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Transportation Insurance: Should You get It?
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[QUOTE="Mika, post: 10896, member: 165"] Transportation insurance, transit insurance, or cargo insurance is an insurance policy that insures your goods while in transportation from one place to another place. This policy covers financial coverage against natural disasters, theft, fire, and accidents. This is useful for businesses as well as individuals. Who should get transportation insurance? Let’s say you are moving home and you hire a transportation company to transport your goods to a new location. Some transportation companies offer you insurance for your goods when you pay extra charges. If the transportation company does not offer any insurance claims, you need to insure your goods with another company. By paying some additional charges on the delivery of your goods, you will be able to get financial coverage. This insurance policy is also for businesses that frequently move goods. What kind of transportation insurance you can get? Depending on how you are moving your goods, you can get transportation insurance for all kinds of services such as inland, marine, or freight. How much premium should you pay? The premium depends on how valuable goods you have and what kind of coverage you want. If you want full coverage you will have to pay a lot of premiums, and if you want partial coverage you can get insurance for a lesser amount. [/QUOTE]
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Transportation Insurance: Should You get It?
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