Strip Centers Quick Facts

Having more information means you can be better prepared.

Did you know?

• People go to strip centers an average of three times a week, every week.
  -- International Council of Shopping Centers
  
• The International Council of Shopping Centers has 70,000 members.
  
• Retail is the second-largest industry in the United States both in number of establishments and number of employees.
  -- Plunkett Research
  
• Nationwide retail rents average $19.32 per square foot.
  -- Retail Traffic magazine
  
• If your local building codes change and your building is damaged, you will be required to replace it according to the new codes. Nationwide offers Ordinance or Law Coverage for this.
  
• If a customer is injured inside one of your tenants’ shops, you also can be held liable. We can help protect you.
  
• The average cost of a slip and fall is $22,802.
  -- Injury Facts 2007, National Safety Council
  
• If a power surge takes out your phone system and computers, your Nationwide policy could cover the cost of repair and your lost income.
  
• If a burst water pipe damages valuable documents, papers, records or reference material, your Nationwide policy could help to restore or replace them.
  
• Nationwide is one of the top 10 commercial insurance carriers in the U.S.