Buying workers’ compensation for:

Wholesale Trade

Wholesale Trade

What to Know

  • The jobs in this industry vary; office jobs are low risk while jobs requiring the movement or handling of inventory can be more accident-prone.
  • The nature of your business, number of employees being covered and past coverage and claims are all factors in how much your premium will cost.

Potential Hazards

  • The most common complaints in this industry are muscle sprains or repetitive stress injuries as a result of handling inventory, eye damage from debris, and slip-and-fall injuries.
  • Some jobs in this can be very physically demanding, involving heavy lifting or pulling and putting workers at higher risk for sprains, strains and repetitive stress injuries.
  • Working at heights above 15 feet will make your business a greater risk.

Work Class Codes

Many businesses have several work class codes that describe what their employees do. It’s important to classify each group of employees accurately because it could alter your premium dramatically.

  • Clothing & furnishings wholesale
  • Industrial supplies wholesale
  • Fresh fruit & vegetable wholesale
  • Business-to-business electronic market wholesale

Other Tips

If your insured employs workers in multiple states or your insured’s employees are temporarily working out-of-state, they need to purchase insurance for all the states where their workers are located, according to each state’s laws. Call 1-800-476-2948 and let us walk you through it.

The nature of your insured’s business, number of employees being covered and past coverage and claims are all factors in how much their premium will cost.