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What You Need To Know About Propane Dealer Insurance

For people who distribute propane, specialty insurance is the best way to go. Here are some facts about propane dealer insurance that can help you decide if this is the policy that you need.

Who Is Covered

This policy is primarily designed for companies that distribute propane to homes, farms, and other establishments. It is also used by a lot of wholesale distributors of propane. Aside from these standard types, you may also be eligible for this coverage if you sell HVAC systems, appliances, bulk oil, gasoline, and other types of fuel.

What Is Covered

Using a specialized type of insurance is great because it offers you a one-stop coverage plan. You can choose what to include in your policy, with options including general liability, property insurance, excess coverage, commercial auto, workers’ compensation, and more.

Ways To Reduce Risk

If you’re looking to lower the cost of this insurance, you can take steps to reduce your risk. This includes background checking your employees, using driver-assisted technology, purchasing cybersecurity technology, properly training your employees, and maintaining your equipment.

If you are a propane distributor or a similar fuel, you should look into this type of policy. It can serve as a one-stop coverage plan and give you additional benefits that reduce your company’s risk.