Wholesalers and distributors have the responsibility of dealing with a steady flow of products and people on a regular basis. It is crucial that you have adequate protection in place, so you will be prepared when something goes wrong. Regardless if you maintain products in a warehouse or if you make your living with a fleet of delivery trucks, it is important that you have an insurance policy in place to protect the business that you have worked so hard to build.
When you have assets to protect, you need adequate property and liability insurance coverage that is tailored to meet the needs of your industry. NorthEast Insurance Services is dedicated to working with you to design an insurance policy that provides the level of protection you need, no matter how large or small of an operation that you run.
With NorthEast on your side, you have the advantage of many years of experience developing insurance solutions for companies just like yours. The insurance policy that you get as a result will be ideal coverage for the risks that you face each and every day as a wholesaler or distributor. You will receive comprehensive coverage with the benefit of affordable rates that fit nicely in your budget.
Insurance Designed Specifically For You
Owning a wholesale or distributing company comes with a wide variety of concerns that must be addressed with the right level of protection. Unfortunately, many business owners in such a position are not aware of the exact coverage that is necessary to provide optimal protection for their organization.
You will have the incredible advantage of doing business with someone who completely understands just how important it is to a wholesaler or distributor to have the right insurance solutions that address all of their major concerns. When you work with someone who not only understands the worries and risks associated with your particular industry, but is also willing to walk you through all of the available coverage options, you can rest assured that you will receive a complete coverage package that will protect you against all of the risks and concern that you face on a daily basis.
Available Coverage Types
It is important to understand the many different types of coverage options that are available to your industry. This is the only way that you can make sure you have all of the necessary coverage and are not paying for any options that you do not need.
1) How much General Liability Insurance do you need?
Not only will lawsuits come from someone who may get hurt on your premises there can also be suits for Product Liability if the products you distribute harm someone or cause property damage. Without the proper coverage these suits can be devastating to your business.
2) You may want to consider investing in Business Income coverage.
This type of insurance will protect you against a property loss that leads to the closure of your business. The bills will not stop coming just because you are currently unable to generate an income through your business. Therefore, you will need a coverage option that will provide you with the necessary funds to pay your employees, pay your mortgage or rent, cover the cost of relocation and all other expenses that relate to this type of claim.
Commercial Vehicle Insurance is also a popular option chosen by those in the business of wholesaling and distribution. In this industry, it is likely that you have one or more vehicles in service for your company on a daily basis. With the right commercial vehicle policy, you can protect the automobiles as well as the employees that are sitting behind the wheel.
Property in transit is another major concern for this industry. You are constantly moving products, materials and equipment to and from your warehouses. Any loss or damage of these items during transportation could prove to be quite devastating to your bottom line. That is the reason it is so important to have coverage that will protect you from such a loss.
These are only a few of the main coverage concerns for anyone doing business in the wholesale and distributing industries. Do not assume that the current coverage that you have will protect you against anything fate throws your way. It is important that you act now and take the time to talk with an experienced agency like NorthEast Insurance Services to make absolutely certain that your business and your livelihood will be protected.
All you have to do to get started right away is to click on the quote request button now. You will be amazed to find out just how affordable the peace of mind you need to keep your operation running smoothly really is.