Our all-risk transit insurance policy was created to cover your cargo during it’s international transit. Tens of billions of dollars are estimated to be allocated to damaged or lost cargo each year as a result of marine, air or land incidents.
RISKS INVOLVED WITH SHIPPING INTERNATIONALLY
- Severe weather or natural disasters
- Mechanical issues
- Human error involved with multiple handlings
We work directly with National Transit Insurance to be able to offer you the best all risks transit insurance policy in the industry.
The policy price is generally 1% of the value of the vehicle, with a minimum price of AUD 250.00
The value is completely up to you – we don’t need any valuation and it will not affect the value you declare with customs.
In the unlikely event that you need to make a claim, excess on the policy is AUD 500.00
Our all-risk transit insurance policy is there to protect you and your cargo. Our insurers will pay you out on the day a successful claim is processed, all you need to provide is proof of the damage or loss.
Transit insurance is completely optional, but always highly recommended. The international shipping industry is very modernised and safe, meaning insurance claims are few and far between, but to have the extra peace of mind provided by the protection this policy offers, a couple of hundred dollars is well worth it.