NY 516-204-7223 PA 570-800-2007 NM 505-225-3800 ☰ ˟
Logo
Our Carriers Call or Text Us:
NY 516-204-7223 |PA 570-800-2007
NM 505-225-3800
  • Our Agency
    • AboutImage of right arrow
      • Testimonials
      • Employee Directory
      • Location(s)
    • Blog
    • Carriers
    • Switching Insurance Companies
    • Discounts
    • Hurricane Safety Checklist
  • Products
    • Auto InsuranceImage of right arrow
      • Classic Car Insurance
    • Home Insurance
    • BusinessImage of right arrow
      • Small Business Insurance
      • Business Owners Policy (BOP)
      • Commercial General Liability
      • Workers Compensation
      • Commercial Auto Insurance
      • Inland Marine Insurance
      • Commercial Umbrella Insurance
    • Life Insurance
    • Motorcycle Insurance
  • Get a Quote
    • Auto Insurance
    • Home Insurance
    • Business InsuranceImage of right arrow
      • Business Owners Policy (BOP)
      • Commercial General Liability
      • Workers Compensation
      • Commercial Auto
      • Inland Marine
      • Commercial Umbrella
    • Life Insurance
    • Motorcycle Insurance
  • Contact Us
    • Contact Us
    • Location(s)
    • Refer a Friend
Auto Icon

Auto

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Home Icon

Home

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Business Icon

Business

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Life Icon

Life

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Health Icon

Umbrella

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
RV & Boat Icon

Motorcycle

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Home > Commercial-Products > Coverage-For-Specific-Industries > Cargo Insurance and Freight Insurance - Bethpage NY & Levittown NY - The James V Funaro Agency

Cargo Insurance & Freight Insurance in Bethpage NY & Levittown NY

The ability to move products from one place to another is the backbone of our entire economy. Whether you're moving products from a port to a store for sale, helping people move between homes, or transporting raw materials for manufacturing, you know how important it is to get the job done safely and on time. However, without cargo insurance and freight insurance, your business could be at risk if any of your trucks is involved in a serious collision.

You already know how important it is to complete a job correctly. From ensuring loads are packed securely to recruiting safe drivers, you're constantly invested in making your business the best it can be. The James V Funaro Agency can help make sure your efforts are protected, and that if something does go wrong, you'll be able to continue operating.

Cargo Insurance Coverage—What's Covered and What's Excluded

Most cargo that is shipped under a proper bill of lading will be covered by your cargo insurance. Major exclusions include, but are not limited to:

  • Alcohol, Tobacco, some medicines, and any illegal drugs
  • Currency and Valuables (especially art, jewelry, coins, and cash)
  • Items considered dangerous (acids, explosives, or radioactive items, including some fireworks and other celebratory products)
  • Living creatures
  • Anything owned by your company

If you plan to ship anything excluded from cargo insurance, it may be covered by another policy (especially if you own the items in question). Otherwise, you can talk to one of our agents about alternatives for cargo insurance and freight insurance that can actually cover the transportation of high-risk items.

Freight Insurance Coverage—Large and Small Freight Shipping Coverage

Your shipping volume is a major factor in finding just how much insurance you need. In 2014, there were over 400,000 collisions involving large trucks, which comes out to over 1100 collisions every single day. The majority of these incidents are not the fault of the commercial truck driver, but the simple truth of the matter is that they do occur on a regular basis.

It's also important to note that collisions are not the only forms of loss—theft is a major problem in some areas, and average losses approach a quarter‑million dollars per incident.

Larger trucking companies require more insurance in case there are problems with multiple vehicles, such as thefts from multiple trucks parked in one place. Even smaller companies are at risk, though, making cargo insurance and freight insurance one of the most important defenses of any hauling company.

 

1. "Large Truck and Bus Crash Facts 2014." Federal Motor Carrier Safety Administration. Accessed April 20, 2016. https://www.fmcsa.dot.gov/safety/data-and-statistics/large-truck-and-bus-crash-facts-2014.

2. "Truck Stats." Trucking Statistics. Accessed April 20, 2016. http://www.truckinfo.net/trucking/stats.htm.

3. "Average Truck Cargo Theft worth $232,924 in 2014." Accessed April 20, 2016. http://www.businessinsurance.com/article/20150310/NEWS06/150319974.

Contact Us Today!
516-204-7223 505-225-3800

Social Social

Resources

  • Get a Quote
  • Our Carriers
  • About Us
  • Refer A Friend
  • Contact Us
  • BBB accredited business A+ accredited since 5/28/2019 years in business 8

Contact Us

4230 Hempstead Tpke, Ste 104 | Bethpage, NY 11714
P: 516-204-7223 | P: 505-225-3800 | Fx: 516-200-4045
Licensed in NY,PA and NM © Copyright. All rights reserved. | Powered by Insurance Website Builder