Warehouse Keepers Liability Insurance provides protection for businesses responsible for storing goods belonging to third parties. This insurance covers liabilities that may arise if the goods are damaged, destroyed, or lost while in your care. Whether you operate a warehouse, storage facility, or provide logistics services, this policy ensures that your business is financially protected against claims for damage or loss of third-party goods.

Essential Protection for Warehouse Operators

When goods are stored in a warehouse or storage facility, they are vulnerable to risks such as fire, theft, or accidental damage. As a warehouse keeper, you have a duty of care to protect these goods, and failure to do so can lead to costly claims. Warehouse Keepers Liability Insurance provides financial protection against these risks, ensuring that claims for damage or loss are covered, and your business can continue operating without disruption.

Features and Benefits of Warehouse Keepers Liability Insurance

• Third-party goods cover: Protects you against claims made by third parties for damage, destruction, or loss of goods stored in your warehouse.

• Fire and flood damage: Covers the cost of goods damaged or destroyed by fire, flooding, or other natural disasters while in your care.

• Theft and vandalism: Provides cover for theft or vandalism of third-party goods stored in your facility.

• Employee negligence: Covers claims arising from accidental damage or loss caused by your employees while handling or storing goods.

• Legal defense costs: Covers legal expenses incurred in defending claims made by third parties.

• Flexible cover: Tailored to suit your business needs, whether you run a small storage facility or a large distribution centre.

What is Typically Covered?

A standard Warehouse Keepers Liability Insurance policy may include:

• Fire, flood, and natural disasters: Covers goods damaged or destroyed by fire, flooding, storms, or other natural disasters.

• Theft and vandalism: Provides compensation for stolen or vandalised goods while in storage.

• Employee-caused damage: Covers accidental damage or loss caused by your employees during handling or storage.

• Liability for third-party goods: Protects your business from claims made by customers whose goods are damaged or lost in your warehouse.

• Legal fees: Covers the cost of legal defence in the event of a claim being made against you.

Common exclusions may include:

• Intentional acts: Damage or loss caused intentionally by employees or owners is typically excluded.

• Negligence in security: Claims resulting from inadequate security measures, such as failing to secure doors or alarms, may not be covered.

• Natural wear and tear: General deterioration of goods over time or poor packaging by the third party may be excluded from the policy.

Each policy can be tailored to meet the specific needs of your business. Becks insurance brokers will ensure that your Warehouse Keepers Liability Insurance policy provides the right level of protection based on the goods you store and the risks you face.

Protect Your Business with Becks Warehouse Keepers Liability Insurance

Ensure your warehouse or storage facility is protected against potential claims with a tailored Warehouse Keepers Liability Insurance policy. Becks Insurance Brokers provide comprehensive cover to protect your business from financial loss due to damage, theft, or loss of third-party goods. Book an appointment with a broker here or request a personalised quote online here.