FAQ-Answers

How much does Inland Transit Insurance cost?

The premium you have to pay may vary depending on type of goods, the limit per conveyance, the frequency of sending, the coverage required and the experience of the Insurer to write this risk. Insurance underwriters will consider the value of the goods in conveyance to mainly determine the amount of premium charged, and typically the higher the value of the goods, the more expensive it is to insure this voyage due to the potential claims payment if these goods are damaged, destroyed or lost while in transit. Loose packaging, or items not stored in proper containers may lead to goods damage caused by items knocked about in the delivery vehicle. Long voyages across uneven roads or off-road terrains may also cause damages to sensitive equipments or machines the carrier is transporting.