Are Your Goods in Storage Protected?

Did you know that when warehouses say they protect your goods, they may only cover a fraction of the value? Just as carriers significantly limit their liability for cargo loss or damage, so do warehouses. However, unlike carriers, there are no state or federal regulations that require any specific warehouse liability limits. Furthermore, you must first prove that the warehouse was negligent in order to collect. If you want peace of mind for your goods in storage, chose not to roll the dice, and instead, insure your goods on an All-Risk basis.

Sample occurrence demonstrating the potential gap in coverage: If there is a major theft in the warehouse, and the thieves defeat all security measures in place and your goods are stolen, the insurance company for the warehouse can deny the claim as the warehouse acted reasonably in providing security alarms, locked doors, and fencing.

WSSA’s All-Risk warehouse insurance program includes broad coverage at very competitive rates.

Contact us for more info!