Commercial Insurance

for Distributors

Wholesale distributors keep the supply chain in motion. There’s no doubt about that. When we design insurance for wholesale distributors, we acknowledge their importance as well as the unique exposures they might be faced with. Our commercial insurance for distributors is designed to mitigate the risks that wholesalers could face, whether they’re small, medium, or have multiple different branches throughout the country and distribute on an international basis.

When Hitchings Insurance designs coverage for wholesale distributors in the form of commercial insurance for distributors, we get to know you better. We can do this by phone, video, or email, and we then use that knowledge to find you the best coverage to fit your needs. With our multiple carriers, we’ll sift through and use our expert insights to find the best fit for you!

Rest easy. Your distributor operations are safe in our hands, and we’ve got you from beginning to end. Read on for more information about commercial insurance for distributors or request a free distributor insurance quote from us today.

Distributors

Commercial Insurance for Distributors?

Wholesale distributors face unique business risks, so commercial insurance for distributors must be carefully designed to ensure it adequately reflects your business’ potential exposures. Not only does your business likely have a specific facility that it operates out of, but it might offer a multitude of services beyond simply distribution, including storage, transport, and so on. You may also be dealing with a lot of new technologies and global commerce on an international scale.

Here are several kinds of coverage which may be included in a comprehensive commercial insurance package for distributors:

Commercial General Liability

A standard builder’s risk insurance policy may cover you if any damages occur to the building under construction while construction is still ongoing. Insurable perils include such things as fire, theft, vandalism, storm, and hail.

Commercial Property Insurance

Your distribution company probably works out of a physical building. It may have contents and inventory, or even specialized equipment it needs to work. This coverage protects your commercial property against unforeseen losses.

Product Liability Insurance

Product liability insurance for distributors is critical if your business distributes a product that causes bodily injury or property damage. Any ensuing legal expenses may be covered by this component of your coverage. It can also go hand-in-hand with product recall insurance.

Business Interruption Insurance

If your business suffers a loss where you are unable to operate temporarily, business interruption insurance ensures you can keep moving – and so can the supply chain. It may cover ongoing expenses, like rent, bills, and lost wages.

Not every wholesale distributing business looks the same. Many of these businesses deal in the sales of unique products, and many businesses do things very differently. Even within their own niche industries, each company is its own! Therefore, it’s so important to work with an agency like Hitchings Insurance that can help you find unique coverage specific to your circumstances and won’t just saddle you with whatever plan that “works for the average wholesaler.”

Do I Need Product Liability Insurance as a Distributor?

Undoubtedly. Product liability insurance, as briefly described in the list above, is specifically designed to protect and safeguard your distributor business against legal liability for claims of property damage or bodily injury arising out of the use of your products. Product liability insurance for distributors is a vital and valuable protection for third-party coverage, which means if someone else suffers a loss, your product liability insurance for distributors will protect your business from any losses pertaining to claims that the product you distributed was faulty because of your distribution.

What Does Product Recall Insurance do to Protect me as a Distributor?

Product recall insurance is critical for whatever kind of product you distribute, whether it’s part of an insurance package for automotive part distributors, cosmetic supply distributors, medical supply distributors, or part of a comprehensive insurance plan for food distributors. Product recalls are not uncommon, and they often happen at the expense of retail businesses, independent sellers and, yes, even to wholesale distributors. Particularly included as part of standard insurance for food distributors, product recall covers your business for any expenses pertaining to a necessary recall.

Product liability does not include product recall coverage. To have coverage for any incidents pertaining to the products you distribute, you may need both types of insurance to be fully protected.

Get a Commercial Insurance Quote for Distributors

It’s better to find trouble before it finds you – and causes irreparable damages to your business. Insurance is an investment for your business’ longevity, and as a third-generation, family-owned insurance agency in Findlay, Ohio, Hitchings Insurance has what it takes to protect your wholesale distributor operation. Get a quote with us for free!

Distributors, of every variety, have proven themselves to be an integral part of the supply and demand chain. Without wholesale distributors dealing out their goods to the various businesses that may need them, there would be a huge hole left in our economy. Commercial insurance for distributors is designed specifically to help distributors and getting coverage from an agency like Hitchings Insurance ensures you’ll get the protection that best preserves your peace-of-mind.

See for yourself what the Hitchings Insurance difference can look like. Fill out your own free distributors insurance quote form or call us here at 419-423-9145 during business hours.