Wholesalers Insurance 
What types of insurance does a wholesaler need?
Explore Insurance for Wholesalers Covering Inventory, Liability, and Daily Operations
Wholesalers manage large inventories, tight logistics, and high-value transactions, making risk management essential. With wholesalers insurance, you’re protected against property damage, product loss, liability claims, and business interruptions. Whether you supply retailers, distributors, or manufacturers, the right insurance for wholesalers helps keep your operations efficient, secure, and resilient.
Business Owners Policy Insurance
Business owners policy insurance bundles commercial property insurance and general liability insurance coverages into one affordable package for small and mid-sized companies.
Best for
Customer bodily injuries
Damaged client property
Repair stolen property
General Liability Insurance
General liability insurance is essential for small businesses looking to protect themselves against common risks like bodily injury, property damage, and legal claims.
Best for
Slip-and-fall accidents
Damage to a customer's property
Claims of advertising injury
Workers Compensation Insurance
Required by law in many states, workers compensation insurance helps cover medical expenses, lost wages, and rehabilitation costs for on-the job injuries
Best for
Injuries sustained while working
Work-related illnesses
Medical expenses and rehabilitation costs
Professional Liability Insurance
Professional liability insurance, also known as errors and omissions insurance, is designed to protect your small business from claims of negligence, missed deadlines, or unsatisfactory work.
Best for
Claims of missed deadlines
Lawsuits of inaccurate advice
Claims of misrepresentation
Cyber Insurance
Cyber insurance protects against the financial fallout of stolen data, system outages, and regulatory fines. It's strongly recommended if your businesses handles credit card numbers, email addresses, and other personal information.
Best for
Protect against hacking
Covering breach notification costs
Protections against malware
Commercial Auto Insurance
Commercial auto insurance covers the cost of accidents involving a vehicle owned by your business. Most states require this coverage for vehicles owned by a business.
Best for
Bodily injury in accidents
Property damage in accidents
Protections against uninsured motorists
What Types Of Wholesalers Insurance Does My Business Need?
Wholesalers face unique risks, from high-value inventory to daily customer interactions.
Here are the essential wholesalers insurance every distributor should consider:
- General Liability Insurance – Covers slip-and-fall injuries, property damage, or food-related claims.
- Business Owners Policy Insurance – General liability and business property coverage all in one.
- Workers’ Compensation – Covers medical expenses and lost wages if staff are injured on the job.
- Business Interruption Insurance – Replaces lost income during closures caused by fire, equipment breakdown, or other covered events.
- Umbrella Insurance – Adds an extra layer of liability protection on top of your general liability policy limits, providing peace of mind for high-value claims.
- Cyber Insurance – Covers losses related to data breaches and cyberattacks, essential protection if your business stores customer information or processes online payments.
- Commercial Auto Insurance – Required if your business uses vehicles to transport products, covering liability and damage to the vehicles themselves.
What Is The Cost Of Insurance For Wholesalers?
Insurance for wholesalers coverage costs can vary, but generally, Gild Insurance customers’ policy coverages start at $500 annually.
Here are a few factors that influence insurance for wholesalers:
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Location
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Size of your operation
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Revenue
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Employee count
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Inventory value
- Claims History
The best way to find your wholesalers insurance cost is to get a free, online quote in minutes!
Do I Really Need Insurance For Wholesalers?
If you’re searching for the best insurance for wholesalers, the answer is simple: the right insurance protects your operation, your reputation, and your future.
Here’s how:
- Protect Your Business Assets – Covers damage or loss to your warehouse, equipment, and inventory so one unexpected event doesn’t halt your operations.
- Stay Compliant and Confident – Helps you meet insurance requirements from manufacturers, retailers, and logistics partners so your business keeps moving without delays.
- Safeguard Against Product Liability Claims – Protects your business if a product you distribute causes injury, illness, or property damage, covering legal costs, settlements, and recalls.
- Build Trust With Customers and Partners – Having strong coverage shows you’re reliable and responsible, giving clients and suppliers confidence to work with you.
Count on Fast Support for Your Business When the Unexpected Happens
When an incident affects your business, you deserve support that works as hard as you do. Gild’s Claims Concierge helps you navigate the business insurance claims process with speed, clarity, and confidence.
Our team works alongside you to:
- File and manage claims efficiently to minimize downtime and stress.
- Coordinate directly with your insurance provider for faster resolutions.
- Connect you with trusted repair and recovery partners to restore operations quickly.
Our goal is simple: get you back to serving clients and growing your business as quickly as possible. We’re here to keep you steady, supported, and ready for whatever comes next.
Get the Best Wholesalers Insurance Today!
Wholesalers insurance is about more than coverage, it’s about protecting your business, your reputation, and everything you’ve built. With Gild, you get more than a policy. You get a partner who understands the wholesale industry and provides the protection, tools, and support you need to stay secure and keep your business moving.
Frequently Asked Questions
Wholesalers typically need a suite of coverages to protect both physical assets and operational risks:
- General Liability – covers claims of bodily injury or property damage caused by your operations or products
- Commercial Property – protects your warehouse, inventory, fixtures, and business equipment
- Business Income / Interruption – covers loss of revenue if operations are halted due to a covered peril
- Product Liability – protects against claims arising from defects or harm caused by distributed products
- Cyber Liability – needed if you handle customer data, online orders, or investment in digital systems
- Workers’ Compensation Insurance – Required in most states; covers employee injuries from repetitive tasks, lifting heavy items, or workplace slips.
How much does wholesaler / distributor insurance cost?
On average, Gilders pay between $500-$1200 a year for protection.
Cost can vary depending on your:
- Location
- Size
- Value of Equipment and Tools
Gild will work with you to find the right tailored coverage that fits your budget and your needs.
Do I need special coverage if I import goods, package or handle products, or store items for others?
Absolutely. Some added risks for wholesalers include:
- Product recall coverage in case goods must be pulled back
- Warehouse legal liability / bailee’s liability when holding client property or goods on consignment
- Errors & omissions / professional liability if your advice, quality checks, or performance cause financial loss
- Environmental / pollution coverage if storing or handling hazardous materials
- Customs or import-export related risk coverage
Does wholesaler insurance cover damages to inventory in transit or during delivery?
Yes! When you have the right policy structures. For example:
- Inland marine / transit insurance covers merchandise while it’s moving between locations (warehouse to customer, etc.)
- Property + warehouse coverage protect inventory when stored on-site
- Off-site or “stock in transit” end
Endorsements can fill gaps not covered under standard property policies.
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