Wholesalers and distributors face some special risks by the nature of their business. Simply having large amounts of stock on the premises or in transit increases the financial risks of fire, flood or theft. However, you then have to factor in the costs and claims for compensation from the effects the damaged or lost stock has on your customers’ supply chains.
Specialty insurance policies for wholesalers and distributors are usually highly customizable to your particular needs, including having appropriate coverage limits to reflect the high value of a full warehouse of stock. Usually you’ll have three basic components: property insurance to cover the stock itself; protection against loss of income if your facility is put out of action; and liability to cover claims for injury or property damage visitors suffer while on your premises or your delivery staff cause elsewhere.
Our wholesalers and distributors insurance programs include detailed risk assessment and loss control expertise that can help reduce insurance costs for everyone from the small supplier to the large distributor.
Witkin Scott Associates, Inc offers free, comparative quotes on Wholesalers & Distributors Insurance from multiple insurance carriers so you can get the best possible rate.
Want to see how much we can save you? Just request a quote to find out.