Inland Marine Insurance
What is a bailee's customer coverage?
It protects businesses that temporarily hold customers' property, like dry cleaners or repair shops, covering losses to those items.
Dig deeper
A bailee’s customer coverage protects businesses that temporarily hold customers’ goods, such as dry cleaners or repair shops, from risks like fire, theft, or damage to the goods while in their care.
Real World Example
A dry cleaner adds bailee’s customer coverage to protect against potential damage to customers’ clothing in their care.
Expert Considerations
Ask about coverage for electronic equipment and data if your business relies on these assets for mobile or offsite operations.
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