Warehouseman Insurance for Careful Warehousing Companies
Warehouseman legal liability insurance consists of various types of coverage intended to help cover a warehouse storage operation’s business for direct loss or any damage of property. Because of the unique position of warehouse businesses as bailees, they are liable for damages to goods owned by third parties in their facilities, or in their legal custody as determined by the commercial code. These damages take any number of forms including but not limited to: Misplaced goods Fire Stolen property Cargo…