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Insurance Quote Forms

Looking for coverage? Click any of the following links to submit a quote for quick, accurate and affordable rates.

SHOS Commerical Insurance Quote Request Form
Commercial Auto Insurance Quote
General Liability Quote Form
Workers Compensation Quote
 

Insurance Customer Service Options

Self policy service any time of the day, directly from our website. To request a policy change on your account, click any of the following policy service options above.

Insurance Information

DPFG Insurance Services, an independent insurance agency contracted with regional and national carriers such as Travelers, Liberty, CNA, Grange, and Hartford.

What you can expect:

  • Experienced CSR familiar with SHOS requirements currently servicing Home Appliance Showrooms, Hardware, and Outlet stores nationwide
  • Coverage is compliant with SHOS requirements
  • Exceptional Customer Service
  • Discounted pricing
  • Customized insurance coverage which not only meet your SHOS contractual obligations but also provide increased limits and additional coverage typically not found in commercial policies (including, but not limited to):

o   Employment Practice Liability

o   Director and Officer Liability programs

o   Data Breach coverage

In addition to the required property and liability coverage’s we offer solutions to your employee benefits such as group medical, dental, life and other ancillary products.

To take advantage of this program please click on one of the quote links above or email us at SHOSinfo@dpfgins.com



Overview of Insurance Requirements-Sears Hometown and Outlet Stores, Inc.*

 

Owner/Franchisee will acquire and maintain at all times during their respective Agreement Term the insurance minimum coverages listed below.  Owner will acquire each insurance coverage from an insurer that at all times during the Agreement Term maintains a Best's Financial Strength Rating of A-/VII or better.  Owner will not have any self-insurance retention (SIR) provision(s) applicable to any required policies:

 

           Commercial General Liability:

$1,000,000.00 per occurrence for bodily injury and property damage; $2,000,000 general aggregate.  Coverage must include premises, operations, products/completed operations, personal/advertising, injury and all contractual liabilities. 

Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns, designees are listed as the additional insured with respects to all operations.   Waiver of subrogation in favor of Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns, designees must be obtained.

 

           Automobile Liability (owned, non-owned, leased, and hired motor vehicles):

$1,000,000.00 combined single limit of liability including coverage for all owned vehicles, non-owned vehicles used in business and hired vehicles used in business. 

Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns, designees are listed as the additional insured with operations of motor vehicles.  Waiver of subrogation in favor of Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns, designees shall be obtained.

 

           Workers’ compensation and Employer’s Liability Coverage:

 

Policy must provide for all statutory benefits and liabilities for “employees” of the Owner/Franchisee as defined under state workers compensation statutes and laws.

Accident - $500,000 per person

Disease - $500,000 per person

Disease - $500,000 Policy Aggregate

 

Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns, designees are listed as the additional insured with operations.  Waiver of subrogation in favor of Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns, designees shall be obtained where allowable by law.

 

 

 

 

 

           All Risk Property:

 

Owner/Franchisee will maintain all-risk property insurance that includes the Store and Approved Warehouse, and all Merchandise, Hardware, Software, Equipment, interior and exterior signage, and all other property of Sears Hometown and Outlet Stores, Inc., its subsidiaries, assigns or designees in Owner/Franchisee’s possession, as consignee or otherwise, under their respective Agreement  (“SHO Property”) with a maximum deductible of not more than $5,000 excepting wind which should have a maximum deductible of 5% of the insured value.   This coverage will include all perils generally covered on a “Causes of Loss-Special Form,” including fire, extended coverage, windstorm, vandalism, malicious mischief, sprinkler leakage, water damage, accidental collapse, earthquake (if the Store is located in CA, OR, WA, HI, any location in Tier I, or any location in an earthquake zone) and flood (if the Store is located in a flood plain), for 100% of the full replacement cost. 

Owner/Franchisee will cause this policy to be endorsed to name Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns, designees as a Loss Payee as its interests may appear, and contain a waiver of subrogation in favor of Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns and, designees.  Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns, designees are listed as the additional insured with respects to all operations. 

Owners/Franchisees should refer to the link below for their average inventory level tier.  Owners/Franchisees should also include additional amounts for any owned furniture, fixtures and equipment that should be added to the inventory values:

 

Inventory (Only) Replacement Cost Tiers

 

           Bailee's Insurance:

If Owner/Franchisee’s All-Risk Property Insurance does not cover all SHO Property in  Owner/Franchisee’s possession, Owner/Franchisee will obtain Bailee’s insurance in an amount equal to the 100% of the full replacement cost of all SHO Property. 

Owner/Franchisee will cause this policy to be endorsed to name Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns and designees as a Loss Payee as its interests may appear, and to contain a waiver of subrogation in favor of Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns and designees.

 

           Fidelity Bond:  

Owner/Franchisee’s coverage will include employee dishonesty with limits of at least $50,000 per claim.

 

Owners/Franchisees must forward all initial and subsequent insurance certificates to the below designee:

DPFG Insurance Services

425 W. Roosevelt Rd.

Wheaton, IL. 60187

Email:   shoscerts@dpfgins.com

630-681-3500 (Phone)

630-668-3219 (Fax)

 

Contractor/Subcontractor Insurance:

Owners/Franchisees must cause all of its Subcontractors to obtain and maintain insurance that meets or exceeds the following Subcontractor Insurance Requirements. 

 

           General Liability:

Bodily Injury - $1,000,000

Property Damage – $1,000,000 Per Occurrence; $2,000,000 General Aggregate

 

Coverage must include premises, operations, products/completed operations, personal/advertising, injury and all contractual liabilities.

Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns, designees are listed as the additional insured with respects to all operations.   Waiver of subrogation in favor of Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns, designees must be obtained.

 

           Automobile Liability (owned, non-owned, leased, and hired motor vehicles):

Bodily Injury - $1,000,000 Per Person

Bodily Injury - $1,000,000 Per Accident

Property Damage - $500,000 Per Accident

Or Combined Single Limit - $1,000,000 Per Occurrence

 

Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns, designees are listed as the additional insured with operations of motor vehicles.  Waiver of subrogation in favor of Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns, designees must be obtained..

 

           Workers’ Compensation Statutory:

Employer’s Liability Limit - $500,000 Per Accident or Disease

Employer’s Liability Limit Policy Aggregate - $500,000

 

Waiver of subrogation in favor of Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns, designees.

 

Workers’ Compensation Insurance (which includes Employer’s Liability Insurance) is mandatory and independent Contractor’s Liability Insurance is required for all Subcontractors.

All Subcontractors are required to have an endorsement on their policy adding Sears Hometown and Outlet Stores, Inc., their subsidiaries, assigns, designees as an “Additional Insured”.  Prior to doing any work for Owners/Franchisees, Subcontractor must present Sears Hometown and Outlet Stores, Inc. with a Certificate of Insurance which contains a written provision by which the insurance carrier agrees to provide Sears Hometown and Outlet Stores, Inc. ten (10) days prior notice of any change or cancellation of any policy.

 

 

 

 

 

Contractor will not be permitted to have any self-insurance retention (SIR) on insurance policies required and outlined above.

 

Sears Hometown and Outlet Stores, Inc. reserves the right to modify the limits and types of coverage from time to time as determined solely by Sears Hometown and Outlet Stores, Inc.to ensure adequate coverage for both the Subcontractor and Sears Hometown and Outlet Stores, Inc. A copy of the Subcontractor’s current insurance policy must be on file in the Owner/Franchise facility at all times.

 

 

 

 

*Please review to your individual Contract or Franchise Agreement for actual requirements

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