Property Choice for Wholesalers and Distributors helps protect the property a wholesaling or distribution firm owns and leases, including computers, supplies, and equipment. Property Choice also offers coverage extensions and specialized industry additional coverage options such as Logistics Extra Costs and Contingent Business Income. For growing wholesale and distribution businesses, The Hartford makes it easy to cover newly acquired property.
Recommended Coverage for Wholesalers and Distributors
General Liability Coverage
Helps cover property damage, including damage to rented properties, and accidents related to running a wholesale or distribution business. General liability coverage from The Hartford can also help protect business assets in the event of a lawsuit for claims of negligence, personal injury, libel, slander, errors, omissions and more. This coverage can be customized by the business to meet the needs of almost any wholesaler or distributor.
Computers and Media Coverage
The Hartford has flexible options that can be tailored by businesses to the individual needs of different types of wholesale and distribution businesses. This coverage can help reimburse costs related to the physical loss or damage to computer hardware, computer software, and loss of data. When traveling on business, it also covers portable computer equipment within limits worldwide.
Seguro contra inundaciones
Helps covers the structure and contents of a warehouse or distribution center in the event of a flood. The Hartford is the third largest provider of flood insurance in the country and has been offering this coverage for more than two decades.
Accounts Receivable
Helps cover the costs to recover or reconstruct accounts records that are lost or damaged by a covered loss, so businesses are able to reissue invoices and collect outstanding balances.
Off-Premises Utility Services
Helps cover the loss of business income if a firm is unable to conduct business because of an interruption in utility services due to a covered event.
Cyber Security Coverage
Our end-to-end cybersecurity solutions helps protect wholesalers and distributors from a broad range of potentially severe third-party liability and first party risks associated with data privacy and network security breaches, including hacking, malicious software, activities of rogue employees, hardware theft, employee error and more.
Management Liability Coverage
Helps protect against management liability risks faced by wholesale and distribution businesses and their management teams. Our offering includes:
- Directors, Officers and Entity Liability Coverage (D&O) – helps protect wholesale and distribution businesses, their directors, officers and management personnel against loss that arises out of the day-to-day operations and management of the company.
- Employment Practices Liability Coverage (EPL) – helps protect wholesalers and distributors from damages and defense costs that arise out of employment-related disputes, including but not limited to alleged discrimination, sexual harassment, violation of the Family and Medical Leave Act, refusal to hire and wrongful termination or discipline.
- Fiduciary Coverage – helps cover employee claims related to the design, administration and maintenance of company-sponsored retirement, health, and other employee benefit plans.
- Crime Coverage – helps protect wholesalers and distributors against loss from employee theft, computer fraud and other similar crimes.
- Kidnap/Ransom & Extortion Coverage (K&R) – helps protect against financial losses due to kidnap and ransom/extortion, both in the U.S. and abroad.
Representations and Warranties Coverage (R&W)
Helps wholesalers and distributors reduce common merger and acquisition (M&A) risks.
Multinational Coverage
The Hartford offers U.S. domiciled companies a spectrum of coverage that goes far and wide. Whether you need to cover employees traveling abroad or a whole overseas enterprise, The Hartford can offer the right package of protection with options ranging from The Hartford Passport Package to The Hartford’s Controlled Master Policy (CMP) with local multinational policies – in one coordinated insurance program.
Umbrella and Excess Liability Coverage
Helps wholesalers and distributors survive a significant liability claim that exceeds the limits of primary coverage.
Additional Solutions for Wholesalers and Distributors
Seguro de compensación para trabajadores
The Hartford is a leading provider of Workers’ Compensation Insurance. XactPAY® offers pay-as-you-go workers’ compensation premium payments based on actual monthly payroll figures to help better manage cash flow fluctuations and minimize audit adjustments. Best of all, this coverage is offered at no extra cost.
Commercial Auto Coverage
Covers vehicles a wholesale or distribution business owns, leases, rents or borrows – on the road and off. At no additional cost, commercial auto insurance helps cover electronic equipment in vehicles, along with lease and loan gaps. For wholesalers and distributors, we offer FleetAhead, a commercial vehicle solution that uses telematics and real-time data to help fleet owners identify risk and prevent accidents. Participating companies can get a 15% discount on their premiums.
Marine Coverage
Helps provide protection for wholesalers and distributors that ship products both in the U.S. and overseas. Coverages can include:
- Ocean Cargo Insurance, which helps cover most shipments of goods, freight and merchandise within limits.
- Warehouse Legal Liability Insurance, which helps cover physical loss or damage to property during storage, cross docking, or other similar activities.
- Property in Transit Insurance, which helps protects a wholesaler’s or distributor’s property if damaged during shipment.
Ingeniería de riesgo
The Hartford’s innovative Risk Engineering team strives to assist wholesale and distribution companies run safer and ultimately more profitable with loss control services that include risk exposure evaluations, consultations, and recommendations for improving businesses’ safety and security.