Wholesaler and distributor insurance in Mount Juliet and throughout Tennessee.
Because of the volume of inventory held on-site, your business as a wholesaler or distributor is subject to more risks. You are shielded from the particular financial dangers involved with this kind of business by a specialty wholesaler and distributor insurance coverage.
Due to the nature of the industry, wholesalers and distributors are subject to some unique hazards. The financial hazards of fire, flood, and theft are increased just by keeping a lot of merchandise on hand or in transportation. The costs and compensation claims resulting from the consequences the damaged or destroyed product has on your customers’ supply chains must be taken into account.
Custom Built Wholesale and Distributor Insurance Policy
Wholesaler and distributor specialty insurance policies are typically quite customized to your specific needs, including having adequate coverage levels to match the high value of a fully stocked warehouse Typically, you’ll have three main parts: liability insurance to cover claims for injuries or property damage visitors suffer while on your premises or your delivery staff cause elsewhere; protection against loss of income in the event that your facility is rendered inoperable; and property insurance to cover the stock itself.
In most cases, you’ll also have the choice to add further forms of coverage, such as defense against a data breach, protection against claims from human resources and employees, loss of power or communication at your location, or damage to leased equipment.
Contact us right away to make sure your company is suitably protected.