Legal Definitions - customers' goods

Definition: Customers' goods are tangible personal property owned by customers and held by a policyholder as a bailee. They can include items of trade or merchandise, things that have value, and goods used for personal, family, or household purposes.

Examples: A dry cleaner holding a customer's clothing for cleaning is holding customers' goods. Similarly, a storage facility holding a customer's furniture is holding customers' goods.

Explanation: Customers' goods are goods that belong to someone else but are in the possession of another person or business. The examples illustrate how a business can hold customers' goods as a bailee, meaning they have a duty to take care of the goods and return them to the customer when requested.