Transportation Insurance in Kansas City, MO
Businesses in the transportation industry face unique risks. Transporting goods typically involves a certain amount of risk. From the time items are loaded through transit until their final delivery, goods can be damaged, lost or delayed. If you’re a wholesaler, retailer or distributor, you need to protect your valuable cargo. One of the best ways to protect your goods is by securing transportation insurance.
What Is Covered by Transportation Insurance?
Transportation coverage depends on the specific policy, including theft, fire, malicious damage or theft and similar hazards. Goods may need several different types of coverage. Transportation insurance may even apply to personal lines and commercial insurance for shipping products inland and internationally. Transportation coverage can include transport by land, air and water. Some transportation coverage may also include packing and unpacking, loading or unloading, transporting and storing goods while in transit.
Who Needs Transportation Insurance?
Transportation insurance is essential for protecting the cargo transported, whether commercial or personal goods. If you’re moving or relocating overseas and shipping all of your assets, this is invaluable personal coverage. And for businesses that rely on having their goods arrive as expected, this coverage can offer vital financial protection for their revenues if losses occur.
How To Get Transportation Insurance
Transportation companies have unique risks to manage. Transportation insurance helps provide coverage for goods in transit from the initial loading of the items until the arrival at the final destination. Walnut Risk Management can review your transportation needs and help you determine if this coverage would benefit your business.