If you make a living transporting cargo, you may be aware that there are a lot of things that can potentially go wrong during transportation. For this reason, getting Texas cargo liability coverage is probably a good step to take in your business. Here is some information on what this type of insurance is and does.
Cargo insurance is made to protect against all loss or damage to freight items that are in transit, whether they are being transported by land, sea or air. Depending on the policy, your insurance provider may provide coverage no matter who is at fault for the loss or damages. This can be something that saves a business from a liability claim or loss of profit from something happening to their cargo, as depending on the cargo this could be a significant cost between reimbursing your customer and replacing the inventory.
If you currently do not have cargo insurance, you may want to consider looking into it for your business so that you are protected no matter what happens to your shipments. There are many potential things that can go wrong during shipping, such as an accident or theft. Getting Texas cargo liability coverage can help protect your business and your customers from the potential costs of these accidents.