Ideal Accounts and Appetite
This program is designed for independent convenience stores, small grocery operations, and retail fuel stations. Ideal submissions include locations with or without gasoline pumps, stores selling alcohol, and businesses handling high customer foot traffic and inventory turnover. Argo’s underwriting team understands the operational risks associated with convenience retail, including employee dishonesty, food spoilage, and equipment breakdown.
You might have a client who runs a 24-hour convenience store with a fuel island and walk-in cooler. Or perhaps a neighborhood corner store that sells beer and wine while operating a small deli. These types of businesses are a strong fit for this program.
Coverage Highlights and Advantages
- Building coverage includes canopy and gasoline pumps, with Business Income on an Actual Loss Sustained basis
- Business Personal Property
Optional Enhancements:
- Liquor Liability
- Market Advantage Enhanced Coverage – includes 27 enhancements like no waiting period for Business Income-Civil Authority and BI Extended Period of Indemnity (90 Days)
- Building Ordinance & Law
- Money & Securities
- Employee Dishonesty
- Signs and Outdoor Property
- Computer Coverage
- Food Spoilage
- Utility Services and Equipment Breakdown
- Earthquake and Natural Disaster Options
- Identity Recovery
Program Advantages and Differentiators
- Over 70% of claims closed without payment – strong loss control and accurate risk selection
- More than 30 tailored accident prevention and safety programs available
- Specialized Property Extension Form adds value to standard property coverage
- Four decades of experience supporting food retail risks
Territories and Availability
This program is available in most states, with the exception of FL, HI, LA, MS, and OK. Argo offers admitted coverage in the majority of participating states, giving agents the confidence of regulatory compliance and standardized policy forms.
Why Partner With Argo Group?
As both a managing general underwriter and carrier, Argo Group provides agents with direct access to underwriting expertise, proprietary coverage enhancements, and responsive claims handling. Their commitment to the convenience store segment is unmatched, with safety and risk management tools that help reduce losses and maintain profitability for your clients. Whether you're placing a single-location shop or a multi-unit operator, Argo can help you craft a tailored solution.
Program available in all states except FL, HI, LA, MS, OK.
For more information contact:
Business Development
1 877 590 0775
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for independent convenience stores, small grocery outlets, and fuel stations with or without alcohol sales.
Is this program available nationwide?
It is available in most states except Florida, Hawaii, Louisiana, Mississippi, and Oklahoma.
Can this program cover stores with gasoline pumps and food service?
Yes, the program includes coverage for canopy and pumps, as well as options for food spoilage and utility services.
What makes Argo’s program stand out?
Argo combines over 40 years of industry experience with tailored coverages, strong loss control programs, and responsive claims handling.
Are liquor liability and enhanced business income options available?
Yes, optional coverages include liquor liability and Market Advantage enhancements with extended business income options.
Need help placing an account? Connect with a market specialist.