As a wholesaler-distributor, you most likely need coverage for your building, your business personal property, the personal property of others in your care, liability and employee on-the-job injuries.
And that is probably just the beginning since wholesaler-distributors face some pretty unique risks. Below are some common industry risks that can help you think about insurance wholesaler-distributors need...
Hail on a lawn.
You probably don’t give hail a moment’s thought until it’s falling from the sky or bouncing off the roof of your house. And while you might not know a lot about hail, you probably know that it can be one of nature’s more destructive forces.
For reasons like this, it’s worth learning a little more about it. This series of posts answers some of the most common questions about this weather phenomenon.
Auto insurance typically follows the car rather than the driver. This means that your insurance will likely pay if your friend crashes your car.
There are two exceptions. The first is when the damage and/or injuries exceed the available limits on your policy. In this instance, it’s possible that your friend’s insurance would kick in to cover the outstanding balance.
Another exception can occur when someone drives your car without your permission...