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Parker, Smith & Feek works with retailers in many product areas through our Retail Business Practice Group. This practice group helps clients insure both leased and owned locations and multiple stores in the same or different states. We provide assistance in calculating business interruption costs; adjusting insurance coverage for seasonal stock fluctuations; and provide guidelines for loss prevention due to robbery or shoplifting.
We analyze the risk exposures unique to specific retail categories such as restaurants or drugstores. As an example, we help restaurant owners evaluate fire suppression systems for hoods and vents, liquor liability, food storage and handling practices. The Retail Practice Group offers our retailers individual service specific not only to their trade, but to their unique sales concept or strategy as well.
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