Protect Your Cargo
with Cargo Coverage
Cargo coverage is essential for businesses that transport goods. Learn about the two types of coverage and how it can provide financial protection against losses.
Weathering the Storm: Protecting Your Trucks from Extreme Weather
1
Protection
Protects against damage, loss, or theft during shipping
2
Financial security
Provides financial protection for cargo owners.
3
Peace of mind
Allows businesses to focus on other aspects of operations.
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All-Risk Coverage
All-Risk coverage protects against all risks except for a few exclusions. The policy covers damage, loss, or theft during transit, offering peace of mind to cargo owners.
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Named Peril Coverage
Named Peril Coverage is a more specific policy that protects solely based on the perils listed in the policy. This policy is more economical for low-risk cargo while still providing some level of protection.
Cargo Value
The premium depends on the value of the cargo.
Level of Risk
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Coverage options vary based on the level of risk involved.
Transportation Mode
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Different transportation modes require different coverage options.
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The Cost of Cargo Coverage
The cost of the policy varies depending on the type of coverage, the value of the goods, the route, and the transportation mode. It's important to choose a policy that offers adequate coverage while still being financially feasible for the business.
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Named Peril Coverage is a more specific policy that protects solely based on the perils listed in the policy. This policy is more economical for low-risk cargo while still providing some level of protection.