Insurance for Other Wholesalers

Get business insurance with optimized coverage to meet your exact needs

Prefer to speak with a CoverWallet consultant? Call

(646) 844-9933

Frequently Asked Questions

Why do Wholesalers need insurance?

Businesses in this industry wholesale a wide variety of specialty and common goods. Establishments include, but are not limited to, those that wholesale alcoholic beverages, toys, paint, petroleum, electronics, flowers, chemicals, and stationary.

Wholesalers need insurance because it keeps your business from falling apart when a covered risk happens. Your insurance will pay for the covered costs such as defense and court costs when your business gets sued, or the repair or replacement of damaged property, thereby protecting your business and even your personal assets.

What risks do Wholesalers face?

Wholesalers face a unique set of risks, below are some examples:

  • Your warehouse catches fire and some of your merchandise has been badly damaged.

  • A batch of your products has been found to be defective. The product has already been sold to the public, therefore a costly product recall is required.

  • While transporting your merchandise, the truck gets involved in an accident in which some of your products have been destroyed.

How much does insurance for Wholesalers cost?

The cost of insurance for wholesalers varies as it is usually defined by the size of your business, the number of employees you have, and the coverage needed. If you want to know the cost of your insurance, simply apply online and we'll deliver your free quote in minutes.

Are You Ready to Get Covered?

Prefer to speak with a CoverWallet consultant? Call(646) 844-9933