Cargo Insurance Tips
Making sure that your cargo is properly insured and covered is extremely important. If you are struggling with determining insuring your cargo then consider the below factors and work with our dedicated cargo insurance agent.
What Could Happen?
Cargo insurance reduces shippers’ exposure to financial loss. Yet, so many shippers choose to risk importing and exporting goods without getting cargo insurance. Below are some reasons shippers should get cargo insurance.
What Could Happen?
Cargo insurance reduces shippers’ exposure to financial loss. Yet, so many shippers choose to risk importing and exporting goods without getting cargo insurance. Below are some reasons shippers should get cargo insurance.
Benefits of Cargo Insurance
Now that we’ve explored what cargo insurance is; hopefully, you realize its importance when shipping goods. If not, think of the consequences of not having cargo insurance. What would happen to your company if an entire shipment were lost? How would that affect your bottom line? What if your shipment is being transported via container vessel and the ship sinks? Or, heaven forbid, a truck gets in an accident with your very important freight? Accidents happen; therefore, your company is responsible for a share of the losses and need to request cargo insurance to protect your business when errors occur.
Our knowledgeable network of insurance carriers have the expertise to determine and arrange the optimal insurance plan for your shipment and work closely with underwriters to provide international and domestic cargo and freight insurance rates that cover a range of options. Cargo insurance covers transits carried out in water, air, road, rail, registered post parcel and courier. If you want help on how to know if cargo insurance is for you, reach out to us today and we’ll help you decide!