Who Needs Wholesale Trade Insurance?
Businesses that fall into the wholesale trade industry include:
What Insurance Do Wholesale Trade Businesses Need?
General Liability Insurance can protect your wholesale trade business from accidents and other mishaps, whether the result of a slip-and-fall accident or other, more severe injuries.
Example... The delivery man is injured by machinery while bringing a shipment of cargo to your warehouse. General Liability Insurance would be able to cover any medical expenses or legal fees involved in the accident.
Commercial Property Insurance will protect your Wholesale Trade business by covering the repair costs to your office in the event of property loss or damage.
Example... Your warehouse catches fire, destroying and damaging your wholesale goods. Commercial Property Insurance covers their replacement or repair.
Inland Marine Insurance insures the value of your wholesale assets while they travel across roads and highways.
Example... In the case of an accident or theft, the value of these materials will be covered by Inland Marine Insurance.
Want to know more about your specific service?
Want to know more about your specific service?
FAQs: Wholesale Trade Insurance
How Wholesale Trade and Insurance Connect
The wholesale trade industry provides over five million jobs in the United States. Of the many wholesale trade businesses in this country, the majority are small and employ 20 or fewer workers. Each type of wholesale trade business specializes in the sale and distribution of a specific category of goods.
If you own a business within the wholesale trade industry, you might want to consider the ways in which you might safeguard your company’s livelihood by obtaining an insurance policy designed to protect your specific needs in this sector.
Finding the right insurance for your business may not always seem straightforward, but we are here to help.
How Much Does Wholesale Trade Insurance Cost?
Insurance rates vary depending on different factors including location, claim history, business size, and type. You can get a more accurate insurance quote by identifying the specific needs of your business.