If you transport product from one location to another either for yourself or for a client you may be looking at which cargo insurance programs are right for your business. There are a number of factors to consider when choosing your program. These can range from your cargo type to you transport route. Keep reading to learn more about the types of insurance programs available.
Insurance plans can vary depending on what they are designed to cover and the amount of the deductible. Some policies are designed only to provide coverage in a specific area or state while other policies include a long haul radius. Another factor you may want to consider is your cargo type. Some policies are designed for refrigerated or perishable cargo, while others cover general merchandise. Some plans are designed to cover both. You may also want non-owner coverage if you transport goods that are not your own.
With a variety of cargo insurance programs available choosing the right one for your needs may take some thought. Remember to consider your type of cargo, where your route goes, your deductible needs, and if you need non-owner coverage among the other factors when making your choice. If you have any questions an insurance professional should be able to help.