NAICS UNIVERSITY · Free research for insurance agents
Toy and Hobby Goods and Supplies Merchant Wholesalers
NAICS 423920 · United States · 2022 edition
This industry comprises establishments primarily engaged in the merchant wholesale distribution of games, toys, fireworks, playing cards, hobby goods and supplies, and/or related goods.
Start the review with products liability.
For Toy and Hobby Goods and Supplies Merchant Wholesalers, the saved research highlights products liability, fireworks hazard, warehouse property. Confirm how these arise in the actual operation, what controls are used and whether additional services change the proposed coverage.
Questions to ask
- Does the operation distribute fireworks — consumer, display, or both — and if so, what percentage of revenue do fireworks represent?
- What proportion of goods are imported, and what product safety documentation (CPSC, ASTM) is maintained from manufacturers?
- Has the insured experienced any product recalls, regulatory actions, or significant product liability claims in recent years?
- What is the total insured value of warehouse inventory at peak periods, and are there any sprinkler or fire suppression systems in place?
- Are there contractual indemnification or additional insured requirements from major retail customers or suppliers?
- For Toy and Hobby Goods and Supplies Merchant Wholesalers, what should the underwriter know about any fireworks distribution?
- For Toy and Hobby Goods and Supplies Merchant Wholesalers, what should the underwriter know about high proportion of imported goods from manufacturers with limited or no product safety documentation (cpsc compliance, astm testing records)?
- For Toy and Hobby Goods and Supplies Merchant Wholesalers, what should the underwriter know about prior product liability claims, product recalls, or regulatory actions?
Activities described by this code
Other activities to examine
Census classification reference
For educational purposes only. AI-generated insurance research and automated logic can contain errors. Independently verify classification and coverage decisions.
Compare another operationInsurance operations research — draft
These establishments purchase games, toys, fireworks, playing cards, hobby goods, and related supplies from manufacturers and resell them to retailers, specialty stores, or other downstream distributors. Day-to-day operations typically involve warehouse receiving, inventory storage, order fulfillment, and outbound shipping — with little or no retail customer interaction. Fireworks distributors often operate under state and federal licensing requirements with specialized storage mandates.
Questions to investigate
- Does the operation distribute fireworks — consumer, display, or both — and if so, what percentage of revenue do fireworks represent?
- What proportion of goods are imported, and what product safety documentation (CPSC, ASTM) is maintained from manufacturers?
- Has the insured experienced any product recalls, regulatory actions, or significant product liability claims in recent years?
- What is the total insured value of warehouse inventory at peak periods, and are there any sprinkler or fire suppression systems in place?
This insurance research was generated in April 2026. It has not received a complete human review. The October 12, 2026 audit checked codes and titles only, not descriptions or coverage assertions.