Cargo insurance quotes are available online from insuring companies covering both domestic shipping and worldwide cargo movements. Some companies can take care of an application in minutes. For the domestic driver who leases a truck from someone else, the kind of cargo insurance quote he will be looking for is non-trucking, meaning that it includes liability insurance for himself. The lessor, on the other hand, needs the same insurance, but it will instead cover the vehicle and its contents against fire or explosion, collision or overturning of the truck. Furthermore, the policy should include theft, pilferage, and non-delivery of the cargo. Any quotes for physical damage to the truck will be approximately 4-5.5% of the truck's value.
On the other hand, an international shipper will look for quotes that cover even more possible catastrophes. For example, an international shipper will seek coverage for fire or explosion, vessel stranded or grounded, sunk or capsized on the water; the overturning or derailment of ground transport, collision or contact of any transport vehicle. In parts of the world where transporting goods is dangerous, a cargo insurance quote may include discharge of the goods at a port of distress, and/or sacrifice and jettison of the goods from a truck, boat or plane. These quotes can be extended to include domestic and oversea inland transit and warehousing as well. International shippers can expect an ocean transport policy to automatically cover goods from the warehouse at point of origin to warehouse at point of destination, including immediate transportation by rail or truck.
Domestically, insuring companies will be more concerned with shipping via trucks. Therefore, the companies potentially issuing a cargo insurance quote will want to know the drivers of leased trucks are going to be low risk. They generally will require three years of commercial driving experience, no more than three moving violations in the last three years, and a lease contract with a motor carrier before they issue cargo insurance quotes to interested persons.
When comparing quotes, it should be noted that they will vary depending on several factors. For example, some policies are written on a per shipment basis, while others are based on annual shipping activity. The specific kind of goods being shipped will determine the premium offered in cargo insurance quotes, and may be written to include commercial freight, high risk commodities, household goods and personal effects, or cars. Because of the many possibilities available, anyone looking for a cargo insurance quote has a good chance of finding exactly what he needs. Finally, through the Internet, people can browse many online companies who will put a potential client in touch with three or four companies from which to choose, thus saving the client valuable time.
Finding reasonable cargo insurance quotes is important because the costs can become very high to ship domestically and especially internationally. Therefore, people need to allow time to research several options to find the most reasonable well before the need to ship their stuff arises. However, while the personal effects someone is sending from one place to another is valuable, people need always to keep in mind the most precious gifts from God: "And of Joseph he said, Blessed of the LORD be his land, for the precious things of heaven, for the dew, and for the deep that coucheth beneath," (Deuteronomy 33:13)
No comments:
Post a Comment