Freight Claims Management - How to get the most reimbursement

Posted by Harriet Mills on Nov 24, 2020 3:56:06 PM

Nobody looks forward to dealing with freight claims, but they are a necessary part of doing business. Even though they can be frustrating and time-consuming, the way you process a claim can be the difference between receiving full compensation or kicking yourself because you made an avoidable, costly mistake. If a consignee (or shipper) does not follow proper procedures in the claim process, there is the possibility that he or she will not receive any reimbursement. 

"I am thinking about outsourcing my claims management. Why should I do that?"


There are many reasons to consider outsoucring your freight claims management. It can improve your cash flow, capture lost revenue, provide timely resolution, and reduce the loss of valuable resources that might otherwise be tied up tracking down and filing claim information. 

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Tags: Freight claims, cargo insurance

Protecting Your Freight with Shipper's Interest Insurance

Posted by Harriet Mills on Nov 4, 2020 9:13:14 AM

Why Do I Need Shipper's Interest Cargo Insurance? 

What is the first question you ask when the unexpected happens and you are facing lost, stolen or damaged freight? For most shippers, it is … “Am I covered?”

 

You know you need to file a claim, but first comes the headache-inducing, fact gathering chore that is necessary with any accident or loss. You need answers to: Is everyone okay? How much damage is there? Who is responsible? What will insurance cover? Who is at fault? How much will it cost my company in time and lost revenue? What do I do next?

When facing these freight claims issues, the time it takes to deal with unpaid and unresolved problems is costly for your company in more ways than you think. No matter what disaster comes your way, being prepared and knowing how to take care of it quickly will let you get back to your main business of conducting business.

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Tags: Shipping Truckload, Freight claims

Freight Claims & Insurance: What you Don’t Know can Hurt you

Posted by Choptank Transport on Oct 15, 2020 10:57:12 AM

You’ve got the best freight insurance in the world, right? Sure you do—until you have a claim, that isWhen compensation is needed, some policies can turn out to be about as much good as a screen door in a submarine. In other words, you're not covered.

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Tags: frozen freight shipping, truckload freight shipping, Freight claims