416-613-6684

9:00AM - 6:00PM EST

AREAS OF FOCUS

wholesalers insurance

Accidents can happen to any of the moving parts in the wholesale business. Protect your workers, inventory, and business reputation with Novinger Wholesalers insurance. Contact us for a customized insurance policy suited for your business and industry.

Call 416.528.8305 for any questions about Wholesalers insurance.

Protect your business with Wholesalers insurance
Your wholesale business involves various parties including your suppliers and retailers. Business owners of any size that depend on distributing consumer goods can face unforeseen events and risks anywhere along the supply chain. As a business owner, the last thing you want is to let these events financially affect your company.

Wholesalers insurance provides coverage designed specifically for wholesalers in Ontario and anywhere in Canada. Having the right coverage can mean the difference between a slight hiccup and a huge loss. With our Wholesaler insurance, you know you can perform your best while we help you behind the scene. 

learn more about WholeSalers insurance

Compared to other industries, wholesalers face the unique risk of storing a large amount of stock on their premises or during transit. Storing a lot of inventory means greater potential for losses in case of accidents like fire or flood or crimes such as theft.

Furthermore, there are many interlinked elements when it comes to a wholesale business, from transporting to delivering your products to the people involved during different stages. In addition to these components, you also have to consider things like your warehouse, the stock kept on-site, manufacturers, and your retail partners that are essential to your operation.

Anything can happen within the supply chain that is out of your control and the last thing you want to happen is to let mistakes affect your business’s productivity. Wholesaler’s insurance saves you time and resources and protects your reputation in case an unfavourable incident occurs.

Regardless of your sector or whether you are a large or a small operator, every wholesaler needs business protection with the help of a Wholesalers insurance policy.

The following are examples of wholesalers that can benefit from wholesalers coverage:

  • Food and beverage
  • Heavy machinery and equipment
  • Metalwork
  • Gardening and building
  • Imported goods
  • Furniture
  • Electrical supplies
  • And more

Remember, every business has exposure to some level of risk regardless of sector and size. It is in your best interest to have a safety net for unexpected accidents and worst-case scenarios. Even if you have no history of accidents, you do not want to be that person without protection when the worst comes to pass.

Wholesalers insurance policies provide a range of coverages that can be tailored to your business needs.

  • Building coverage
  • Equipment coverage
  • Errors & omissions liability
  • Crime coverage
  • General liability<
  • Equipment coverage
  • Business interruption
  • Product liability
  • Flood, earthquake, and sewer backup
  • Stock coverage

If you are unsure which coverages you need for your business, simply get in touch with our Wholesale insurance experts at Novinger Insurance. Learn which coverages you need and how to mitigate risk at 416.528.8305 or fill out the contact form below.

The premium depends on many variables related to your business. The following factors help determine how much premium you can expect to pay for your coverages:

  • The industry, products, and services 
  • Claims history
  • Number of employees
  • Level and type of risk exposure
  • Size of your company and location
  • Year of experience
  • Annual revenue
  • Policy Terms

Insurance is not “one size fits all.” After all, your business is unique in all aspects. Talk to one of our experts at Novinger Insurance to find the right solution for your business.

Common wholesaler exposures and risks that your business can face include:

  • Equipment breakdown
  • Property damage
  • Product liability
  • Supply chain interruption
  • Business interruption
  • Manual handling and slips and trips
  • Burglary and shoplifting
  • Arson and vandalism
  • and more

Each wholesale business will have different levels of exposure and risks based on many business-related factors. To find out which coverages you need to protect yourself from various types of exposures, simply get in touch with us!

brown cardboard boxes on gray asphalt road