What is Cargo Insurance? Few Basics Things You Need to Know

What is Cargo Insurance? Few Basics Things You Need to Know

You want your cargo to be as much insured as possible. You don’t want to end up receiving your goods damaged and not being able to get the money in an amount that would actually cover the occurred damages. Every carrier has carrier liability coverage. Yet, carrier liability coverage is very limited. Typically, it is Read more about What is Cargo Insurance? Few Basics Things You Need to Know[…]

Cargo

What are the Basics of Cargo Insurance? [All Coverage Discussed]

Freight carriers have the legal obligation to cover basic insurance, the so-called “carrier liability.” This insurance is limited and covers only 10 cents per pound of your shipment and only under particular circumstances like natural disasters or vehicle accidents. Therefore, carrier liability doesn’t cover the full value of your load.  Adequate insurance is critical since Read more about What are the Basics of Cargo Insurance? [All Coverage Discussed][…]