PreferredVerified Q1 2026
Source: Nationwide – Retail Insurance
Nationwide: Retail Stores Insurance Appetite
Nationwide's BOP program is a strong fit for Main Street retail – clothing boutiques, gift shops, bookstores, pet stores, and similar low-hazard operations. Their cyber endorsement is a valuable add-on for retailers taking credit cards. Multi-location retailers can often get account discounts.
Available Lines
| Line of Business |
|---|
| General Liability |
| Business Owners Policy (BOP) |
| Workers' Compensation |
| Commercial Property |
| Commercial Auto |
| Umbrella/Excess |
| Cyber Insurance |
Premium Range
$1,200-$9,000
Typical annual premium
Target States
All 50 states and DC
Key Features
- Comprehensive BOP with equipment breakdown and business income coverage
- Cyber liability endorsement available for retailers processing card payments
- Employee dishonesty coverage available as BOP endorsement
- Property coverage includes seasonal inventory fluctuations
- Competitive rates for single-location retail operations
Limitations
- Firearms retailers, pawn shops, and adult retail are excluded
- Convenience stores with gas stations require separate commercial package
- E-commerce-only retailers may not qualify for standard BOP
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
biBERKPreferred
$1,500-$8,000
AmTrust Financial ServicesPreferred
$1,500-$10,000
BTISStandard
$1,500-$8,000
Pie InsurancePreferred
$800-$5,000
Liberty MutualStandard
$1,500-$10,000
ChubbStandard
$2,000-$12,000
Cincinnati FinancialPreferred
$1,200-$8,000
Hanover InsurancePreferred
$1,200-$8,500
Auto-Owners InsurancePreferred
$1,000-$7,500
Guard Insurance GroupPreferred
$1,000-$7,000
Markel CorporationStandard
$2,000-$12,000
Coterie InsuranceStandard
$500-$3,500
Selective Insurance GroupStandard
$3,000-$25,000
Kinsale Capital GroupStandard
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InsureonStandard
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