Protecting Your Clients with Transit Insurance Programs
When your client is responsible for the safe shipping of cargo belonging to a business or individual, unexpected issues can happen where those goods may be damaged or go unaccounted for. Transit coverage, available through transit insurance programs, will protect shipping companies from claims stating that they are liable for any issues that involve goods belonging to customers.
Transit insurance covers all inland and marine transit of goods. Your client cannot be with items during transit at all times, but having insurance will give some much-needed security that those items will arrive safely at their destination or be duly compensated. If any harm does happen to those goods, it will not result in the business suffering a large loss. Transit insurance is a necessity for any business that depends on shipping products and other merchandise. The kinds of plans available can vary depending on the value of the cargo and the distance the shipment must travel.
Protection when your client needs it the most
You have clients in the transportation industry that are responsible for providing storage services for the property of others. During those times when someone’s products are being moved or stored, they’ll need to be protected, especially if your client is responsible for moving or storing expensive items, such as computer equipment, electronics, or office furniture, ensuring this cargo is the only way to have protection against possible loss, theft, or damage.
There are a variety of types of property in transit insurance coverage policies, each meant to cover a different type of transportation method or item to be stored or transported. Go over each type of insurance coverage to help your client decide which is best for them.
One type of property in transit insurance coverage is transportation coverage, which will protect that property being transported, either by motor, air or rail. Transit insurance programs offer coverage that typically includes a policy for the property while it is being transported, if it is temporarily in storage before, during, or after the move, and during loading and unloading. You may also find that most transportation coverage includes other risks of transporting belongings or property, such as the removal of pollutants or debris, or moving to a temporary location and the risks involved.