Bailee & Property of Others Policy Feature Checklist
What to confirm in a bailee & property of others policy — what's standard, what's often limited, and what to add if needed — plus the gap most often missed.
Pull out your current bailee or customer-goods coverage and check the box next to each feature you can confirm it includes — anything unchecked is worth a quick conversation with your advisor.
Tick each feature you can confirm your policy includes — anything left unticked is a good question for your next policy review.
| Confirm? | Policy feature | What to confirm | Priority |
|---|---|---|---|
| Bailee Customers Coverage | Covers customers' goods in your care — standard property only extends a small amount. | Standard | |
| Legal Liability vs. Regardless of Fault | Confirm whether the policy pays only when you're legally liable or pays customers regardless of fault. | Often limited | |
| Limits by Location & in Transit | Confirm limits fit peak values at each location and while goods are in vehicles. | Standard | |
| Goods at Subcontractors | Covers customer items sent to another shop — often excluded unless scheduled. | Often limited | |
| Mysterious Disappearance | Covers items that go missing without clear evidence of theft — often excluded. | Often limited | |
| Flood for Below-Grade Storage | Excluded from standard forms — needed if goods are stored in basements. | If needed | |
| Warehouse Legal Liability | Warehouses and 3PLs storing others' goods need their own coverage — see the CWCO-SUP-WLL checklist. | If needed |
The gap most often missed in this coverage
The most commonly missed gap in this coverage is relying on the property policy. Standard property forms cover customers' goods only through a small extension, and whether a loss is paid can depend on the bailee's receipts and legal liability. Businesses should carry dedicated bailee coverage, confirm how it pays, and set limits for peak season, transit, and goods at subcontractors.
Send us the checklist and we'll review your bailee & property of others coverage line by line, then market it across multiple carriers that compete for your account.
Related: Bailee’s Insurance · Bailee & Property of Others Supplemental (apply) · All coverage checklists
Frequently asked questions
What should a bailee & property of others policy include?
Standard features to confirm in a bailee & property of others policy include Bailee Customers Coverage, Limits by Location & in Transit. This checklist also flags the features that are often limited or sublimited and the ones to add if needed, with a plain-English note on each.
Is this checklist insurance advice?
No. It is a free educational tool to help you have a more informed conversation with a licensed professional. It affords no coverage and is not insurance, legal, or financial advice — only your actual policy language governs what is and isn't covered.
Can Cory Washington & Co. review my bailee & property of others coverage?
Yes. Share your checklist and we'll review your program line by line, market your account across multiple carriers, and explain the trade-offs in plain English. Cory Washington & Co. LLC is licensed in all 50 states.
This checklist is a free educational tool from Cory Washington & Co. to help you review your own coverage and have a more informed conversation with a licensed insurance professional. It is general information only — not insurance, legal, or financial advice, and not a recommendation to buy, change, or cancel any policy. Coverage terms, availability, limits, and requirements vary by policy, carrier, and state, and only the language in your actual policy governs what is and isn’t covered. Checking or leaving blank any item above does not indicate that you are adequately insured or under-insured. Using this checklist does not create a client, agency, or fiduciary relationship. Always consult a licensed professional about your specific situation.