Insurance is something that anyone is going to worry about when they’re shipping with a courier company. However, this isn’t something that you usually actually have to worry about. A courier service in Chicago will usually have ample insurance to cover any kind of packages that you may send with them. There are some basic guidelines about the type of insurance that exists with courier companies that can help you understand when you may or may not need additional insurance with your courier company.
Courier insurance is something that every courier company is going to carry; otherwise they wouldn’t be able to stay in business long. Without the protection of insurance, they would quickly be out of business, the first time they experienced a traffic accident. Therefore you can assume there will be insurance, but you need to find out what kind and how much.
Most of the courier companies that are out there will have very comprehensive courier insurance because they want to protect themselves as thoroughly as possible from liability in the event that the packages that they are carrying become damaged. This type of insurance will protect against most of the things that can go wrong with a courier shipment including but not limited to theft, damage from traffic accidents, and weather damage.
Asking a courier about the insurance that they carry is something that you should always do when you first start shipping with a new courier party. It is impossible to say how their coverage may differ from the courier companies you have used in the past. Rather than being caught unawares by inadequate coverage, simply ask what their insurance coverage involves.
The amount of the insurance coverage that is provided is something that you may also want to ask about. This is especially important if you’re going to be shipping things which are very valuable. Many courier companies don’t carry insurance that covers each and every shipment which would protect up to the value of some higher value shipments. If that is the case with your courier, and you are shipping those types of goods, you may need to purchase additional insurance. You may have the option of getting this either through the courier’s current insurance carrier, or your own which you use for other purposes. Your courier may simply have a policy in place which dictates what source any additional coverage must come from.