Cold Storage Insurance
Cold storage insurance in Australia is specifically designed to protect temperature-controlled facilities and their contents. It ensures your refrigeration systems, stored goods, and operations are covered against equipment breakdown, power failure, and stock deterioration, while protecting your revenue from business interruption.
Essential Cold Storage Coverage Points:
Temperature Control System Breakdown
Our cold storage insurance covers the mechanical and electrical breakdown of refrigeration systems. This includes repair costs, business interruption, and stock loss due to temperature fluctuations. We understand that even minor system failures can lead to significant losses in temperature-controlled environments.
Stock Deterioration Protection
Your stored goods are protected against deterioration or spoilage resulting from temperature changes, power failures, or equipment breakdown. Our cold storage insurance in Australia covers the full value of your temperature-sensitive stock, from pharmaceuticals to fresh produce, ensuring your business is protected against substantial losses.
Business Interruption Coverage
We understand that system failures in cold storage facilities can lead to significant downtime. Our coverage includes business interruption protection, compensating for lost income and ongoing expenses while your facility is inoperable, helping maintain your business’s financial stability.
Your protection -
Our priority
Don't let the complexity of insurance get in the way of your peace of mind. Simply fill out the form and one of our expert insurance brokers will contact you to help you find the coverage you need.
Lastes News: See what's been going on:
Business Interruption Insurance Recover, Rebuild, Rise: The Power of Business Interruption Insurance
Tina Cuffe is a dedicated broker, with more than 26 years’ experience in the insurance industry, and a reputation for delivering exceptional service to her clients.
What is cold storage insurance and why is it important?
Cold storage insurance is a specialised form of coverage designed specifically for businesses operating temperature-controlled facilities. It’s crucial because standard business insurance often doesn’t adequately cover the unique risks associated with cold storage, such as system breakdowns, power failures, and subsequent stock deterioration which can result in substantial financial losses.
What events does cold storage insurance typically cover?
Cold storage insurance covers mechanical breakdowns, power outages, equipment failure, and subsequent stock deterioration. We also include coverage for business interruption and third-party liability specific to cold storage operations.
How quickly can claims be processed for stock deterioration?
We understand the time-sensitive nature of cold storage claims. Our dedicated claims team processes stock deterioration claims as a priority, typically initiating the assessment within 24 hours of notification.
Does the coverage extend to transportation between cold storage facilities?
Yes, we can extend your cold storage insurance to cover temperature-controlled goods during transport between facilities. This ensures continuous protection throughout your cold chain operations.
Let us lead you to victory.
Why work with Knightsbridge Insurance Group?
Knightsbridge Insurance Group is an Insurance Broking Business with over 70 years of collective insurance experience and is founded on generational values that make you feel secure, protected and cared for. As we grow and expand the Knightsbridge Family, we continue to have a deep understanding of your desire to innovate and be extraordinary — both in business and in life.
We Give to Earn
Evolution is a Process — not a One-Off
Great Minds, Think Differently (not Alike)
Connection Matters
The most important thing in communication is hearing what isn’t said.
Peter Drucker