There are a number of unique solutions for in transit insurance. Whether you’re looking for liability solutions to cover a warehouse or want to insure the cargo directly, here are a few types you may want to know about.
Warehouse and bailee legal liability is a type of insurance that is meant to cover those in charge of the storage facilities. In the event that any cargo is lost or damaged while in the warehouse’s care this type of insurance can help protect them.
Transportation legal liability is also a form of insurance designed to protect the middleman. This insurance type can apply to many of the intermediary positions that may come in contact with or be in charge of the cargo during its transit process.
If you’re looking to cover loss or damages to the cargo itself, marine insurance may be the solution you’re looking for. This type can cover goods shipped with a variety of methods and may cover the entire supply chain to avoid coverage gaps.
As you can see there are a number of cargo in transit insurance solutions. If these solutions don’t seem right for you it may be a good idea to consult with a professional to learn about the other options available. Knowing which options can fit your needs is an important first step in choosing the plan that will work best for you.