Inland transit insurance is a type of insurance product that covers cargo from point to point through all levels of the supply chain. Since the global supply and delivery business is a complex web of logistical concerns fraught with many risks, decoding and understanding the types of insurance policies that cover it is also a complicated endeavor. When selecting an underwriter for your next project or business, there are a few guidelines you can follow to help speed the process along.
Not only should you require an insurance company with experience in complicated policies, you should look for an organization that has a specific history with inland transit insurance. Shipping internationally requires attention to many different details, and an experienced company will offer products that give you the coverage you need. Looking for a company with over fifty years experience in the business is a good place to start.
Some shipping, especially involving oversized freight, requires different insurance policies because of the increased risks involved. Other challenges an exceptional company will be equipped to insure are staging and transportation of valuable cargo.
If you find a company with experience that offers products specific to your challenges, it’s a good sign that you should establish a relationship with that organization. Make sure you’re getting a good value on quality products and not just taking the lowest bidder.