When it comes to top-of-mind concerns for warehouse operators, warehouse legal liability insurance shouldn’t be one of them. What warehouse insurance can provide is peace of mind for a company in the event it needs to defend itself against claims of negligence. Even the most diligent companies could experience an event where they would be judged and held liable for not exercising due care over the goods in their possession.
One of the biggest concerns warehouse operators might have is theft. While there are headline-grabbing heists, many operators could experience a liability claim from internal theft. If an employee was not thoroughly screened, then a company could defend against a liability claim using a warehouse legal liability insurance policy.
If a power outage occurs and a warehouse operator has perishable goods in their possession, the lack of refrigeration could cause significant damage. While the loss of power might seem outside of a warehouse operator’s control, there remains a possibility of being held liable for the loss, particularly if it is found that the operator could have had a backup generator in place.
With cargo coming in and out every day, many warehouse operators might forget to keep a close on facility maintenance. A warehouse legal liability insurance policy could protect against claims arising from a roof collapse or damage caused to goods from insufficient building and facility maintenance.