Will warehouse and logistics insurance cover items beyond those in your business’s storage space? It’s a question that is often posed to our Burlingame, CA insurance professionals.

In particular, business owners and managers tend to be worried about coverage when trucking accidents occur. Here’s the answer from Commercial One Insurance Service.

Truck Accidents and Insurance

Warehouse and logistics insurance is unlikely to cover accidents involving trucks. In general, this type of insurance is not applicable to cargo that is lost or damaged when in transport on the highway. Instead, commercial truck insurance, cargo insurance and general auto insurance are likely to apply.

Are There any Exceptions?

Indeed, there is the potential for exceptions. As an example, if it can be proven the trucking accident and subsequent loss of cargo was caused by warehouse employees’ negligence, warehouse and logistics insurance might apply.  

For example, if items were loaded in a negligent way, meaning a way that lacks sufficient care, the insurance might apply. Even improper securing or stacking might create an opportunity for the insurance to apply.

Find the Appropriate Insurance Policy

In the end, the insurance policy that applies is partially determined by your company’s role in the supply chain. Moreover, the bill of loading’s information also plays a role in helping to clarify the specific policy that is applicable.

It is also worth noting certain business insurance policies are worth considering for companies spanning all industries.  As an example, in addition to warehouse and logistics insurance, commercial umbrella insurance provides additional coverage for businesses where other policies might fall short.

Commercial One Insurance Service is on Your Side

Dial 650-652-9988 today to learn more about insuring your trucks, inventory, warehouse and other business essentials. We serve the entirety of the Burlingame, CA area and beyond