https://completemarkets.com/company/colonialgeneral/Selected-Mercantile-Insurance/
Policy Highlights:
Colonial General Insurance Agency, Inc. offers a flexible and competitive insurance program designed specifically for a wide range of mercantile and retail operations. The Selected Mercantile Insurance program provides both Property and Liability Coverages on a monoline or package basis, catering to retail stores that may include incidental installation, service, or repair operations.
Ideal Accounts and Appetite
This program is ideal for independent agents and brokers looking to place retail-related risks for clients operating small to mid-sized stores. Colonial General has a broad appetite across various retail classes, including but not limited to:
Antique and Collectible Shops
Appliance, Electronics, and Computer Stores
Beverage, Liquor, and Tobacco Retailers
Clothing, Shoe, and Jewelry Stores
Sporting Goods and Hobby Supply Stores
Furniture and Home Improvement Outlets
Bookstores, Newsstands, and Stationery Shops
Eligible operations may include incidental installation or repair services, making this a strong fit for accounts that don’t fit neatly into standard BOP markets.
For example, you might have a client who operates a bicycle retail and repair shop or a home electronics store that offers in-home installation—both would be strong candidates for this program.
Coverage Highlights and Advantages
Commercial General Liability Coverage:
Primary limits up to $3,000,000 Occurrence/Aggregate
$5,000 Medical Payments Coverage—Included
Additional Interests—Landlords included at no charge
Electronic Data Liability
Liquor Liability available
Excess or Umbrella limits up to $25,000,000
No deductible required
Property Coverage:
Building and Contents
Business Income and Equipment Breakdown
Accounts Receivable and Valuable Papers
Computer Equipment and Food Spoilage
Bailees’ Customers and Outside Signs
Basic, Broad, or Special Forms
Replacement Cost or ACV Options
Crime Coverage:
Inside the Premises—Theft of Money and Securities
Inside the Premises—Robbery or Safe Burglary of Other Property
Outside the Premises Coverage
Underwriting Notes and Minimum Premiums
Colonial General works with a variety of carriers to offer flexible solutions tailored to your client’s needs. The program is designed for clean to moderately complex risks, and underwriting is responsive to unique operations and exposures. Minimum premium requirements may vary depending on risk characteristics and state.
Territories and Availability
This program is available in the following states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Utah, and Wyoming. Some markets are admitted, while others may be written on a non-admitted basis, depending on the carrier and location.
Why Work With Colonial General?
Colonial General Insurance Agency, Inc. is a trusted Managing General Agency and Excess & Surplus Lines Broker with deep expertise in commercial retail risks. Their team provides agents and brokers with access to strong markets, competitive pricing, and underwriters who understand the nuances of mercantile exposures. Whether you're handling a standard retail shop or a specialized operation with service components, Colonial General offers the flexibility and support to help you close the account.
Frequently Asked Questions
What types of accounts are a good fit for this program?This program is best suited for retail stores with or without incidental installation, service, or repair operations, including antique shops, liquor stores, electronics retailers, and hobby supply stores.
Is this program available on an admitted basis?Some markets are admitted, while others may be non-admitted depending on state and carrier. Colonial General works with multiple carriers to find the best fit for your insured.
Can I package property and liability coverage together?Yes, Property and Liability can be written on a monoline or package basis depending on the needs of your client.
What are the general liability limits available?Primary limits are available up to $3,000,000 Occurrence/Aggregate, with Excess or Umbrella limits up to $25,000,000.
Which states is this program available in?This program is available in AZ, CA, CO, ID, NV, NM, UT, and WY.
Need help placing an account? Connect with a market specialist.