Insurance Against Cargo Theft

While you might not hear about cargo theft on the news very often, it's happening all the time. Cargo trucks or trains with branded goods like consumer electronics, are attacked as often as once per week around the world. Many of these events occur in Asia or the Middle East, and separately, in Italy as part of organized crime. In both cases, thieves often use heavy weapons and threats of violence to hijack freight. Cargo theft surged over 300% from 2008 to 2014, raising alarm bells around the global logistics industry. For shippers and freight brokers, this can underscore the need for appropriate cargo insurance to make sure that freight is protected from a financial standpoint. If you're scheduling or pricing an International shipment, that's the time to think about cargo insurance. Insurance is often relatively inexpensive, even for large value shipments. The system allows clients to price insurance for all modes of shipments from within the quoting system. Each staff member is also trained to provide instant quotes and binding of policies over the phone, should you prefer to call our customer service department at (877) 287-0804.