Bailee's Customers Insurance

No, Bailee is not the owner of Customers Insurance Agency. Bailee's customers insurance provides liability coverage to protect the bailee (business owner) in the event of accidental damage or destruction of a bailor's property while under the care of a bailee.

Think business liability insurance. A car repair shop has Bailee's Customers Insurance to cover damage or destruction of a car that is in their shop for repair. If the building burns down, Bailee's Customers Insurance covers the loss for the client (the bailor).