Shipping merchandise can be a risky business. If you are an independent contractor for Fed Ex or a long-haul service provider for Amazon, getting the right insurance is your responsibility. Make sure you include Shipping Insurance Service in New Jersey.
Start with the Basics
Just as your personal car has to be insured, every truck must carry basic automotive insurance. You should also consider additional primary and general liability insurance. Primary liability covers damage to other people or their property; general liability covers a broad range of mishaps, such as a package being delayed because your driver gets sick en route.
Coverage for Your Drivers
You must provide worker’s comp for your crew and you may also want them to have health insurance. A transportation insurance broker can create an insurance package that includes these products.
Make Sure You Have Good Coverage for Your Cargo
So many things can go wrong with the cargo you carry. A leak could develop in the roof of your truck and thousands of dollars’ worth of merchandise could be damaged. If your truck is in an accident, automotive insurance won’t cover any cargo that is destroyed. The insurance purchased from FedEx or Amazon may not cover the full value of the package, and won’t have coverage for cell phones, computer chips, furs, or coin collections. Make sure that you work with a specialized transportation insurance broker who will include adequate motor cargo insurance in your package. The professional team at Capstone Coverage knows all about shipping insurance service in New Jersey.
