Zero-Loss Freight Insurance
Zero-Loss Freight Insurance is a comprehensive coverage insurance that offers full recompense for cargo that is lost, damaged, or rendered worthless in transit. Unlike ordinary insurance policies, which may include deductibles or partial payment based on declared value or depreciation, zero-loss policies guarantee complete recovery of the shipment’s insured value. This form of insurance is especially important for high-value or sensitive items, as even little damage can result in huge financial losses or disrupted supply networks.
Zero-Loss Freight Insurance provides additional financial security and operational confidence to the logistics ecosystem. Its integration with platforms like CargoWise allows for real-time risk assessment, automatic claims administration, and certification of cargo value at origin. Logistics providers and shippers can maintain ongoing operations by decreasing financial risk from unforeseen events such as accidents, theft, or weather-related damage. Furthermore, insurers frequently provide additional support in loss prevention measures, strengthening cargo integrity from pickup to final delivery.