Shipping freight can sometimes be a bit stressful, so we’ve put together a guide to make sure you can sit back and relax throughout the process. There’s a lot to keep an eye on, but with the right precautions taken before your cargo hits the road, you can plan and ship without giving it a second thought. At GoShip.com, we want you to know that taking these precautions will allow you to feel confident that your cargo will be safe and sound no matter what.
Freight insurance, also known as cargo insurance, protects the owner or consigner of goods for possible physical loss or damage from outside causes during shipping. The insurer is responsible for reimbursing the policyholder for the value of the goods if they happen to get damaged or perish while in the hands of the shipper. It is usually available from the shipping company itself, or it may be purchased from a third-party insurer as well.
There are a variety of coverages available for your freight. It is important to become familiar with the different options before purchasing a policy. However, be aware that coverage is not catch-all, so consider what you’re shipping and how it will be traveling. Below are some different options:
Freight insurance policies are put in place to protect your freight against loss and damage. No matter the how your freight is traveling, you can find a policy with the appropriate coverage for what damages or losses the journey may bear. This insurance will protect your goods from all the way to the final destination, and there are many types of coverage available to make sure that you have the best protection for your freight!