Experience absolute peace of mind with our additional freight insurance. Rest assured, we have your back – in every sense of the word.
What is Freight Insurance?
Freight insurance, also known as cargo insurance, goes beyond the coverage provided by the default carrier policy. While standard carrier policies typically offer limited protection with fixed or variable amounts based on weight, freight insurance offers comprehensive coverage tailored to the specific value of your cargo. By obtaining an independent freight insurance policy, you can ensure that your shipment is fully protected and alleviate the need to establish liability in the event of damage. This is particularly valuable when dealing with high-value shipments, as insurance provides reassurance and peace of mind. Additionally, any claims arising from potential damages are handled directly between the insurance company and the consignee, streamlining the process.
Why Choose Us?
1- Instant Shipping Quotes
2- Receive Freight Shipping Quotes for the U.S. & Canada.
3- Great discounts on LTL, truckload, rail, air, and more
4- Automated tracking, paperwork & invoices
5- Efficient management of quotes & shipments
6- Over 10 years of logistics expertise at your service!
Understanding Carrier Liability
Carrier liability refers to the legal responsibility of a shipping carrier to compensate a customer for any loss or damage that occurs to their goods while in transit. The carrier is obligated to ensure that the goods reach their intended destination in the same condition as when they were picked up. This obligation can be established through a contractual agreement between the carrier and the shipper or by adhering to relevant laws and regulations.
The significance of carrier liability lies in its role in safeguarding customers against potential losses, damages, or theft that may happen during the transportation of their goods. In the event of any issues, the carrier is accountable for compensating the customer either by reimbursing the value of the goods or covering the costs of repair or replacement. This provision helps protect customers from suffering financial losses if any mishaps occur during shipping.
However, it is important to note that carrier liability has certain limitations and may not cover all types of losses or damages. For instance, there might be a monetary cap per pound on the carrier’s liability, meaning that if the value of the goods exceeds this limit, the customer may only be entitled to a partial reimbursement. Moreover, carrier liability may exclude specific types of damage, such as those resulting from natural disasters or acts of war.
To address these potential gaps in coverage, customers have the option to purchase extra shipment protection, which is an additional insurance policy. This supplemental coverage extends beyond the scope of carrier liability, providing protection against a wider range of risks, including theft, breakage, or damage caused by adverse weather conditions. Furthermore, extra shipment protection can cover the full value of the goods being shipped, without being limited by the carrier’s liability threshold. This is why additional shipment protection is crucial in addition to carrier liability protection.
By opting for extra shipment protection, customers gain an added layer of assurance and coverage against unforeseen circumstances that may arise during the shipping process. While carrier liability offers an important level of protection, it may not offer comprehensive coverage for all potential risks. Therefore, extra shipment protection helps bridge those gaps and provides customers with enhanced peace of mind.
About Freight Insurance Coverage
Freight insurance coverage is an essential consideration when shipping goods to protect against potential loss or damage during transit. It is advisable to engage with a freight agent to discuss the details of your shipment and determine the appropriate level of insurance coverage required. By collaborating with a freight agent, you can receive expert advice on the insurability of your specific items and make informed decisions regarding coverage.
During the conversation with your freight agent, they will provide recommendations based on A.A Logistics’ insurance partners’ offerings. This ensures that you have a comprehensive understanding of what can be insured under the available policies. It is crucial to be aware that not all items may be eligible for insurance coverage, as certain goods may fall outside the scope of coverage due to their nature, value, or other factors.
When booking an LTL shipment online, you will typically be presented with the option to add insurance. It is important to carefully consider this option and assess the value and vulnerability of your goods. Keep in mind that while insurance can provide protection against unforeseen events, there may still be certain limitations or exclusions based on the terms and conditions of the policy.
Ultimately, engaging with a freight agent and discussing your specific shipment details will help you determine the most appropriate freight insurance coverage for your needs. This proactive approach ensures that you have peace of mind knowing that your goods are adequately protected in the event of any unfortunate incidents during transit.
