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Cargo insurance is something to consider when exporting a load that is of value to you or your recipient.
Just like any other insurance, cargo insurance will protect you from theft, major weather conditions (e.g. hurricanes, lightening), collisions and other risks. You will need to consider your method of freight and the destination of your goods, however it is strongly recommended to take out insurance of your goods due to the nature of these risks. Some All-Risk cargo insurance further includes protection against damage of external cause, such as a crash, burning, sinking. It is important to note that Shipment by Shipment insurance does not include all of the above listed, including major weather condition risks.
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