LA Fashion BroadWay

If you are transporting cargo across the country or around the world, there is always a risk that the goods won’t make it to their destination, or may be damaged in transit. You may not have thought about the need for contingent cargo insurance, but it is important to have. If something happens to your cargo, it’s important to know that you can’t always rely on a truckers insurance alone. What if that trucker’s cargo insurance is cancelled, not paid, or denied? They will most likely go out of business. Or what if the insurance limits are just not enough to cover your lost goods? If you are relying solely on the trucker’s insurance to protect you and your assets when you file a claim, then you might not be able to get enough money to cover your loss. This may hurt your relationship with your shipper or customer.

If you are covered with contingent cargo insurance you can be protected from these losses. If you are a transportation broker, importer and exporter, freight forwarder, or a logistics provider then you should consider speaking with someone who specializes in commercial cargo insurance. This insurance is for a broker, not a shipper.

Remember, you can’t always rely on truckers cargo insurance, so it’s important to have contingent cargo insurance as well. It will give you extra protection on your property and your business reputation. It will also improve and protect your relationship with your customers.