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What is cargo insurance and why is it important?

Transporting goods around the world is not without certain risks. And if you’ve ever shipped something internationally, you realize just how many things could go wrong while goods are in transit. That’s where cargo insurance comes in.

Protecting freight against loss
You can’t always protect your freight from loss. In fact, the number of containers lost at sea each year is staggering.

The good news is insuring your goods can protect the value of your goods against potential losses that can happen while in transit during air, ocean, and rail shipments.

All too often, shippers misunderstand how liability works in the event of loss to their goods. And the various rules and regulations surrounding the topic can make things even more complicated. To clear up these confusions, this post at Transportfolio will explain key cargo insurance information and how it can help mitigate your shipping risks.

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