Unishippers has teamed up with UPS Capital^®, a premier national insurance services provider, to offer comprehensive shipment coverage to protect your important freight shipments. Coverage through UPS Capital reduces the financial risks associated with loss or damage during transit.

Shipping insurance through UPS Capital offers these benefits:

Affordable coverage that reduces the financial risks of loss or damage to your freight
Flexible coverage that applies to any freight carrier you choose
Simple claims process that delivers efficient resolution and settlement
Dedicated customer service

With the transactional cargo insurance program, covered losses are valued at the amount of the invoice plus 10%* – and the coverage applies to any freight carrier you choose, including multi-modes of transport. You can purchase cargo insurance for your freight shipments online through Unishippers’ transportation management system at the time you are booking your shipment.

Do I Need Freight Cargo Insurance?
A common misconception is that shipments are automatically insured by the carrier through their limits of liability. The truth is, carrier liability is NOT insurance and it may not protect the full value of your shipment. Carrier liability has limits based on the condition of the items being shipped and the class of the freight–regardless of the actual value of the shipment.

Cargo Insurance Coverage vs. Carrier Liability Coverage

If your shipment has Freight Insurance:

You get back the full value of your shipment!
Shipping insurance claims are typically paid in 30 days or less.
There is no need to prove carrier negligence.

If your shipment has Carrier Liability:

You may not get back the full value of your shipment because each carrier has its limits on reimbursement based on freight condition and class of freight.
Carrier limits of liability don’t have any specific deadline to issue the payment of a claim.
Carrier negligence must be proven, and the delivery receipt should include notice of damage upon arrival. If you discover damage after the driver leaves, report it within 5 days and file a claim within 15.

*Restrictions apply

Insurance coverage is underwritten by an authorized insurance company and issued through licensed insurance producers affiliated with UPS Capital Insurance Agency, Inc., and other affiliated insurance agencies. UPS Capital Insurance Agency, Inc. and its licensed affiliates are wholly owned subsidiaries of UPS Capital Corporation. The insurance company, UPS Capital Insurance Agency, Inc. and its licensed affiliates reserve the right to change or cancel the program at any time. Insurance coverage is governed by the terms, conditions, limitations and exclusions set forth in the applicable insurance policy. No warranty, guarantee, or representation, either express or implied, is made as to the correctness or sufficiency of any information contained herein. Coverage is not available in all jurisdictions.

View Claim Guide