Insurance for Food Wholesalers

Establishments in this industry are involved in the wholesale distribution of all forms of fresh, frozen, pre-packaged and ready-to-eat foods, such as poultry products, frozen items, juices, meats, canned foods, and snacks.

Food wholesalers act as middlemen, getting food products onto the shelves of retailers. This means that they face the challenge of handling perishable products and getting them to retailers on time. A spoiled or damaged good is no good for business. This is one of the many risks that food wholesalers can face.

To protect your business and personal assets from these risks, insurance can help. Your insurance will cover the costs first until it has reached its limits. Most of the time, this means that you won’t have any out-of-pocket expenses.

From handling the food to taking care of your properties, your employees and anything that will keep your business afloat. But there will be risks and without insurance, your business can instantly go bankrupt.

Here are some of the common risks wholesalers can face:

• The food you have in store has spoiled. All those spoiled goods cannot be sold.
• The van or delivery truck you use to deliver goods on has been involved in an accident.
• The building you store goods it could be destroyed by fire, be flooded or suffer from disaster-related destruction.

The cost of insurance varies from business to business. Most insurance companies will ask for the type of services you offer, the number of employees you have, the properties you own or rent and many other criteria. To find out the cost of your insurance, apply for a free quote online, or contact our customer service representatives.