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Question of the Month

Warehouseman's legal liability is a specialized coverage in that most insurers that write such coverage use their own individualized policies that reflect the particular insurer's underwriting philosophy and coverage guidelines. This may help explain why warehouseman's legal liability coverage is not easily understood by insureds. Insured warehousemen certainly know that they are liable for the care of the property of others that they have contracted to receive and store. However, how can this duty of care be insured? What causes of loss can be covered under an insurance policy? What type of property cannot be covered under an insurance policy? And, what exclusions would prevent coverage in case of a loss.

For the answers to these questions and for information on the legal basis of warehouseman legal liability, see “Warehouseman's Legal Liability Coverage”, Casualty & Surety, Public Liability section, and see “Warehouse Operators Legal Liability Coverage”, Casualty & Surety, Public Liability section. The articles are on the Public Liability C.1 and C.2 pages respectively.