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A common misconception is that freight shipments are automatically insured by the carrier through the carrier’s limits of liability. But if you think you’re fully covered for loss or damage, think again. The truth is, carrier limits of liability is NOT insurance and should not be counted on to protect the full value of your shipment – which is why Unishippers recommends coverage through UPS Capital Insurance Agency, Inc.
Freight is susceptible to loss or damage. Here’s how insurance can help.
of companies say they experience some loss,
damage or delay each year
of LTL shipments become lost, damaged or delayed
is the estimated annual loss from damaged cargo
Statistic Source: UPS Capital Carrier Liability Research Study
A BETTER WAY
TO PROTECTYOUR
SHIPMENTS
https://upscapital.com/resources/the-importance-of-understanding-what-is-and-isnt-insurance/
Contact Unishippers’ team of dedicated shipping experts to get started.
FULL VALUE REPAYMENTCarrier liability for loss or damage has limits, regardless of the actual value of the shipment. But with shipment insurance, your freight shipments are fully protected if anything happens.
Not only are your shipments covered with shipment insurance, but coverage applies to any freight carrier you choose — including multi-modes of transport.
FLEXIBLE COVERAGE
Under carrier liability, weather- and disaster-related loss or damage is typically exempt from reimbursement. While insurance won’t cover service guarantee failures, it will cover the cost of the lost or damaged goods.
DISASTER PROTECTION
Carrier limits of liability offers no official deadline for settling claims. Some claims can take months before anything is resolved. With insurance protection, your claim will be processed quickly and efficiently.
FASTER CLAIMS PROCESS
www.unishippers.com
Protect your valuable freight with cargo insurance.
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. Unishippers, as the insurance policy holder for the
UPS Capital Transactional Cargo Insurance Program, may receive financial compensation for its participation in the Program. Insurance coverage is not available in all jurisdictions.
© 2019, United Parcel Service of America, Inc. UPS, the UPS brandmark and the color brown are trademarks of United Parcel Service of America, Inc. All rights reserved.