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Cargo insurance is something that a lot of business owners who import/export need in order to protect their goods whilst in transit to customers.
It is not required by law, but it is definitely prudent to insure your products. If something ever happened to them during transit, you could be on the hook for a lot of money.
How much you pay for insurance depends on a number of factors. The main variables are the cargo you import/export, how much it is worth, mode of transport, road/air/sea and where it is coming from and going to?
Dangerous products obviously would cost more to insure, because they have the potential of seriously injuring people. Also, the farther the distance you are transporting products, the more you are going to have to pay.
All insurers are members of the Financial Services Authority (FSA) and have been carefully selected because of there service and ability to pay claims.
Here at Total Insurance we have qualified and licensed insurance brokers who have access to all of the best insurance companies in the UK. Our team have clients all over the country, and can help you regardless of where in the UK you live.