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August 22, 2024Skipping Cargo Insurance Could Sink Your Business
At Western Overseas, we always urge our customers to secure cargo insurance before shipping their products and goods. While shipment disasters aren’t incredibly common, being prepared for the worst is crucial to your business.
Late last week, a containership was unfortunately the site of a large explosion at the Ningbo-Zhoushan port in China. The ship was reportedly carrying Class 5 hazardous materials, and the cause of the explosion is still under investigation. This incident did not cause major delays and thankfully no one was injured in the fire, however, this is a prime example of how cargo insurance can protect your company and your shipments.
No company ever expects their cargo to explode, or the ship to sink, but it’s always a possibility. Having coverage that protects your business from unexpected disaster will not only cover your business from any damages and delays, but give you peace of mind as your shipment makes its way to its destination.
Western Overseas is ready to help you find the most cost-effective, and reliable, solutions that fit your specific needs. Don’t risk sinking your company financially by being uninsured. Contact us today to discuss your options.
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