers, but always compare quotes for your specific business.