Freight shipments, in particular LTL shipments, are susceptible to damage. Purchasing cargo insurance reduces the financial risks associated with potential damage or loss during transit. Unishippers has teamed up with premier national insurance provider UPS Capital® to negotiate special shipping insurance rates exclusively for our freight customers.
Shipping insurance from 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 shipping insurance through UPS Capital, 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 Freight Manager® 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.