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there may be a few additional factors to consider when searching for a commercial truck insurance policy. Commercial trucks generally require higher coverage limits to account for heavier and more valuable vehicles, as well as the cargo they haul.5 ...
Advancements in technology have made it possible and financially viable to reach previously inaccessible wrecks, resulting in increased salvage claims. Alternatively, cargo on a vessel may be damaged by insuredperil, such as lightning or being washed overboard, resulting in a total loss of the cargo...
a drone is a flying robot that can be remotely controlled or fly autonomously using software-controlled flight plans in itsembedded systems, which work in conjunction with onboardsensorsand a Global Positioning System (GPS).
Be clear about your products’ sustainability credentials but beware of “greenwashing” – if you’re saying a product is vegan, for example, be sure you have the certification to authenticate your claims. Use sustainable packaging. Prioritize recyclable, biodegradable an...
A bill of lading serves three purposes. Learn more about each one with this exclusive Bill of Lading Guide from Freightos.
In February, the marine insurer Gard published a study based on six years of their claims that showed 9% of ultra-large ships had experienced container losses, compared to just 1% of smaller vessels. Accidents are often linked to cargo that has been inaccurately labeled, weighed or stored.Inve...
Claims Products About ContactHome About What is P&I? Protection and Indemnity (P&I) is a type of insurance that shipowners purchase to cover the potentially huge costs of any harm they accidentally cause to people, property and the environment. As liabilities for injuries, cargo loss, collisi...
1% is considered high, and you should look for companies with a damage rate under 1%. 8. Evaluate the Claims Process Common LTL claims include packaging damage, lost freight, holes, crushed items, and more. The claims process is an extension of the customer service of an LTL Carrier. ...
Cargo Claims: With trillions of dollars of cargo being transported across the United States each year, there will inevitably be some conflict. Disputes may arise over lost cargo, damaged goods, or other related matters. A cargo claim is effectively a type of legal action in which one party de...