If you work in the transportation and warehousing industry, then you already know that it is not enough to organize this shipment. You must also protect the goods both before, during, and after shipment. This is where insurance comes in.
These are just some sectors and professions where Transportation and Warehousing Insurance is needed:
Commercial Auto Insurance will protect your transportation business if you have a fleet of vehicles and your drovers get into a road accident.
Example... Your driver, on the way to a job, collides with another vehicle, creating property damage. Commercial Auto will cover the costs of repairs and legal costs where a legal claim is made against you.
General Liability Insurance covers transport and warehousing risks like customer property damage and injury. General Liability helps you qualify for leases and contracts.
Example… A delivery man slips and falls at your warehouse, and they sue you. General Liability insurance cover the costs of their medical bills and the costs of hiring an attorney to defend you.
Workers’ Compensation covers medical costs and wages for employees injured while working, including driving to and from a job. In many states, this insurance cover is mandatory.
Example… An employee slips while unloading a cargo from the truck, leading to a serious leg injury. Workers Comp covers their medical costs and lost wages while they’re out of work.
Business Owners Policy (BOP) combines General Liability and Property insurance at a lower cost. BOP is best for transport and warehousing businesses that want to cover their property and liability.
Example… While transporting perishable goods, traffic delays and hot weather cause them to perish in your truck. BOP covers their replacement and repairs to your truck.
You wanted better protection and cheaper pricing. So did we. We baked that dream into everything we've set out to accomplish in building our award winning platform.
We have one! How much could we have really improved the insurance purchase process? Try us! We ask only the questions you need to answer, nothing more.
We are proud to be part of Aon, the leading global professional services firm providing advice and solutions in Risk, Retirement and Health. With us, you’re in good hands!
A General Liability Insurance coverage should be purchased for a warehouse. This type of coverage covers a wide range of losses and damages, including bodily injuries to third parties, copyright breaches, and the expenses of defending against claims.
Transportation insurance is a policy that protects the insured's belongings while they are being transported from one location to another by whatever means required.
Warehouse Legal Liability insurance essentially cover an insured's legal liability as a warehouseman or bailee for physical loss or damage to the assured's customers' property at defined locations, subject to specified limitations.
This specific form of insurance, often known as "warehousemen's legal liability insurance" or "warehouse operators legal liability insurance," protects against inventory loss or damage caused by facility maintenance difficulties or gross negligence on the part of personnel.
Leave your email so that your quotes will be sent directly to your inbox.
We won't spam you, we hate it too.