Store Smart - Keep Stock Safe
Property insurance built for warehouses, godowns and ICDs – protect your goods, rakes and racks from fire, theft, water damage and business interruption.
Warehouse Worries? Secured.
- Warehouse-to-warehouse risk planning and tailored ICD wordings.
- Coverage for stock, building, racking, and equipment with flexible sum-insured options.
- Rapid survey assistance, customs-friendly docs, and quick claim intake for logistics players.
Warehouses/ICD Property Insurance
Trusted By 1500+ Enterprises
From Startups to Stalwarts, India’s Finest Choose CoverBizz
What is Warehouses / ICD Property Insurance
Dry Ports, Godowns, and Insured Goods – All Covered
Warehouse/ICD property insurance protects goods, the warehouse structure, and on-site equipment against perils such as fire, theft, floods and accidental damage. ICDs (Inland Container Depots) are dry ports handling container storage and customs clearance – their insurance needs often combine property, stock and liability elements.
Why Is This Policy Vital?
Because stock sitting still is not risk-free
Warehouses hold months of working capital – a single incident can strain liquidity. (Think FMCG pallets or electronics worth crores.)
ICDs and multi-modal storage create multi-leg risk exposures; single-policy warehouse wording helps close coverage gaps.
Many buyers/suppliers require proof of warehouse cover in supply-chain contracts – it’s commercial hygiene.
Who Needs This Insurance?
3PL & Logistics Providers
Protect client stock and warehouses.
FMCG / Retail Storage
Palletised goods and fast-moving inventories.
Importers / Exporters using ICDs
Container storage & customs-hold risk.
Manufacturers with storage yards
Raw materials and WIP protection.
Cold-chain / Agri warehouses
Perishable stock needs tailored wording.
Types / Add-ons Commonly Offered
Stock on Premises
(scheduled / first-loss)
Warehouse-to-Warehouse
(warehouse + transit continuity)
Business Interruption
(loss of gross profit due to insured peril)
Burglary & Theft extension
Racking & Equipment cover
(shelving, forklifts)
Cold-chain / Refrigeration failure extension
Coverage - What This Policy Pays For
Fire & Explosion
Flood & Water Damage
Theft & Burglary
Storm / Cyclone Damage
Damage to Racking & Infrastructure
Damage in Transit (if warehouse-to-warehouse included)
Business Interruption / Loss of Profits (if selected)
Accidental Damage during Handling / Loading
Inclusions & Exclusions
Inclusions
Fire, Lightning & Explosion
Direct physical loss to building and stock.
Flood & Natural Perils
Flood, cyclone, earthquake per policy wording.
Theft & Burglary
Forcible entry losses when declared.
Warehouse-to-Warehouse / Transit (optional)
Continuous cover across legs
Racking & Plant
On-site equipment and storage infrastructure.
Exclusions
Wear & Tear / Gradual Deterioration of stock or racking.
Poor Packing or Inadequate Storage Practices (unless agreed).
War, Nuclear & Sanctions-related Events.
Delay, Depreciation or Market Loss
Not covered unless BI is arranged.
Unreported / Undeclared Stock items.
Insurance Partners
We partner with leading Indian insurers and logistics-focused underwriters.
FAQ's
Warehouse covers storage on premises; warehouse-to-warehouse (marine wording) extends cover across transit legs between warehouses - useful for ICDs and multimodal moves.
Often yes - racking and mechanical handling equipment can be included as a declared item or extension. Check policy schedule.
Options include scheduled sums or first-loss % based on turnover - brokers usually recommend first-loss for high-turn inventories.
BI (business interruption) covers insured gross profit reduction and continuing costs subject to indemnity period and policy wording. Confirm limits and waiting periods.
ICDs may need combined stock, plant and liability wording because they also handle customs and container storage - discuss specifics with underwriters.
Inventory lists, invoices, surveyor reports, photos, police FIR (if theft), and customs documents for ICD-stored cargo - complete docs speed settlement.
Customers Says..
Mr. S. Rao Ops Head
Ms. Kavita Balan ICD Manager
