If
you're moving goods to or from Michigan, it's advisable to ensure there is
adequate insurance cover. This safeguards against the risk that goods may be
lost, damaged or delayed because you can claim compensation if there's any
resulting financial loss to your business. A typical cargo insurance Macomb Mi policy covers goods in transit via road,
rail, sea or air. In its simplest form it provides cover against accidental
damage and other risks. The other extreme is a comprehensive all-risk policy,
covering a range of specified accidents - including damage during loading,
theft and negligence. The cost of
your insurance and in which circumstances you'll receive compensation will
depend on: the value of the goods in transit, the expiry date of the insurance
policy and whether the journey is domestic or international.
Without
cargo insurance Macomb Mi you have
only the minimum protection for your goods because freight forwarders and
carriers typically have limited liability in the event of loss, or damage or delay.
This comes from internationally ratified conventions - see your bill of lading
or sea waybill for details - and the standard trading conditions of transport
associations. Many events can occur during transit that could lose you money if
you're uninsured. For example, your haulier may be involved in an accident
whereby your goods are destroyed, or your goods might be stolen. The result can
be loss of profits, productivity and buyer goodwill. You can minimize the
impact of such incidents on your business by being properly insured.
Cargo
insurance provides protection
against all risks of during shipping, whether by land, sea or air. Cargo
Insurance can be any of the following: general cargo, stock through-put,
project cargo, manufactured goods, commodities, heavy-lift, valuable,
hazardous, and perishable cargo Not limited to the restrictions of a carrier’s
cargo contract. Protection of your
cash flow. Peace of mind that every
shipment you have is insured. You
are insured for the full value, including any profits if necessary. Coverage is placed on the right
conditions, with terms that you have negotiated. Your interest is insured while you are financially at risk. Local and professional claims service
means prompt and efficient claims handling.
Minimal paperwork and simplified reporting. You can count on Global One
Trucking Insurance for cargo insurance Macomb Mi.
