Workers Compensation in 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. Learn more about workers' comp insurance rates >>

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.

About 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.

Wholesale Trade Work Class Codes

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

Other Tips

If you employ workers in multiple states or your employees are temporarily working out-of-state, you need to purchase insurance for all the states where your workers are located, according to each state’s laws.

Call 1-800-416-0285 and let us walk you through it.

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.

Learn more about workers’ comp insurance rates >>

Here's What You Need to Get Started

To buy workers compensation insurance, you need to request a quote from a licensed insurance agent and provide some details about your business.

Here’s what to have in front of you:

Number of employees in each class code.
Total payroll for all employees. You may be able to exclude yourself if you don't wish to be covered under the policy.
Federal ID Number. If you are a sole proprietor, you can use your Social Security Number.
Copy of your workers comp insurance policy, if you've had coverage or claims in the past few years. If you know your company's experience mod, please have your experience mod rating sheet or policy in front of you. Otherwise, you will be assigned a default rating of 1.0.