Covers your products, materials and equipment that are transported over land (truck or train), or while they're in a warehouse. If involved in a collision, mishandling or cargo theft, Inland Marine Insurance covers the transported goods.
Commercial Property Insurance will provide coverage for your properties in case damage renders them impossible to rent or lease.
General Liability Insurance protects your small business against claims of third-party bodily injury and property damage, reputational harm and advertising injury. It covers medical bills, repair costs & legal fees.
Product Liability insurance covers your business if you need to recall one of your products. It covers your costs for retrieving the defective product from the manufacturer or seller to prevent any further bodily injury or property damage.
Why do Food Wholesalers need insurance?
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.
What risks do Food Wholesalers face?
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:
How much does insurance for Food Wholesalers cost?
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.