Warehouse Insurance Coverage Checklist: What Every Warehouse Owner Must Ask
Your warehouse might be fully insured. Or that’s what you think if you insure your warehouse. The truth is, many insurance policies look excellent until a claim or something lands on them. That’s when you see the exclusions, outdated validations and missed clauses that you never noticed. Warehouse insurance is your financial safety net. A net with holes isn’t exactly what you need for your business. The smartest owners don't just buy insurance. They analysed it. They compare and review every part of the insurance policy. Whether it is renewing your plan or getting a policy, this checklist will help you spot what businesses overlook when it comes to insurance. Because a small question might save you from a very expensive situation tomorrow. Do I know what my policy truly covers? You may think, ‘Shouldn’t I know what my policy covers?’, but this is the first trap most businesses fall into. Warehouse owners assume that a standard policy covers everything for their warehouse. ...