What to consider before buying Cargo Insurance?


There are certain questions that you need to have in mind before buying cargo insurance to be sure that you are getting the right insurance. In the following sections, we will look at some questions you should better know the answers before purchasing Cargo Insurance.

Does your current carrier cover damages?

It might. It might not. Coverage can vary greatly as you may know carrier liability is very restrictive. If you don’t want to be fully responsible for the cost choose all-risk, full-value cargo insurance– it is the smartest choice. This way your insurance covers 100% of any damage that occurs and pays directly for the physical loss/damage of your item.

What about the rate?

You should make sure that you are getting a good rate, but the cheapest doesn’t mean you will have the better. Perhaps you have to shop around a bit before picking a cargo insurance provider to take your time comparing rates with coverage and service, especially in handling claims.

How about payouts?

If possible, you want your claim remediated as soon as possible. So, you will prefer working with a vendor who offers a fast and easy way to resolve claims.

Who would be responsible for filing the claim?

Adding cargo insurance with a company specialized in that is an affordable way to deal with those problems and get your money back because they will lead this process.

What is the time allowed to report damage to a shipment?

You will find cargo insurance providers only allow a few days for discovery of the damage and filing of the claim. Thus, your aim should be to find a provider that allows up to thirty days at least for reporting damage after the shipment reaches its destination.

Does the insurance provider have enough experience?

You should ideally purchase cargo insurance from someone who has experience insuring different transportation modes and international movement of goods. This way you will have the assurance that insurance providers will be able to offer the correct solution for your needs.


CARGO CARE SERVICES offers cargo insurance for your domestic ( USA) and international shipments. We have experience in ocean, air, and ground transport cargo insurance. We place your risk with the best insurance companies to assist you with the best rates, coverage, and service.


Let us know your needs, it will be a pleasure to assist you!