Insurance for Massachusetts Seafood Distributors and Wholesalers

Industry Specific Solutions for Seafood Businesses 

While Massachusetts’ seafood industry has always been strong, there has been exponential growth in recent years. Effectively managing risk is a critical aspect of running a successful seafood business — from wholesale marketplaces to the distribution operations of processors and canneries. We’ve helped members of the seafood industry stay protected with flexible and affordable business insurance since 1964. To discuss Insurance for Massachusetts seafood distributors and wholesalers, reach out to our Braintree office today and we will be in touch.

Insurance Coverages for Seafood Wholesalers 

Like all other Massachusetts businesses, seafood distribution and wholesale businesses are required to have workers’ compensation coverage. If your operation utilizes fishing vessels, barges, supply boats and other watercraft, you’ll need commercial marine insurance too. Similarly, your fleet of trucks and other ground transportation vehicles are required to have commercial auto insurance. In addition to these, some other coverages to consider are:

  • Spoilage – Your business requires you to keep a large inventory of frozen or refrigerated seafood. If that inventory were to spoil, you need to be able to recoup your financial losses. Spoilage is added as an endorsement to a typical Business Owner’s Policy (BOP). It provides coverage for loss of perishable stock stored at the insured property. Most spoilage endorsements cover losses from breakdown or contamination as well as power outage.
  • Cargo Insurance (Refrigerator Breakdown)-A cargo policy covers losses that occur during transportation of goods. Refrigerator breakdown or reefer coverage can be added to a cargo policy to protect against the spoilage of goods being transported due to a malfunctioning refrigeration unit.
  • Business Personal Property- Typically included as part of a Business Owner’s Policy (BOP), this coverage helps protect your building and equipment from covered perils such as fire and theft. It can also provide for lost income if your business can’t operate because of covered property damage and can be extended to include off premises coverage.
  • Business Income Extra Expense-Also known as Business Interruption, this important coverage protects you when your business is forced to shut down temporarily due to a fire or other covered loss. It helps replace income and other covered expenses like payroll and rent while your property is being repaired.

Your seafood business is your livelihood. Make sure your operation is protected by quality insurance for Massachusetts seafood distributers and wholesalers. Request a quote here on our website.

seafood being displayed by a wholesaler on ice at a market
Commercial Insurance Comparison for Seafood Wholesalers

If you are looking to compare coverages and pricing for commercial insurance for your seafood business, you may be wondering what companies offer this type of coverage. At Cross Insurance, we work with dozens of carriers, from New England based companies to national names, which means more options for our clients. Reach out to our office today to request a quote for your seafood business.

Seared scallops shell with butter, garlic and parsley.
Local Service for the South Shore 

We’re local, with convenient South Shore offices in Marshfield and Braintree. We take a personal approach to your insurance needs. Our team is readily available by phone or email to answer questions you may have. If you experience a loss, our in-house claims department will strive to make the claims process simple and efficient. We have over fifty years of experience serving individuals and families throughout New England.



This article is for general informational purposes only and is not to be relied upon or used for any particular purpose. Cross Insurance shall not be held responsible in any way for, and specifically disclaims any liability arising out of or in any way connected to, reliance on or use of any of the information contained in this article. The information contained or referenced in this article is not intended to constitute and should not be considered legal, insurance, accounting or other professional advice, nor shall it serve as a substitute for the recipient obtaining such advice. The views expressed in this article are that of its author and do not necessarily represent the views of Cross Financial Corp. and its subsidiaries and affiliates (“Cross Insurance”) or Cross Insurance’s management or shareholders.

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