4 reasons to take out parcel insurance

Louise
July 14, 2024
-
4
minutes of reading

Why Parcel Insurance is Essential: 4 Key Reasons

Parcel insurance is a service that any person or company sending goods simply can't do without. If you send items as part of your business, you need to protect your consignments against all risks of loss, damage or theft.

In this article, we'll explain why parcel shipping insurance is necessary for you.

The 4 main reasons to protect your business with parcel insurance

1. Shipment of a consecutive volume of parcels

Parcel loss is often a shipper's worst fear. Inevitably, the more parcels you send, the greater the risk of litigation: loss of the parcel, damaged goods delivered, contents of the parcel partially stolen or replaced... If you send a lot of parcels a day or a week, you're bound to have been confronted with these phenomena, and you know better than anyone just how long it usually takes to deal with them: from several weeks to several months. And at the end of the day, you're usually left with a lump sum. That's why at Claisy we've simplified the procedure and offer 100% compensation for the value of all your parcels shipped and subject to a transport dispute. Most of the time, you don't even have to contact the carrier for compensation.

Key figures:

  1. Around 30% of e-commerce companies say that delivery disputes represent a significant cost in terms of time and human resources.
  2. Around 35% of customers will not recommend a site after a bad delivery experience, underlining the crucial importance of parcel insurance for customer loyalty.
  3. Automating claims processes can reduce dispute processing times by 50%.

2. Shipment of Unique or Irreplaceable Items

Some items are unique and cannot be replaced, such as works of art, family jewelry or prototypes. Parcel insurance can protect you against the loss of precious items. With such a purchase, you can be sure that your unique items are covered. So yes, a transport dispute is annoying and can damage your reputation: that's why at Claisy we offer you the opportunity to limit the costs to your customers.

3. Shipment of Fragile, High-Value or Easily Lost Items

Fragile, high-value items that can be lost quickly need extra protection when shipped. Parcel insurance offers protection for these types of items. If items are damaged or lost, you'll be compensated so you can replace or repair them without any loss.

4. International shipping: No need to handle international claims

In short, parcel insurance is a wise investment to protect your shipments and your peace of mind. Claims are handled as quickly and legally as possible, regardless of the regulations in force. This is another area where the insurer takes care of all the legal aspects of the process.

Conclusion

Whether you're a high-volume shipper or simply sending a unique and irreplaceable item, fragile and valuable or easy to lose, or shipping internationally, you should take out parcel insurance. It's worth remembering that the risks are real, but you can minimize them by choosing the best parcel insurance for your shipments.

Feel free to compare, and if you have any questions, don't hesitate to contact the Claisy teams.

FAQ

FAQ : All about Parcel Insurance

Your questions about Parcel Insurance

📦Whatis parcel insurance? +

It's a service that protects your shipments against loss, damage and theft during transit. It's essential security for any shipment of goods.

🛡️PourquoiDo I need it? +

It protects your cash flow and your reputation. In the event of a problem, it reimburses the value of your order and reshipment costs, guaranteeing minimal impact on your margin.

📈What are theadvantages for large volumes? +

For companies, it saves considerable time and resources by simplifying dispute management. It guarantees compensation at 100% of value, thus protecting profitability.

💎Howdoes it protect unique items? +

By covering their real value, insurance enables you to limit financial losses and compensate your customer, protecting your reputation even when the object is irreplaceable.

🌟 What aboutfragile or high-value items? +

It offers enhanced protection in the event of damage or loss, allowing you to replace or repair items without incurring financial loss.

🌍Howdoes it simplify international claims? +

A good insurance policy manages the legal complexities of international litigation for you. It handles the claim quickly, whatever the local regulations, leaving you to concentrate on your business.

Find out more about ad valorem insurance: