Cargo Insurance

What is covered by Cargo Insurance?

Cargo insurance offers financial support for the items or products you ship to customers. Support will be provided whether the items are in transit or held in storage at a freight providers location. Coverage is provided for damage or loss resulting from a fire, flood, theft, vandalism, piracy, customs rejections, and vehicle-related accidents to name a few examples. 

What is not covered by Cargo Insurance?

Our team will provide you with every detail surrounding your cargo insurance policy. You will know exactly what is covered and what is excluded. 

Damage resulting from poor packaging, damage because of a defective product and extremely fragile materials are generally excluded from most cargo insurance policies. If you ship products that are inadequately packaged, your claim may be rejected, and the same is true if you ship a product that is defective or does not function as it should. Certain policies will not provide coverage to ship hazardous materials, chemicals, or items that are very fragile or valuable. 

Finally, some policies do not offer coverage for products shipped on some modes of transportation.

Is Cargo Insurance Right for You?

Leibel Insurance will provide you with detailed information regarding cargo insurance. This kind of insurance is necessary for any business that transports goods to any destination by any method. We can put your mind at ease! The policy we provide will protect your goods once they leave your possession, which will eliminate stress. Our cargo insurance policy will also protect your valuable relationships with your customers and suppliers. 

You work hard to maintain a successful operation – let us help you protect your cargo and reputation!

The Cost of Cargo Insurance

This aspect will vary from one business to another. We will consider several factors, including the type of business you have, the type of products you ship, the location of your business and your annual and projected revenue. The industry you’re in, your years of experience and how often you ship your products will also be considered when pricing your policy. 

Cargo insurance covers products shipped by land, air, or sea and temporarily stored by a third party, including a courier or freight company. Leibel Insurance can answer all your freight insurance questions and is ready to meet your needs. Contact us today for the best shipping insurance policy!