Belleville Market is committed to providing a safe, secure, and professionally managed retail environment. However, as with any retail business, certain risks cannot be completely eliminated.
Merchants are responsible for understanding and managing the risks associated with operating their business and maintaining inventory within the Market.
Merchant Insurance Responsibility
Merchants retain ownership of their merchandise and personal property at all times.
Because Belleville Market does not own merchant inventory, we do not provide insurance coverage for:
- Merchandise and inventory
- Fixtures and displays
- Business equipment
- Personal property
- Loss resulting from theft, damage, fire, water, or other casualty events
Merchants are encouraged to consult with their insurance provider regarding coverage that may be appropriate for their business.
Liability Coverage
At this time, Belleville Market does not require merchants to carry a business insurance policy. However, we strongly encourage merchants to evaluate their insurance needs and obtain appropriate coverage when necessary.
Belleville Market reserves the right to require proof of insurance in the future or for specific merchant activities, events, demonstrations, pop-ups, or product categories.
Limitation of Liability
While Belleville Market maintains security systems, operational procedures, and risk management practices designed to protect the store and its occupants, Belleville Market is not responsible for loss or damage to merchant-owned property.
This includes, but is not limited to:
- Theft or shoplifting
- Customer-caused damage
- Accidental breakage
- Fire or water damage
- Natural disasters
- Misplacement of merchandise
- Other unforeseen circumstances
Merchants assume responsibility for the inventory, fixtures, and property they choose to place within the Market.
Best Practices
We strongly recommend that merchants:
- Maintain accurate inventory records
- Photograph their selling space regularly
- Keep documentation for high-value merchandise
- Utilize security tags when appropriate
- Conduct regular inventory audits
- Consider obtaining appropriate business insurance coverage
These practices can help simplify claims, support investigations, and reduce the financial impact of unexpected losses.
Summary
Belleville Market works hard to provide a safe and secure retail environment, but merchants remain responsible for their own inventory, property, and insurance needs. We encourage all merchants to evaluate their level of risk and obtain coverage that aligns with the needs of their business.