What does Shipping Insurance mean? Read on to discover the definition & meaning of the term Shipping Insurance - to help you better understand the language used in insurance policies.
Shipping insurance refers to coverage for parcel sent through a carrier that is either damaged or lost during the shipping process. The carrier can cover for the damage or the loss but there are third party insurance companies that sell insurance for shipped parcels.
We hope the you have a better understanding of the meaning of Shipping Insurance.