Why do Distributors & Wholesalers need it?

The American economy depends on distributors, wholesalers and vendors to make sure that goods and products get where they need to go. However, if a mistake or accident happens in the course of your operations, the consequences can be potentially catastrophic to your business. BizInsure is where distributors and wholesalers go to get dependable and affordable business insurance tailored to exactly what they do. Click or Call to get started with a free insurance quotation today.

General Liability – Distributors & Wholesalers

A General Liability policy is designed safeguard your distribution or wholesale business against several of the most common types of liability claims that you may be susceptible to. It is the most fundamental form of business insurance and may often be required by contract from others that you work with.

A General Liability policy protects against bodily injury or property damage claims (from non-employees) that are a direct or indirect result of your business, products or services. An example could be as simple as someone falling and hurting themselves while working with you or in your store, or someone alleging that the product you sold them caused damage to their property. General Liability also protects against advertising injury and personal injury claims (e.g., libel, slander, defamation, etc.).

Business Owner’s Policy (BOP) – Distributors & Wholesalers

Most individuals and businesses who work in the distribution or wholesale business opt to purchase their business insurance in a package such as a Business Owner’s Policy (BOP). A BOP is an efficient and cost-effective way to protect against many of the more common exposures that your business may encounter.

In addition to General Liability (see above), a BOP may help cover your equipment and business property. It may also provide you with the option to cover business interruption losses, business auto liability, property in transit or at other locations, electronic data interruption and more.

Different businesses have different coverage needs, and distributors & wholesalers can choose which types of coverage to include in their package. This allows for a convenient and affordable way to protect your business assets from the unexpected.