Freight containers. Heavy equipment. Large trucks. Workers coming and going without your knowledge. As a warehouse owner, you face more risks than most any other type of business owners, which is why it is so important that you have warehouse legal liability insurance to protect you.
Other business owners count on you to store their goods until they can sell them. If a load goes missing or is damaged while on your property or even while it is in transit from your property to another, you are liable. Paying out of pocket for a single load could put you in the hole. Don’t let that happen, and make sure that you’re covered for such an occurrence with a strong liability policy.
If a warehouse worker gets injured while operative a forklift, or if an employee falls from a great height, you may be responsible for their medical bills, lost wages and possibly any pain and suffering they experience as a result. You will also be forced to pay for legal fees—both yours and the injured employees—on top of everything else. Warehouse legal liability coverage can cover the cost of legal fees and help pay for any settlements awarded to the other party.
If you own a warehouse, don’t take a chance that everything will go smoothly all the time and protect yourself for when things do go awry.