by Ariel Shmorak
Buying online is old-hat to most consumers. It is as commonplace as heading to the mall or to your local hardware store. However, with online shopping becoming the norm, buyer expectations are also at an all-time high. Consumers expect to receive their orders quickly, efficiently, and in one piece. Once you hand over your shipment for the journey to your buyer the rest is out of your control. Shipments are sent all over the world and are often mishandled, banged around, and sometimes misplaced. It is not the fault of the shipping carriers; it is just that with so much volume there are bound to be the occasional bumps in the road. How do you protect yourself when shipping merchandise to your buyers? The solution is shipping insurance.
The shipping carriers offer declared value protection for your shipments, but are often at a steep markup and their coverage is contingent of proving they are at fault. The best option for online shippers is to use a private shipping insurance company, such as Shipsurance. Private insurers offer all-risk coverage and allow you to ship with the major carriers while protecting your packages at a deep discount. The main benefit of private insurers outside of cost is the claims process. Most claims are processed within a week, and are done so in a paperless, online system.
Some great reasons to look at private shipping insurance companies are:
As an online seller, you have enough to worry about pre and post sales. Make sure to protect yourself when your items are out of your possession. Insuring your shipments is the best way to recoup a loss and make all parties involved whole again.
Ariel Shmorak is the Vice President of Shipsurance and has been working in the shipping insurance space for over a decade.