Cargo transition is a challenging task and finding the right cargo insurance for it is not that simple. Generally, insurance providers offer coverage based on the weight of the goods and not on the actual value of your cargo. This can be a cause of stress while you transit household goods. Expensive crystal glass items, even though weigh less, are often very expensive.
Cargoinsurance.com has done the research and will connect you with cargo insurance companies that offer complete replacement value. These specialized insurance will offer more protection than regular Contingent Coverage. A Primary Insurance Coverage is exactly what is required to insure items for its true value.
Most Insurance companies that offer Contingent Coverage don’t pay much for damages to goods transited by land, pay limited amount of coverage for sea shipments, and items transported by air are insured by kilograms. At the end of the day, the policy holder might not be getting back the true value of the goods shipped. Obviously, a higher coverage can be chosen, but even paying for more coverage doesn’t guarantee compensation for the loss of the priciest items.
The Primary Insurance Coverage compensates for the actual value of the lost goods. This type of insurance covers almost all items traveling by land, air or sea, whichever destination they are traveling to or coming from, and even if they are regarded as high risk. The Primary Insurance coverage even overrides the carrier’s responsibility regardless of the terms and conditions.
Generally, Primary Cargo Insurance can be obtained through direct dealing with top rated insurance companies. These insurance companies have been rated by the insurance experts for their financial integrity, the way they meet their obligations and make payment for the claims. These insurance providers have underwriters specialized in dealing with cargo and the risk involved in cargo shipment even in case of total loss due to war or strikes.
The holders of the Primary Cargo Insurance can afford to relax as the insurance provider is able to repay for any amount of claim.
Request our online cargo insurance quote to get coverage for the true value of your cargo.
Tags: cargo insurance coverage, primary insurance coverage expensive items cargo insurance
