Warehousemen Liability

Warehousemen Liability Insurance is a specialized type of insurance coverage designed to protect businesses that store goods or products owned by others. This insurance provides financial protection for warehouse operators in case of damage, loss, or theft of the stored items while they are under their care.

Below are some key points about Warehousemen Liability Insurance:

• Provides protection for warehouse operators in case of loss or damage to goods stored in their facilities.
• Covers liability for third-party bodily injury or property damage that occurs on the warehouse premises.
• Includes protection for legal expenses in case of lawsuits related to warehouse operations.

Underwriting Information Impacting Premium:

• Location of the warehouse, including proximity to risk factors such as flood zones or high-crime areas.
• Size and type of goods stored, as high-value or hazardous materials may increase the risk of potential claims.
• Security measures are in place at the warehouse, such as surveillance systems or security personnel.
• Past loss history and claims experience of the warehouse operator.
• Compliance with safety regulations and industry standards for warehouse operations.

AMG has expertise in evaluating the specific needs of warehouse businesses and finding the right insurance coverage to mitigate risks. We have access to multiple insurance carriers and can help you compare policies and premiums to find the best coverage at a competitive price.