AAIS lines of business
Rate a warehouse operator's liability for goods in its care
Warehouse Legal Liability is not rated on the value of the building or the value of the goods. It is rated on an exposure derived from storage receipts, and the derivation is the product.
What Warehouse Legal Liability covers
A warehouse operator is liable for its customers’ goods when it is at fault, and that liability is not the same as the value of everything in the building. AAIS rates it on an estimated fire liability exposure built from average monthly storage receipts and a liability limitation factor.
That derived figure, not a declared value, is what the rating runs on. SelectRate builds it the way the filing builds it and shows the derivation in the worksheet, which is usually the first thing an underwriter wants to see on this line.
What SelectRate rates on this line
Everything below is rated on the filed AAIS methodology. Where the filing leaves a value to the company, it is a value your program supplies, and the worksheet names it as yours.
Derived exposure
Average monthly storage receipts and the liability limitation factor, combined as filed.
Legal liability treatment
The filed legal liability factor applied to the derived exposure.
Sprinkler protection
A proportional surcharge rather than a yes or no switch.
Limit credits
The filed credit table for the limit written against the exposure.
Special perils
Banded by exposure, as filed.
Services and cold storage
Additive coverages for the services a warehouse actually sells.
Referrals that belong to an underwriter
Some exposures on this line are not rated at all in the filing, and the honest answer is a referral. Adulterated food is the clearest case: it goes to the company rather than receiving a factor nobody filed.
Where SelectRate has had to take a reading on an ambiguous part of the filing, that reading is labelled in the configuration rather than presented as filed content. Anyone reviewing a premium can see which is which.
Start from the standard
Nobody should have to build a Warehouse Legal Liability program from an empty screen. Every organization on SelectRate has a Standard Warehouse Legal Liability: a governed program sitting directly on the published AAIS foundation, ready to inspect and test.
It tells you where you actually stand. Which states are in force. Which are ready to rate now. Which are waiting on a company value, and exactly which value. You run Program Test on it, and when you are ready you create your own program from it.
The Standard Program also carries ready made sample transactions. Open one, rate it, change an input and rate it again. It is the quickest way to understand how Warehouse Legal Liability behaves before you configure anything of your own.
Governed foundation
The published AAIS content for Warehouse Legal Liability, maintained by Selectsys and read only.
Standard Warehouse Legal Liability
One per organization. Inspect the states, see what is ready and what needs a company value, and run Program Test.
Your program
Created from the standard, with your company values, adoption dates and authorized deviations on top.
Configure what makes your program different
Your Warehouse Legal Liability program is the part the filing leaves to the company: the loss cost multiplier where one applies, the selections inside the bounds the filing sets, adoption dates and any deviation your carrier has authorized. The filed content underneath is not yours to change and not yours to maintain.
Configuration happens in Program Studio as a draft, and a draft is tested before it becomes real. Program Test prefills a known good Warehouse Legal Liability scenario, so the first test you run is a real one rather than a form you have to invent. Review lists exactly what a version changes against what is published, state by state, and publication is a decision a person makes.
A published version is immutable. Every quote, policy and worksheet records the version it rated with, so a premium stays reproducible after the program has moved on.
The Workbench adapts to the rating product
Underwriter Workbench does not carry a hand built screen per line. The intake comes from the rating product itself, so Warehouse Legal Liability presents the exposures it is actually written on, with the governed classifications and option lists for the state and the effective date.
Repeating exposures repeat. Referrals surface as referrals rather than as a failed request. And every premium carries its worksheet: each step, the value it used, and where that value came from, which layer and which version. That is the artifact an audit asks for, and it exists whether the rating came from the Workbench or from your own system over the Rating API.
From submission to bound policy
An underwriter enters the risk in Underwriter Workbench, rates it against every program the organization is entitled to, reads the worksheet and binds. The premium is produced by the same engine and the same configuration whether the request came from the Workbench or from your own system over the Rating API.
Rating beyond the quote is a platform capability rather than a per product rebuild, so a line gains it without changing how your integration works. Ask us where Warehouse Legal Liability stands for the program you are planning.
Common questions
What is the rating basis?
An estimated fire liability exposure derived from average monthly storage receipts and a liability limitation factor, not a declared value.
Is adulterated food rated?
No. It refers to the company, which is the filed behavior.
Can the insured report through the term?
Yes. The reporting form is supported.
Rate a warehouse risk on the call
Bring monthly receipts, a limitation factor and a limit, and we will build the exposure in front of you.