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Freight Debate

Add insurance to your shipping costs?

This story appears in the June 2002 issue of Entrepreneur. Subscribe »

You may have anywhere from a few hundred to hundreds ofthousands of dollars of merchandise in transit at any given moment.Should you insure it?

Shippers typically either declare value (on less-than-truckload[LTL] or package shipments) or purchase insurance (on truckloadshipments). But obtaining this coverage can significantly increaseyour shipping costs. Self-insuring your freight is an option youmight want to consider.

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