Shipping is sewn indispensable in the supply chain of goods. However, this is also the stitch that business faces many risks. This born in demand solutions to help minimize losses. Goods as in value, the shipping as long are you planning theme room by insurance as necessary. But, the question is whether to buy insurance domestic shipping't? In this article, HNT Logistics to help businesses understand more about shipping insurance for domestic goods. You will also know the details, rules, insurance, freight, inland, scope of application, and the note should know. The same track before deciding to use this product, okay.

Shipping insurance helps to limit the damage when goods at risk on the road.

Overview of insurance domestic shipping

Shipping insurance for domestic goods is what?

Shipping insurance for domestic goods is the form of asset protection in the process of shipping goods on the national territory. It allows the insured is compensated for losses when the goods are damaged, damage or loss. Value of compensation is in whole or in part depends on the contract. Conditions and circumstances are accepted, too.

Because only apply in range territorytype this insurance is low cost and simple procedures.

Should buy insurance domestic shipping't?

For businesses, shipping insurance brings many benefits:

• Minimize financial losses: In case of accident or unexpected mishaps, the business will be the insurance company share the damage.
• Increase credibility and trust with your partner: Use the insurance that the business has the groomed and professional. This is very effective way to create trust with customers, especially in the big contract.
• Protect stakeholders: Not only safer for you, your insurance also protects the interests of buyers when the goods quality be affected. Through it, the dispute is not worth having will be prevented.
• Satisfy the legal conditions: In many cases, you can not choose to purchase insurance domestic shipping't. Because it is a mandatory requirement that the client has given in the contract. 

As such, shipping insurance is not a waste. On the contrary, it is very essential to help businesses manage risks.

Insurance can be a mandatory part of the contract of carriage.

Who should buy insurance domestic shipping?

Not all businesses are required to purchase shipping insurance. But don't skip if you belong to one of the cases below:

1. Business shipping high value items: high-tech machinery, electronics, pharmaceutical and precious food art products.
2. Business shipping sensitivity: fragile Goods, fresh food, frozen food, goods easy to incidents of fire and explosion.
3. The unit of distribution and retail: value per shipment is not high but the number of shipping back a lot, spread across the country.
4. Businesses big production: Often have to import raw material input, production output bulk (raw container) for each.

At HNT Logistics, a majority of our clients production of agricultural products and machinery. Therefore, we encourage customers to weigh options

Rules cargo insurance domestic shipping business should know

The type of insurance domestic shipping

Depending on the needs of the business as well as the strength of the offers that insurance there are 2 main types:

1. Comprehensive insurance: This type of can to the room nearly the entire risk in the shipping process. It fits with every special need high protection level, are of great value. When the problem happens, the business can be compensated for the full value of the goods.
2. Insurance part: this Category there are 2 ways made. Or is the only insurance protection for certain risks. Or is the only insurance to offset any part of the goods value. This will be specified clearly in the contract. By protection capabilities are limited, should this product have lower cost.

Protection limit of insurance in proportion to its value.

The range of validity of the insurance shipping

About rules cargo insurance domestic shipping will be applied to all of the risks following:

• Traffic accidents
• Natural disasters, natural disasters and adverse weather
• Theft, lost goods
• Flaws in the process of loading and unloading
• Roads, bridges broken up, interrupting the journey
• Fire

However, in order to be guaranteed the rights, enterprises should carefully read the contract offer.

Conditions and requirements when joining 

To join the insurance businesses need to find partners to provide credibility. Just need your item is not in the ban list, the insurance company will promptly advise suitable product requirements. At this time, they will also guide you to perfect stock from. When the contract is signed, the cost is paid, the product effect. Goods will be covered from the start of the assigned to the carrier to arrival at the destination to receive specified.

When the insurance case occurred, you will need to provide the required documents such as:

• Claim for insurance: which provides detailed information about the goods, means of transport, duration and cruise shipping.
• Commercial invoice: Used to confirm the value of goods.
• Receipt of goods: as the basis of determining the condition of goods before and after shipping.
• Legal papers related: For example, license shipping special order.

Note what when when the insured cargo inland?

Honest and accurate is important to note need to talk to first. You should not think of a way to fraud, concealment to reduce premiums. When an incident occurs, the insurance company will certainly check and refused compensation. So, you've just cost insurance has just suffered complete loss.

A logistics partner prestige can help you to improve the procedures necessary shipping quickly.

Besides, you also need to make sure to read carefully to understand the correct and complete contract. Although insurance contracts are often very long and dry. But let's study it in earnest to use the money effectively,

Conclusion

Hope that the article helped you solve to be two fret privacy. It is “should buy insurance domestic shipping no” and “rules for cargo insurance domestic shipping is what?”. Get this information, you will be more secure about stage freight.

HNT Logistics with more than 12 years of operation will help you to understand the problems in the shipping. If you need more advice, don't hesitate to contact us hotline:

• 0981.655.880 (Mrs. Thi)
• 0949.393.300 (Mrs. Peach)