Storage Cabinets — Expert Answer

Do insurance policies have requirements for storage cabinet security?

Some business insurance policies and riders specify minimum security requirements for stored valuables, controlled substances, or sensitive materials. Check your specific policy: riders for valuable equipment, pharmaceutical coverage, or records management may specify lock types, cabinet construction, or room security requirements. Failure to meet specified security requirements can void coverage for theft claims. If you're purchasing storage cabinets to meet an insurance requirement, request documentation of the lock type and construction from the manufacturer for your insurance records. Consult your broker before purchasing if insurance compliance is a driver. FindOfficeFurniture.com - 888-719-4960.
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