subject: Will My Package Be Insured If It Is Damaged Or Lost? [print this page] Insurance is something that is always a concern when using the services of courier companies. Even though things don't go wrong very often when using a delivery service, every client wants to know that their Alabama courier is insured well enough so that if something unfortunately does cause damage to the package, that they are covered. Insurance is a vital part of the courier industry, and most companies are going to be carrying more than enough to take care of most things which might go wrong with a shipment.
Courier companies generally are going to carry ample insurance which is going to cover against both loss and damage to the package. Essentially, anything which would cause a 'loss' in insurance terms to the client should be insured against through the policies that the courier has in place. Insurance companies actually class this as an entirely independent class of insurance, simply called courier insurance.
First, any way that the package might become lost should be covered by this policy. There are a few ways this could happen. Sometimes, a courier might simply lose a package and not know what happened to it. Some become lost in terminals. Others are delivered to the wrong address. In each of these cases, the courier's insurance policy would be able to compensate the customer for the loss. Theft of packages will also be part of the policy.
There are even more ways that a package might become damaged rather than just lost, but most of these situations should be insured against as well. Clearly, any damage which is caused due to negligence on the part of the courier is going to be insured against. So too is damage by sources beyond the courier company's control, such as weather. Fire damage (and sprinkler, smoke, etc) is usually part of the policy, and so is damage which is caused by traffic accidents.
Essentially, most of the major things which might go wrong with a package are going to be insured against. You should never have to worry about getting your own insurance for a courier shipment except in one rare occasion. This is when you're shipping goods which are so valuable, that the base level of insurance that is covered by the courier company wouldn't cover the total value of your goods if damage was to occur. If that was the case, you may need to buy your own additional coverage.
by: Paul Lancaster
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