What is Specialty Warehousing and Storage Insurance?

Specialty warehousing and storage insurance is a type of insurance that provides coverage for property that is stored in a facility that is not a traditional warehouse. This type of insurance is needed because the property that is stored in these facilities is often not covered by standard property insurance policies. The benefits of specialty warehousing and storage insurance include coverage for property that is damaged or lost, coverage for property that is stolen, and coverage for property that is damaged by fire or other perils.

The cost of specialty warehousing and storage insurance varies depending on the size of the facility and the amount of coverage that is desired. The cost of this type of insurance is usually a small percentage of the value of the property that is being stored.

Specialty warehousing and storage insurance is important because it provides coverage for property that is not typically covered by standard property insurance policies. This type of insurance can help businesses protect their property while it is being stored in a facility that is not a traditional warehouse.