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Wholesale Insurance
Compare insurance for wholesalers
Tailored business insurance for your wholesale business
Protect against claims made by clients, employees and the public
Bionic is the price comparison site for your small business
We compare a vetted panel of trusted business suppliers
Bionic specialises in business insurance for small businesses, sole traders and more
Get tailored cover to protect against claims from customers and the public
Get the protection you need with no needless extras
What is...
wholesale insurance?
If you’re a small to medium business owner selling, distributing or supplying goods or services to other businesses, you should think about taking out wholesale insurance.
You never know when disaster could strike. A bad storm could damage your roof and cause a leak, ruining expensive stock. Or an employee could badly injure themselves while using machinery. You can’t completely prevent these risks, but you can protect against them.
Wholesale insurance provides peace of mind and financial protection when an insured event strikes - like a fire, vandalism or an employee injury. It can help sort out claims and legal fees so you can focus on running your wholesale business.
What types of wholesalers need cover?
There are many different types of wholesalers, supplying many different products or services. At Bionic, we can support the following small to medium businesses:
- General wholesalers
- Suppliers
- Merchant wholesalers
- Discount wholesalers
- Speciality wholesalers
What does wholesaler insurance cover?
Policies will vary per provider, and terms and conditions apply, so always check the small print in your policy wording to see what’s included and excluded. You cover could include:
Employers’ liability insurance
In case an employee gets ill or injured because of the work they do for you. A legal requirement if you have employees.
Public liability insurance
In case you injure someone or damage something while providing your services
Product liability insurance
Covers you if a food or beverage item you sell causes illness and a claim is made against you.
Commercial building insurance
To protect business premises that you own, whether you're using them or renting them out to others.
Stock and contents insurance
Provides cover for stock, including food & drink supplies against theft or damage by fire or other insured events
Business equipment insurance
Protects your business against losses if expensive gym equipment gets stolen or damaged.
Business equipment insurance
Protects your essential tools and equipment from theft or damages due to an insured event
Why do wholesalers need insurance?
If you’re a wholesaler, chances are you store stock at your premises. This can come with many risks, including:
- Stock or inventory being damaged by fire or flood
- A client claims you’ve supplied faulty products
- Your warehouse equipment is stolen or damaged
- A client or supplier is injured on your premises
- An employee gets injured while handling goods or using equipment
It’s worth noting that if you have any employees, then you must have employer’s liability insurance by law.
What does wholesaler insurance cover?
Policies will vary per provider, and terms and conditions apply, so always check the small print in your policy wording to see what’s included and excluded. You cover could include:
Public liability insurance
Covers against accident or injury. For example, a client visits your premises and trips, breaks a leg and makes a claim
Employers’ liability insurance
In case an employee gets ill or injured because of the work they do for you. A legal requirement if you have employees.
Product liability insurance
Covers you if a food or beverage item you sell causes illness and a claim is made against you.
Building insurance
Protects your building from unforeseen property damage including fire, storms, floods but also arsonists and vandalism.
Business interruption insurance
To provide compensation if a listed event stops your business from running normally.
Business equipment insurance
Protects your essential tools and equipment from theft or damages due to an insured event
Stock and contents
Protects the stock you sell against theft, fire or damages. Ideal if you’re storing expensive supplies
How much does wholesale insurance cost?
Every business is different, so costs are likely to vary based on the individual needs of your business, but also where it’s located, the policies you take out, the level of coverage and claims history.
Get in touch with a member of our insurance team and they will be able to compare quotes from our panel of suppliers to give you an idea of how much your wholesale business insurance policy will cost.
And remember, while price is important, it’s essential to choose insurance cover that meets the specific needs of your business
Get your business insured with help from Bionic
At Bionic, we support and champion UK business owners and want to help in every way we can. We work with a panel of trusted insures to provide insurance options for UK small to medium businesses.
We focus on getting you the right cover to protect your business against risk while searching for the most competitive quotes from our panel of insurers. Get in touch with us today by starting a quote online.
How Bionic business Insurance comparison works
Compare business insurance quotes in three simple steps
1
Start your quote online
Speed up the process by submitting basic business details online – whenever you have time.
2
Speak to our UK-based team
Schedule a call with one of our insurance brokers to discuss the details to ensure they’re correct.
3
Compare tailored quotes
Get your quotes from our panel of trusted insurers and talk any questions through with our team.
What info do I need to compare business energy?
We can start your business energy comparison with just your postcode. And we use smart data to help cut the amount of form-filling. But it could help if you have the following info to hand.
The name of your current supplier and your account number
The address of your business
Your monthly or annual business energy usage
Recent meter readings