Zeb Holt CIC, CLCS

Here are some items to pay particular attention to when deciding which Warehouse Legal Liability policy to purchase:

Definition of Covered Property – Does the definition include “Bailee” wording?

•The definition of covered property should read similar to, “All goods in the care, custody, and control for which the warehouse is liable while acting as a warehouseman or bailee.” Unless you have coverage while acting as a bailee, operations such as cross docking or goods stored without a war… Continue

Wouldn’t it be nice if getting the coverage you wanted in a Warehouse Legal Liability policy was as easy as going through the Drive-Thu? Most warehouse operators would like to think it could be so simple. So why isn’t it as easy as choosing your favorite meal and knowing exactly (hopefully) what you will get each and every time you visit the restaurant?

First and foremost, unlike some insurance policy forms, Warehouse Legal Liability policies are “uncontrolled” by the insurance industry and gov… Continue

Over the past few years in traveling all across the United States, I have noticed a common theme in a number of 3PL’s executive offices: A dartboard. Normally, there are not too many items that I come across in an office that raise a red flag, but as the discussion begins of how the company chooses it’s Warehouse Legal Liability Insurance limits by using the “dart board” method, sirens in my head start going off. Often times a company with a $1 Million limit chose this limit potentially because… Continue