Frequently Asked Questions
What does electrical commercial equipment wholesale insurance usually cover?
It can include warehouse premises, contents, stock, racking, forklifts, public liability, employers' liability, product liability, goods in transit and business interruption cover depending on the operation.
Is this different from electrical white goods wholesaling insurance?
Yes. Electrical commercial equipment wholesale insurance focuses on trade and commercial electrical equipment such as switchgear, panels, controls, enclosures, chargers and contractor supplies, while white goods wholesaling focuses on appliances.
Do electrical commercial equipment wholesalers need product liability insurance?
Product liability is often important because supplied electrical equipment can lead to allegations involving fire, overheating, electric shock, injury or property damage, especially where goods are imported, branded or repacked.
Can goods in transit be included?
Yes, goods in transit can usually be reviewed for stock moved by own vehicles, couriers, pallet networks, branch transfers, contractor site drops or customer deliveries.
What information helps insurers quote?
Insurers usually need stock values, product mix, import activity, compliance controls, premises details, security, fire protections, delivery methods, customer types, turnover and claims history.
Can trade counter sales be included?
Often yes. Insurers will usually want to know whether customers collect from the premises, how goods are released, whether advice is given and how public access is managed.