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Shipping Insurance Services
At A1 Freight Forwarding, we understand exactly how important your goods are. Unfortunately, you expose your cargo to the risk of possible damage whenever you ship. We know that any damage could cause financial losses and other issues. Shipping insurance provides protection against such losses.
A cargo insurance policy will pay the losses to any party who has an interest in the goods during transit. This provides piece of mind for you and your cargo and it’s another reason to choose A1 Freight Forwarding for your shipping needs.
Land Transportation Insurance
Unless otherwise stated, the general carrier’s liability is CAD $2.00/lb. or CAD $4.41/kg. The amount of any loss or damage for which the carrier may be liable shall not exceed this stated amount which is based on the total weight of the shipment. Transport insurance is necessary for any commodity that is valued higher than this limited liability value.
Air Freight Insurance
The Warsaw and the Montreal Conventions states that carriers are liable for damages arising out of destruction, loss or delay due to negligence or wilful misconduct on their part up to an amount of 19 Special Drawing Rights/250 French Gold Francs-approx.USD $20.00/Kg (or USD $9.01/Lb.) or the equivalent in local currency.
If the value of the goods exceeds this amount, thereby increasing the carrier’s liability, a valuation charge will be applied to the shipment and paid to the carrier along with freight charge.
Ocean Freight Insurance
Ocean Freight Insurance limits the liability of shipping companies to $500.00 per package, vehicle, or container.
At A1 FREIGHT FORWARDING , we understand the substantial value you place on your International shipments. We can arrange cargo insurance with reputable insurance companies for every stage of the shipping process.
Insurance is not covered in your quote unless discussed with your Freight Agent. Please contact us for more details.