PreferredVerified Q1 2026
Source: biBERK — Retail Insurance
biBERK: Retail Stores Insurance Appetite
biBERK has a dedicated retail insurance page, indicating strong appetite for this class. Their BOP product is well-suited for small retail stores needing property and liability bundled. The up to 20% savings pitch is compelling for price-sensitive retail owners. Agents competing against biBERK on retail accounts should emphasize claims advocacy and personalized service. For small single-location retail, biBERK is hard to beat on price.
Available Lines
| Line of Business |
|---|
| General Liability |
| Workers' Compensation |
| Business Owners Policy (BOP) |
| Commercial Auto |
| Umbrella/Excess |
| Cyber Liability |
Premium Range
$1,500-$8,000
Typical annual premium
Target States
All 50 states (varies by line)
Key Features
- Dedicated retail store insurance page with tailored small business coverage
- Up to 20% savings compared to traditional carriers
- BOP bundling property and liability for streamlined retail coverage
- Online policy management with instant access to documents and COIs
- Cyber insurance add-on for retailers handling customer payment data
Limitations
- Direct-to-business only — not available through independent agents
- Large retail chains may need more capacity than biBERK typically provides
- Specialty retail (firearms, cannabis) may face underwriting restrictions
Compare Other Carriers for Retail Stores
Progressive CommercialPreferred
$1,500-$8,000
TravelersStandard
$2,500-$12,000
CNAStandard
$3,000-$15,000
HiscoxStandard
$500-$4,000
ERGO NEXT InsurancePreferred
$500-$4,000
The HartfordPreferred
$1,500-$12,000
EMPLOYERS HoldingsPreferred
$800-$5,000
AcuityStandard
$2,000-$12,000
Erie InsuranceStandard
$2,000-$12,000
AmTrust Financial ServicesPreferred
$1,500-$10,000
BTISStandard
$1,500-$8,000
Pie InsurancePreferred
$800-$5,000