Shipping products can remain as a hassle when fragility and time are both important to take note of. While most delivery services can make it through the shift and bring their cargo in one piece, there’s always a chance that an unforeseeable event could mess everything up and potentially add a mark to a company’s reputation regarding its shipping and handling. Thankfully, there is a chance to combat these accidents with Cargo Insurance; while this doesn’t mean that it’s fine to make a mistake during a shipment, using cargo insurance can defend your truckers should they run into any delivery pitfalls. Even with some limitations that will be brought up later in this article, this form of insurance makes for some very helpful backup whenever an incident messes everything up. Let’s go over what Cargo Insurance is capable of:
1. Covers more than carrier liability
While they seem similar at first glance, carrier liability can only do less than half of what Cargo Insurance covers. It’s not fully capable of preventing any damages done towards a trucker’s cargo and is responsible for any bad things done to a package. In comparison, Cargo Insurance covers more without having to pay for any damage or delay put towards the delivery.
2. Contains All Risk Coverage
The more protection added onto any packing, the better; all-risk coverage keeps items safe from poor handling done by reckless employees, infestations that affect said cargo, any rejections due to customs regulations, and even abandonment. Natural perils that could affect the delivery won’t affect shippers whatsoever (unless the driver ends up getting stranded or causes the vehicle containing the package to get burnt)
3. Takes Care of any Causes of Cargo Damage
Shippers don’t have to pay for most of the bad things that ruin their delivery. As previously mentioned, a driver would normally be compromised if they don’t bring in the item in time or if it was damaged along the way. With Cargo Insurance, they don’t have to be fined if anything bad were to happen with the product they’re taking with them.
As perfect as it all sounds, Cargo Insurance isn’t 100% able to take every measure in ensuring that any shipments make it in one piece. It’s unable to cover for any packages lost within the United States, nor is it going to cover the valid claim of a truck driver, regardless of the number of items contained within the trailer. It’s very important for anyone involved with shipping products to look over the rules set by wherever they’re getting their Cargo Insurance from.
Despite these compromises, using Cargo Insurance will help keep a company’s delivery status as consistent as possible. Considering how random a bad thing could be towards cargo in terms of when it could pop up, it’s best to use this form of coverage to keep any item safe at all times. Regardless of which company is involved with sending out truck drivers to transport their cargo, this form of insurance can keep drivers relieved, as they won’t need to be overly worried about any pitfall thrown towards them.