Warehousers Liability Form
Definition of "Warehousers liability form"
Special insurance that covers warehousers liability to customers whose property is damaged by an insured peril while in the custody of an insured warehouser. Policy deductibles may range from $50 to $10,000. Typical exclusions are war risks, money, securities, and spoilage of perishable goods.
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Obligation of the insured to report losses from a covered peril to the insurance company or its representative as soon after its occurrence as possible. ...
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