How to Get Your Cargo Insurance Down
1.Don’t be afraid to shop or ask your agent to shop your cargo coverage. Markets change and new players join the game.
2. Avoid Irrelevant coverages. Why insure for expensive fish when you only transport fruit.
3.Higher deductibles. This is a choice you need to decide and discuss how much you’re willing to self-insure
4.Limits. Know what they are and how they respond. Never read the policy forms. You should, there are sub-limits within!
5.Most importantly, find an agent who is available to you! If you have a slow agent or an agent hard to get ahold of it may cost you an opportunity.