Your inventory doubled. What should you revisit?

A larger order can change the business before it changes the insurance paperwork. Goods may be waiting overseas, travelling between locations, or sitting with a fulfillment partner. Make that picture visible in the review.

Build a stock map before comparing limits.

List each place your goods can be found: your premises, a supplier’s site, a port, a third-party warehouse, or a customer location. For each, record the normal value, peak value, and the time of year that peak occurs. Add goods in transit as a separate part of the map.

This is a working description for the insurance conversation, not a prescribed valuation method. Ask which basis of valuation the actual policy uses and what records support it.

Follow ownership and responsibility.

Bring purchase, shipping, storage, and fulfillment agreements into the review. Ask who owns the goods at each stage and which insurance arrangements are intended to apply. Identify unanswered questions about a partner’s coverage rather than assuming its policy covers your full interest.

• Have you added a warehouse, supplier, route, or fulfillment partner?
• What is the maximum stock value at any one location?
• When are the largest shipments moving?
• Do storage conditions or product characteristics need discussion?
• What would delay replenishment after a loss?

Compare storage and transit together.

Ask your broker how commercial property, cargo, and any stock throughput arrangements relate to this map. Review locations, limits, valuation, exclusions, deductibles, and transitions between policies. The objective is to understand the wording against the movement of your goods.

Recovery is a separate question.

Replacement stock may require manufacturing time, transport, and customer coordination. Put those operational dependencies on the discussion list alongside the inventory values. Do not assume that insuring the goods answers every income or recovery question.

Do you have to wait for renewal?

Bring a material change to your broker’s attention when you know about it. The Hartford identifies new products, equipment, locations, and significant income changes as reasons to revisit insurance. Ask what information and approvals are needed for your particular change.

Related guides

• Stock throughput & cargo
• Property & business interruption
• Consumer brands & e-commerce

Bring the next decision into your insurance review.

More inventory in more places? Tell Cory what changed and when the higher values will be in place.

Request an insurance review

General educational information. Examples are illustrative. Coverage depends on the facts, applicable policy terms, underwriting, and applicable law. Submitting an inquiry does not bind, amend, or cancel coverage.

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