About Cargo Insurance Center
Cargo Insurance Center is provided by P.A.F Insurance Services LLC, a division of Pacific Atlantic Freight LLC. We are a fully licensed Freight Broker, Freight Forwarder and Insurance broker, originally established in 1984 in Los Angeles California. We specialize in domestic and international freight/cargo shipping services including cargo insurance and other transportation related lines of insurance.
Being a cargo shipping company also, we understand first hand the need to protect your valuable cargo shipments against damage or loss while in transit. Even the top leading freight shipping, cargo carriers and moving companies only provide the minimum legal liability cargo insurance coverage of $0.60 per pound. For example, If your shipment is worth $5,000 but it only weighs 500 lbs, in the event of a loss you would only receive $300, no matter what the actual loss value was. That’s not sufficient and many find this out the hard way.
We established our Cargo Insurance division to provide our clients with peace of mind by offering the much needed service of primary cargo insurance coverage based on the actual full value of the goods (not weight) and on a custom per shipment basis. Through our specialized freight forwarder cargo policies and access to top A rated insurers, we are able to issue customized insurance certificates for each shipment to properly protect your goods during transit or if you are a frequent shipper, we can provide you with your own policy for annual coverage. You can choose from total loss, to the broadest all risk coverage, depending on what you are concerned with occurring during transit and how well your goods are packaged.
The cargo insurance coverage we offer is provided and underwritten direct from leading A rated insurance companies, so that we can provide you with full comprehensive primary cargo insurance coverage options not provided by the freight carriers. This coverage is in excess to the limited liability of the freight carriers and is primary in the event of a loss. Our partner insurers are rated “AA” by the leading, independent, third party financial analysis companies such as: AM Best, Standard & Poor’s and Fitch, because of their excellent financial strength ratings and claims payment history.
Most importantly, because we are also a freight company, in addition to being an insurance broker, we have access to this special type of cargo insurance designed specifically for freight forwarders, freight brokers & cargo logistics providers. Therefore, we are able to acquire discounted rates direct from the insurer, based on our shipping volume, allowing us to arrange coverage on your behalf, usually at lower rates than insurance agencies or brokers.
We are happy to be able to arrange & place coverage immediately upon approval and issue you your own custom cargo insurance certificate/policy to print right from your computer. Our easy online quote form takes just a few minutes to fill out. Get an Instant Quote now, to properly protect your goods with primary cargo insurance.