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Wholesale Distribution Insurance

 

Sterner Insurance Agency - Apple Valley, MN Your Wholesale Distribution Insurance Expert


 Wholesale Distribution Insurance

 

Listed below are the Coverages and Package limits available.

Typical Wholesale Distribution Coverage Summary

Typical Property Coverages

Typical Basic Package Limits

Typical Enhanced Package Limits

Business Income Actual loss sustained - 18 months Actual loss sustained - 18 months
Seasonal Automatic Increase Included Included
Accounts Receivable $5,000* on premises / $2,500 off premises $15,000* on premises / $2,500 off premises
Arson Conviction Reward $5,000 $5,000
Back-up of Sewers or Drains $1,000* $1,000*
Brands and Labels Usually enhanced only $25,000
Building Ordinance N/A ($5,000 Increased Cost of Construction included) Undamaged portion - included
Demolition - $50,000*
Increased Cost of Construction-$50,000*
Computer Coverage $15,000* $30,000*
Civil Authority 3 weeks, or when BI ends, whichever is longer 3 weeks, or when BI ends, whichever is longer
Crime Reward $5,000 $5,000
Debris Removal 25% covered loss / $10,000 add'l above Prop/BPP limits 25% covered loss / $10,000 add'l above Prop/BPP limits
Extra Expense Actual loss Sustained - 12 months Actual loss Sustained - 12 months
Fire Department Service Charge $2,000 $5,000
Fire Extinguisher Recharge $5,000 $15,000
Increased Cost of Construction $5,000* $50,000*
Master Key $1000 per occurrence $5,000 per occurrence
Newly Acquired or Constructed Locations - Buildings $500,000 $1,000,000
Newly Acquired or Constructed Locations - BPP $100,000 $500,000
Outdoor Property $500 per item / $2,500 max $500 per item / $2,500 max
Outdoor Signs $5,000* $10,000*
PersonalEffects $2,500 $2,500
Personal Property Off Premises $5,000 in transit
$15,000 at other locations
$15,000 fairs and exhibitions
$15,000 in transit
$50,000 at other locations
$25,000 fairs and exhibitions
Pollutant Clean-Up $10,000 $10,000
Premises Boundary 100 feet 1,000 feet
Preservation of Property 30 days 60 days
Product Recall Expense $10,000 $100,000
Valuable Papers and Records $5,000* on premises / $2,500 off premises $15,000* on premises / $2,500 off premises

CrimeCoverages

Basic Package Limits

Enhanced Package Limits

Employee Dishonesty $5,000* $20,000*
Money and Securities - Inside/Outside $10,000* $20,000*
Forgery and Alteration $2,500 $2,500
Money Orders & Counterfeit Paper Currency $1,000 $1,000
  * Higher limits available  

Liability Coverages

Limits

Premises/Operations and Products/Completed Operations
$500,000, $1M or $2M per Occurrence
Premises/Operation Aggregate:
2 x Liability and Medical Expense Occurrence Limit
Products/Completed Aggregate:
1 x Liability and Medical Expense Occurrence Limit
General Aggregate:
2 x Liability and Medical Expense Occurrence Limit
Personal Injury
Included
Advertising Injury
Included
Bail Bonds
$250
Tenants Liability
$100,000
Medical Expenses
$5,000 per person/$25,000 per occurrence
Reasonable Expense
$250/day
Employee Benefits Liability
$100,000* (Premier Only)
 
*Higher limits available
 


Let the Sterner Insurance Agency - Apple Valley, MN help you understand and protect all of the risks you run and all of the perils your business faces. We will do this with a well thought out and executed business insurance policy designed just for our Wholesale Distribution Insurance policy holders.