Wholesale businesses come in all shapes and sizes, but the risks faced by insurance needs tend to be more similar than the differences suggested by the wide range of products sold. Whether a wholesaler deals in durable goods like office equipment or supplies, chemicals or cleaning supplies, or food products, the insurance needs of the wholesale business are roughly the same. Wholesale businesses typically run on small profit margins, so you need an insurance program that is both effective and economical. Nelson & Ward Company can put one together for you.
A Business Owners Policy may be a good place to start, or if your wholesale operation is large and more complex, you may need separate policies for your building and business property, your fleet of delivery vehicles, and the liability risks that come along with your wholesale operation. A few other components common in insurance programs for wholesalers include coverage for theft, employee dishonesty, goods in transit or storage, and directors and officers.
At Nelson & Ward Companywe understand your wholesale business and can ease the process of evaluating insurance alternatives and assembling the right insurance, risk management and safety program for you.
Our Wholesaler Insurance team years of experience working with the wholesale businesses throughout New Jersey.
