Cargo insurance

What is cargo insurance?

Cargo insurance is a type of property insurance that protects goods against losses or damages during transport. This essential insurance is crucial for companies engaged in international trade, providing coverage against risks associated with transporting goods over long distances. Cargo insurance can apply to various modes of transport, including road, rail, sea, and air.

The primary purpose of cargo insurance is to provide financial protection against losses caused by damage, theft, vehicle breakdowns, natural disasters, or other unforeseen events that could impact the value of the goods.

Cargo insurance can be tailored to meet the needs of a company. It can cover general risks or specific perils outlined in the policy. The value of the insurance is usually based on the value of the goods and the transport costs.

See also: cargo storage

Do you need a cargo insurance during transport?

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Cargo policy – avoid losses in unforeseen situations

A cargo policy is an insurance document that protects carriers and owners of goods against financial losses arising from damages or other unforeseen events during the transportation of goods. In today’s globalized world of trade and transport, a cargo policy is an indispensable tool for any company shipping or receiving goods. Key benefits of having a cargo policy include:

  • Financial protection – A cargo policy offers financial coverage for losses caused by damages, theft, or other unforeseen events that could impact the value of goods.
  • Flexibility – The terms of a cargo policy can be adjusted to a company’s specific needs, covering various transport modes (road, rail, sea, air) and types of goods.
  • Security and peace of mind – Having a cargo policy ensures that goods are protected during transit, allowing businesses to focus on other aspects of their operations.
  • Preservation of business relationships – In case of goods loss or damage, a cargo policy can help maintain strong business ties between suppliers and recipients.

Protection of goods against theft

At PEKO Spedycja, we understand that effectively securing goods against theft is vital to ensure safe delivery to their destination. We employ a range of methods to minimize the risk of goods being taken during transit. These include mechanical security measures such as seals, anti-theft locks, and GPS tracking systems, which enable real-time monitoring of shipments. Additionally, we ensure appropriate insurance coverage to protect goods against damage, destruction, and theft, providing full security and peace of mind at every stage of transportation. With our solutions, you can rest assured that your goods are safe, and the risk of theft is significantly reduced.

Ubezpieczenie cargo

When is cargo insurance necessary?

Cargo insurance is essential for all transported goods, especially for shipments covering long distances, passing through various countries and regions, where numerous risks can arise.

Cargo insurance proves invaluable in many situations, such as:

  • Water damage caused by a leaking container;
  • Damage to improperly secured goods, e.g., broken glass containers spilling their contents or electronics exposed to moisture;
  • Loss of goods due to unforeseen natural disasters (e.g., storms or fires);
  • Theft of goods during transit.

The financial protection provided by cargo insurance is crucial for maintaining a company’s financial stability and allows the continuity of business operations without worrying about potential losses.

PEKO Spedycja – safety of transported goods is paramount

As a company with years of experience in international freight transport, we understand how important it is for every shipment to reach its destination intact. That’s why we offer cargo insurance as a standard part of our services.

We partner with top insurers in the market to ensure our clients receive the highest level of protection for their goods. We offer a broad range of insurance options, tailored to individual needs and requirements. Cargo insurance covers protection against damages, theft, vehicle breakdowns, natural disasters, and other unforeseen events.