ommon Misconceptions and Solutions in Independent Purchase of High-Value Courier Cargo Insurance

ommon Misconceptions and Solutions in Independent Purchase of High-Value Courier Cargo Insurance

• Misconception 1: Courier valuation services substitute for insurance. Fact: Valuation has limited coverage; commercial insurance is essential.
• Misconception 2: Underinsuring to save premiums. Solution: Declare true values to avoid undercompensation.
• Misconception 3: Neglecting policy details (deductibles, coverage limits). Solution: Read clauses thoroughly and consult insurers.
• Misconception 4: Assuming no need to monitor transit. Solution: Track shipments and report issues promptly.