Cargo Insurance
Commercial Truck Carriers At Risk
According to the International Cargo Security Council (ICSC), losses related to cargo theft run in excess of $25 billion annually and commercial truck carriers are the victims in 85% of all cargo theft. Why?
- The lucrative enterprise of cargo crime is on the rise because of the low risk of violence and jail time.
- The 9/11 terrorist attacks added to the upward pressure on insurance rates. Premiums have been boosted to compensate for a higher perception of risk for future potential attacks using air, trucking, marine and other transportation networks.
Trucks and cargo trailers are an easy target for terrorists and organized crime. Both private and public organizations are in place to help stakeholders protect against such threats. They include:
Safefreight's Technology Protects Fleets
Safefreight Technology has developed innovative technology and systems to help shippers and carriers meet security and productivity business objectives that supports a better claims history. Our SmartFleet® System combines security and fleet management functionalities that bring immediate ROI and peace of mind.
At the heart of our solution is security. Powerful onboard truck and trailer alarms deter theft immediately.
Security sensors throughout cargo conveyances (including straight trucks, containers, dry van, flatbed, refrigerated and pneumatic trailers) also warn of shifts in temperature, smoke, volume changes and other risks related to cargo integrity.
Fleet Management Solutions Built Just for You
Safefreight’s customized approach also means that fleet managers have a solution designed for their business. Hazmat carriers can take advantage of our SmartFleet® HZ System that focuses on needs specific to hazardous material transportation security, and that ultimately, may help reduce premiums on your hazmat transportation insurance.
We know that commercial carriers have difficulty justifying costs related to security – that’s why Safefreight has incorporated a robust tracking and monitoring solution to its security platform. Efficiencies gained through effective fleet, trailer and conveyance management means more productive assets – and ultimately, a stronger bottom line.
Cargo Insurance
Cargo crime and theft has grown to epidemic proportions, with the latest figures suggesting losses of over $25 billion a year in the United States. The risks to shipping fleet owners and supply chain partners are continually reassessed by insurance brokers, and the premiums keep rising as a result.
While insurance can help you recover some of the losses, your best defense is a system that prevents theft in the first place. Safefreight can equip shippers and carriers with the security, tracking and monitoring tools that will protect cargo and improve fleet productivity. Our SmartFleet® System combines cargo security and asset management functionalities that bring immediate ROI and peace of mind.
Container and Cargo Trailer Insurance
The best insurance policy is the one you never use, but in a business as risky as trucking and fleet management, that may be next to impossible.
Insurance alone can’t fully protect a fleet from cargo theft and loss, but effective management of risk can trim insurance costs, provide protection of trailer contents and goods in transit. As well, investments in equipment and personnel help a fleet run more profitably.
Contact us today to find out how our solutions will protect your fleet, support a better claims history, and ultimately, stabilize or reduce insurance premiums.