Insurance for Wholesalers and Distributors

As a wholesaler or distributor, you manage large volumes of goods, transportation logistics, and multiple transactions daily. Having insurance for wholesalers and distributors can help protect your business from unexpected financial losses. Whether it’s product liability, damaged inventory, or transportation accidents, the right coverage ensures you can keep your operations running smoothly.

Wholesalers

Auto Parts Wholesalers

Grocery Distributors

Medical Equipment Distributors

Wine Distributor (GL)

Vending Machine Distributor

General Liability for Wholesalers and Distributors

General liability insurance for wholesalers and distributors covers third-party claims related to bodily injury, property damage, or legal costs. For instance, if a customer slips and falls at your warehouse, your general liability policy would cover medical expenses and any legal fees if a lawsuit follows.

Business Owner's Policy (BOP) for Wholesalers and Distributors

A Business Owner’s Policy (BOP) for wholesalers and distributors combines general liability insurance with property insurance. It protects your business from property damage, theft, or loss of inventory. Imagine a scenario where a fire damages your warehouse, destroying a significant portion of your stock. A BOP would cover the costs of replacing inventory and repairing the facility.

Commercial Auto Insurance for Wholesalers and Distributors

Commercial auto insurance for wholesalers and distributors covers vehicles used for business purposes. If one of your delivery trucks is involved in an accident, this policy will cover the repair costs, medical bills, and legal expenses. For example, if a truck gets into a collision while transporting goods, commercial auto insurance would take care of the damages to both vehicles.

Excess Liability for Wholesalers and Distributors

Excess liability insurance provides additional coverage when a claim exceeds the limits of your general liability or commercial auto policies. For example, if a legal claim from a severe warehouse accident surpasses your general liability limit, excess liability would cover the remaining amount, protecting your business from out-of-pocket expenses.

Wholesalers and Distributors Safe Practices

Regularly inspect warehouse equipment and machinery.
Train staff on proper safety protocols and handling procedures.
Ensure proper labeling and storage of hazardous materials.
Maintain clear, unobstructed walkways to prevent accidents.
Routinely inspect vehicles and maintain them in good condition.