Our Solutions for Your Strip Center Insurance Concerns

Just as your mix of tenants makes your strip center unique, your insurance concerns aren’t identical to those of another strip center owner. But there are a few questions that are common to many strip centers, and we’ve put together some answers for you here. When you’re ready to speak to an agent, find one near you using our Professional Locator.

(Please note all coverage may not be available in all states.)

Glossary

 

Your Worries	The Solutions
What you think about	How you can help yourself	How Nationwide can help
If my strip center needs to close for some reason – such as a fire or storm damage – how do I continue to pay my employees and bills?	Ask your agent if this coverage is automatically built into your policy Review our Disaster Planning Guide for Small Businesses	Business Income Coverage
What if a customer slips and falls in the strip center parking lot?	Review Preventing Slips, Trips and Falls Safety Bulletin Maintain parking lot and outside walking surfaces Have contracts in place for timely ice and snow removal	General Liability Coverage Medical Payments Umbrella Coverage
What if a customer gets hurt while shopping in a store at my strip center?	Have proof of insurance from all of your tenants on file Encourage your tenants to contact a Nationwide agent to protect their business Review Preventing Slips, Trips and Falls Safety Bulletin	General Liability Coverage Medical Payments Umbrella Coverage
Do I have coverage if there is a fire in my building?	Utilize surge protection for electrical equipment Make sure all electrical equipment is properly grounded Be sure your fire extinguishers are serviced on a regular basis Install a monitored fire alarm system Have sprinkler systems installed for tenants with higher fire exposure	Building Coverage Ordinance or Law Coverage
What if my boiler explodes, causing the strip center to shut down?	Utilize our free boiler inspection annually Maintain the boiler equipment	Equipment Breakdown Coverage Property Coverage Business Income Coverage
What if a storm knocks over my sign and it lands on customers’ cars?	Use signs that are built to withstand local weather conditions	Outdoor Sign Coverage General Liability Coverage Umbrella Coverage
What if multiple customers are injured in the same accident at my building?	Review your umbrella limits with your agent to make sure you are adequately protected	General Liability Coverage Umbrella Coverage
What if my roof leaks and damages the stock, furniture and equipment in my tenant’s business?	Make sure your roof is well-maintained and is designed to meet your local weather conditions.	Property Coverage General Liability Coverage
What if a customer is mugged in my parking lot?	Have adequate lighting Post “No Loitering” signs Consider security equipment or services	General Liability Coverage
If someone steals the copper from my air conditioning units, am I covered?	Protect air conditioning units with metal cages that are securely mounted	Property Coverage
If a sewer backs up and water damages my building, am I covered?	Elevate items that can be damaged by water Make sure storm drains are clear of obstructions	Back Up of Sewer or Drain Water Damage Coverage