International shipping involves a long and complex journey for your goods. From the factory to the warehouse, your cargo will be handled by numerous parties and transported across vast distances. While carriers take precautions to ensure the safety of your goods, the reality is that accidents can and do happen. This is where cargo insurance comes in.
What is Cargo Insurance?
Cargo insurance is a type of insurance that protects your goods against loss or damage during transit. It can cover your cargo whether it is being shipped by land, sea, or air. While carriers are required to carry a minimum amount of insurance, this is often not enough to cover the full value of your goods. Cargo insurance provides the additional protection you need to ensure that you are fully compensated in the event of a loss.
"Cargo insurance is a small price to pay for peace of mind."
What Does Cargo Insurance Cover?
Cargo insurance can be tailored to meet your specific needs, but it typically covers loss or damage due to:
- Theft
- Accidents
- Natural disasters
- Improper handling
Why is Cargo Insurance So Important?
Without cargo insurance, you could be left with a significant financial loss if your goods are lost or damaged in transit. In addition to the cost of the goods themselves, you could also be responsible for the costs of salvage, cleanup, and disposal. Cargo insurance can protect you from these and other unexpected costs.
At Dunrite Global Enterprises, we strongly recommend that all our clients obtain cargo insurance for their shipments. We can help you find the right policy to meet your needs and ensure that your goods are protected from the moment they leave the factory until they arrive at their final destination.