Inquire about cargo or transport insurance if the value of your shipment exceeds the maximum amount your carrier or freight forwarder is responsible for.
If anything were to happen to your shipment while in route, having cargo insurance would guarantee that you would be compensated for the full amount shown on your business invoice. If there is no business invoice, the amount will be based on the current market price. Expenses incurred due to travel will also be covered.
You, as the shipper, must make all appropriate commercial insurance arrangements. The carrier or freight forwarder may emphasize the need of cargo insurance in various situations.
Variables such as shipment amount, cargo type, final destination, and shipping method all affect the cost of insurance.
Measures and Precautions
Goods are vulnerable to damage, loss, or theft during transportation.
Products that are scratched, dented, or ruined by moisture while being sent are considered damaged.
It is on to the sender to make sure the package arrives safely. The carrier will make a note on the transit paperwork if the packing is broken or insufficient when they receive the shipment. If an item sent through air or water arrives at its destination obviously damaged, the carrier will be held solely responsible. A simple notation on the shipping papers is adequate for road freight. Any and all notifications must be made in writing promptly. Any concealed damage to a shipment must be reported to the transport company within three business days for air or sea freight, or seven business days for road freight. Unless further transit would be futile or impossible, damaged items are often given to the consignee.
