Wholesalers

Workers’ Compensation for Wholesalers’

The wholesale industry is one of the highest risk industries in the eyes of insurance carriers especially on the workers’ compensation line of coverage. If you own, have ever owned, or newly own a wholesale business workers’ compensation and commercial insurance expenses is most likely one of your top expenses in order to operate your business.

At Platinum Partners we have access to markets specifically designed to help get the best premium pricing for wholesalers depending on each company’s operations, size, and claims history.

The markets we have access to specifically look to write the wholesale industry class codes which makes our brokerage unique. Using our extensive relationships and knowledge of the market we help strategize ways to help our clients allocate the lowest cost workers’ compensation.

No matter if you’re company has issues with claims or is squeaky clean, we’ll have viable low-cost solutions.

Wholesalers with the following payroll classification codes qualify for The Wholesale Group of New York Workers’ Compensation Safety Group #551:

• 4310 Greeting Card Dealer
• 7390 Beer/ Ale Dealer
• 7999 Hardware Store
• 8018 Wholesale Store/ NOC
• 8021 Meat, Fish or Poultry Wholesale
• 8032 Dry Good/ Clothing/ Shoe
• 8034 Grocery Stores*
• 8047 Drug Store 
• 8048 Fruit & Vegetable*
• 8111 Plumbers Supplies Dealer – Wholesale
• 8751 Route Sales 
• 8044 Furniture Wholesale

*Restrictions Apply
The Wholesale Group is a collection of safety-conscious wholesalers in New York State that receive low cost, fully insured workers’ compensation insurance through the New York State Insurance Fund.

Eligible members for this group include retailers located in New York that have a proven track record of safety.