The Benefits Of Customized Distributor Insurance
When you come to Ferranti-Graybeal Insurance Agency Inc, you have the advantage of experience and an independent agency. Jason Graybeal has been in the insurance business since 1999 and he has inside knowledge on the wholesale distribution business, because his family owns Graybeal Distributing. They are the largest beverage distributors in the Eastern part of Oregon and have been in business since the 1950s.
In 2010, Graybeal Insurance became Ferranti-Graybeal Insurance Agency Inc, when Jason acquired Ferranti-Leavitt Insurance in Hermiston, and they now have two locations to better serve customers.
Give us a call today! We have 3 locations to serve you! 541.567.5523
The Solution to Your Wholesaler and Distributor Insurance
Question: What is the most important insurance plan for your wholesaling or distribution business?
Answer: The one that effectively covers all the key risks in your business at the lowest possible cost.
The great news is that we have that solution right here at Ferranti-Graybeal, the Commercial Insurance Specialists serving Eastern Oregon and Southeastern Washington.
What type of distributor business insurance do I need in Oregon or Washington?
If you're a small business, your best option might be a comprehensive business owner policy (BOP) which can be tailored to your specific needs and protect again most risks.
Alternatively, and for larger businesses, we can build a custom plan drawing on a number of options such as:
Commercial General Liability Insurance (CGL) to protect you against lawsuits and claims for loss and injuries you're alleged to have caused. A key element is inclusion of coverage for product liability -- an area where distributors increasingly find themselves involved, even where liability originates with a supplier or manufacturer.
Property Coverage for the structure and contents of your premises, including equipment, against a range of perils such as fire and theft and equipment failure. Includes warehouses, distribution center, offices, and any real estate that your business owns.
Commercial Vehicle Insurance, from one auto to an entire fleet. Coverage is also available for leased and rental vehicles and for off-road vehicles such as forklift trucks. You also may have trailers and some of them may be refrigerated units. You should have Wholesalers Insurance that includes liability and damage coverage for these vehicles.
- Equipment Insurance - you might own a wide range of equipment like lift trucks, power jacks, specially tools and equipment, refrigeration equipment, and warehouse HVAC systems. These things need protection.
- Protection for goods in storage or in transit against spoilage, theft and other risks. Inland Marine Insurance - also called cargo insurance. This covers your products while they are in transit.
- Employee Coverage including Workers Comp and Disability Insurance. You are required by law to carry workers compensation insurance coverage. This is an excellent benefit to provide to your staff. It will take care of them if they are hurt on the job and cannot work for an extended period of time. It also protects you from lawsuits.
Coverage for business disruption and loss of profits due to an insured peril.
Cyber Liability Insurance to protect against data breaches affecting your customers or suppliers. We can also insure against loss of valuable documents.
Surety bonds to meet contractual guarantee requirements.
- Offices - if you have offices, you will need to insure their contents. This includes computers, printers, copy machines, fax machines, furniture, and such.
- Liability Insurance - A Distributor Insurance policy covers liability insurance for injuries on your property. You also need liability for all your vehicles, including warehouse vehicles
- Liquor Liability Insurance - Host the occasional event/tasting/party? Better have coverage for the people who are consuming alcohol on your premises!
What types of wholesaling and distribution business can you cover?
Any type. For example:
- Food wholesaling and distribution insurance
- Refrigerated products and transportation
- Fuel and refueling services
- Beer and liquor wholesale and distribution
- Machinery and equipment transportation
- Restaurant supplies
- Pet and veterinary supplies
- HVAC (heating, ventilation and air conditioning), electrical and plumbing supplies
Is Optional Coverage Available in Oregon or Washington?
There are many options to consider and it depends on your business needs. That is why it is important to consult with a professional on the matter. For example, if you distribute refrigerated products, what will you do if your refrigeration equipment breaks down? You should consider refrigeration breakdown coverage with your Wholesale Distributors Insurance policy, to protect you from losses.
If something happens that keeps you from doing business for days or weeks, this could be disastrous. Business interruption insurance will reimburse you for losses like this.
Many companies should think about an umbrella liability policy that will cover the business for amounts in excess of one million dollars for a large range of liability issues that standard policies will not cover.
You also may wish to consider life insurance. In fact, if you need to borrow money for business uses, creditors usually insist on this coverage. It is also a good idea to take out life insurance if you have business partners, so everyone's interest can be protected.
How does Ferranti-Graybeal know the Distributor/Wholesale market?
Jason Graybeal's (President of Ferranti-Graybeal family owns Graybeal Distributors in Northeastern Oregon since the 1950's! He grew up in the business and understands the unique needs of this type of business and the protection that must come along with it to avoid financial loss or disruption!
You can be assured of the best rates and insurance options when you choose an independent agency like ours. They are not bound to any one insurance company and they specialize in individual solutions for you and your business.
Don't wait until it's too late to find out if your Wholesale Distributors Insurance is sufficient. Contact Ferranti-Graybeal Insurance Agency Inc today for a no obligation consultation. In Hermiston, call 541-567-5523 and in Pendleton call 541-276-3551 or you can go to the website contact form for more details today
Get the information and answers you need now
If you're just starting out or looking for better coverage and have questions about distributor or wholesaler insurance, Ferranti-Graybeal's experts are standing by to answer and explain.
No need to shop around and read masses of distributor insurance reviews. We've already done the legwork.
Whether your business is local, state-wide, national or even international we can source the distributors and wholesalers coverage at the most competitive prices -- because we know your business and we work with many leading insurers to secure the best deals and discounts.
If you already have insurance coverage for your business, we will happily review it at no-charge to ensure you're getting best value and the correct coverage.
How much? Get a fast, free distributor insurance quote with no obligation~just fill out the EZ form or give us a call: 531.567.5523
And if you just want an idea of how much it might cost to insure your business we'll quickly tell you. It won’t cost you a cent to find out and there's absolutely no commitment.
Get in touch now and let us guide you to the best, lowest-cost distributor insurance solution.
We're an independent agent working with all the best companies, not tied to just one specific insurer.
This enables us to find the best prices and, where available, secure valuable discounts and arrange payment plans.
We can help you with risk management guidance and regulatory compliance, and ensure you have the right protection in place.
We provide advice, support and advocacy if you need to make a claim.
We regularly review your coverage, so it keeps pace with your growing and changing business needs.