Cargo transportation is a complex, multi-stage process where your goods face risks at every step. Supply chain disruptions, product damage, or loss are real threats to any business. And here’s the key: basic insurance often isn’t enough. When should you consider additional coverage, and which risks are the most dangerous? — explained together with Grand Logistics Company.
Cargo insurance: why is it necessary?
At Grand Logistics Company , we know the transportation process from the inside out: from the moment goods are loaded into a container to their unloading at the port or airport and further delivery to the warehouse. We encounter real risks every day and that’s why we strongly recommend securing proper insuranceto avoid serious financial losses.
What are the most common threats to your cargo?
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Damage to goods due to improper stacking or careless loading.
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Shortage of goods due to errors in the documentation.
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“General accident” - salvage of the vessel due to loss of part of the cargo.
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Theft, collisions, force majeure during transportation.
Why is basic insurance an illusion of protection?
The minimum coverage offered by the carrier rarely compensates for the real cost of damage. Especially if there is a natural disaster, crew error or damage to the container in transit, it can be extremely difficult to prove liability.
How to choose the right insurance for your cargo?
We recommend paying attention to extended insurance that really protects your business:
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A policy covering 110% of the value of the cargo + freight + customs duties..
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Choose Class A, B or C insurance depending on the specifics of the cargo.
Why is insurance an investment in business security?
Imagine: a shipment of goods worth $100,000 with a net profit of 10%. If the cargo goes missing without insurance, you'll have to make $1,000,000 worth of sales to compensate for the loss. With a policy, you minimize the risks to zero.
Entrust the protection of your cargo to professionals - Grand Logistics Company!
Grand Logistics Company is not just transportation. It is a comprehensive care for your business: from reliable delivery to optimal insurance.
We will help you choose the best solution to protect your cargo, save you time and eliminate unnecessary hassle.
👉 Leave a request with Grand Logistics Company right now and transport without stress and risks!
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