Question 1

What is a common misconception about General Liability for Convenience Stores & Markets?

Accepted Answer

C-stores have one of the highest slip/fall claim frequencies in retail due to entry spills, ice, and rain runoff.

Question 2

What happens if convenience stores & markets don't have General Liability?

Accepted Answer

Customer slips on ice at entry — $42K medical claim. GL pays.

Question 3

What is a common misconception about Workers' Compensation for Convenience Stores & Markets?

Accepted Answer

Late-night clerks face armed-robbery exposure — workplace-violence WC claims are real.

Question 4

What happens if convenience stores & markets don't have Workers' Compensation?

Accepted Answer

Clerk held at gunpoint files PTSD claim — $30K. WC pays.

Question 5

What is a common misconception about Commercial Property for Convenience Stores & Markets?

Accepted Answer

Inventory turnover is high — schedule actual values not historical.

Question 6

What happens if convenience stores & markets don't have Commercial Property?

Accepted Answer

Walk-in cooler failure spoils $4K of food. Spoilage coverage pays.

Question 7

What is a common misconception about Liquor Liability for Convenience Stores & Markets?

Accepted Answer

C-stores think only on-premises consumption creates dram-shop exposure. Some states extend liability for sales to obviously-intoxicated buyers.

Question 8

What happens if convenience stores & markets don't have Liquor Liability?

Accepted Answer

Sale to a visibly intoxicated customer who causes fatal accident — $250K dram-shop suit. Liquor liability pays.

Question 9

What is a common misconception about Business Interruption for Convenience Stores & Markets?

Accepted Answer

C-stores have low margins; closures are catastrophic.

Question 10

What happens if convenience stores & markets don't have Business Interruption?

Accepted Answer

Fire closes store 8 weeks — $90K lost income. BI pays.

Question 11

What is a common misconception about Employment Practices Liability (EPLI) for Convenience Stores & Markets?

Accepted Answer

Hourly workers file EEOC charges regularly.

Question 12

What happens if convenience stores & markets don't have Employment Practices Liability (EPLI)?

Accepted Answer

Terminated clerk files harassment charge — $25K. EPLI pays.

Convenience Stores & Markets Coverage Guide | RISKX