This is the bread and butter portion of our agency with over 1,000 health food stores currently in our group. We believe that health food stores have a different insurance characteristic from a grocery store/supermarket, and we have made arrangements for this accordingly.
We currently insure over 20% of all Independent Natural Food Retailers Association (INFRA) members. We recognize these are larger stores requiring a broader breadth of coverage.
We work with GNC corporate risk management on a weekly basis to make sure that your insurance policy is in full compliance with the extensive insurance requirements of the company.
Most health food stores have a higher value attached to their refrigerated products than a grocery store. We are offering an extension of coverage to include valuing refrigerated products at retail selling price at the time of a loss versus a wholesale valuation.
Since 1997, we have paid over 3,996 claims totaling $18,000,000+. We believe we have a “one-of-a-kind” understanding of claims as they relate to health food stores.
With claims representatives located in every state, we are able to offer a local contact to our insured clients to make sure that they are contacted immediately and have someone from their area helping them out through the process. “Local Service on a National Basis”
Disclaimer: Great American Insurance Group, 301 E Fourth Street, Cincinnati, OH 45202. Coverage is summarized. Refer to the actual policy for a full description of applicable terms, conditions, limits, and exclusions. Policies are underwritten by Great American Insurance Company, an authorized insurer in all 50 states and D.C.
Mark Kapatoes, Managing Member