What does oversize cargo insurance include?

what-does-oversize-cargo-insurance-include

Ocean freight is often a standardized process that allows almost any commodity to be moved around the world in containers. But what happens when the load is too large? In these cases, we are talking about oversize cargo, a type of bulky goods essential for many industrial projects.

Transporting oversize cargo requires specialized logistics solutions due to its unusual size and weight. These goods cannot be handled with traditional methods and need both equipment and specific vehicles for safe transport. Careful planning, optimized routes, and special permits are critical to moving these loads efficiently and safely.

 

Sectors that require oversized cargo transport

Numerous industries globally rely on the transportation of oversize cargo. Among them, the following stand out:

  • Manufacturing industry: Heavy industrial equipment and machinery, such as cranes and large engines.
  • Infrastructure construction: Bulky building materials, such as beams and steel structures.
  • Renewable energy: Large components such as wind blades.
  • Agriculture: Heavy agricultural machinery, such as tractors.
  • Mining and petrochemicals: Suppliers of heavy raw materials.

In addition, other examples of oversize cargo include long pipes, cables, coils, and aircraft parts.

 

Why take out cargo and goods transport insurance for oversized cargo?

Having cargo and goods transport insurance is essential to protect your goods during their transport, whether by land, air or sea. This type of insurance offers coverage against various risks, such as material damage due to fire, lightning, explosion, subsidence, overturning and collision, as well as during loading and unloading maneuvers.

In addition to offering protection against material damage, cargo and goods transport insurance for oversize cargo provides peace of mind against unforeseen eventualities. By securing these valuable and critical assets, businesses can ensure the continuity of their operations and minimize the financial impact of any incident.

 

What does oversize cargo insurance include?

Oversize cargo insurance offers comprehensive coverage to protect oversized or heavy goods during transport. This type of insurance covers property damage that may occur during the move, such as fire, explosion, collision, overturn, and subsidence. It also provides protection against specific risks associated with handling these loads, including damage during loading and unloading maneuvers, as well as possible failures in refrigeration systems.

In addition, oversize cargo insurance can include coverage against theft, vandalism, and other risks that could compromise the integrity of the goods during their journey. These insurances are designed to ensure that goods arrive at their destination safely and smoothly, offering peace of mind and protection to both owners and carriers.

 

Protect your cargo with ONUS Insurance

At ONUS Insurance, we understand the importance of protecting your oversize cargo. Our cargo transport insurance is designed to offer the necessary coverage and ensure that your goods arrive at their destination safely and smoothly. Trust us to secure your assets and maintain the continuity of your operations.

 

Sources: 

Aukera, & Aukera. (2021, 18 noviembre). Transporte marítimo de cargas sobredimensionadas – Bilogistik. Bilogistik -. https://www.bilogistik.com/blog/transporte-maritimo-cargas-sobredimensionadas/

Transporte de carga y mercancías. (s. f.). https://www.chubb.com/mx-es/empresas/transporte-de-carga-y-mercancias.html

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