Friday, September 6, 2024

Shippers Insurance Program Finds Opportunity for Additional Profits with Third Party Shipping Insurance Options

In today’s economy, plagued by increased overhead and general inflation of goods and services, seeking out all avenues to increase profit margins is critical to keeping businesses operating and profitable. While some costs are fixed and do not allow room for adjustment, an often-overlooked strategy to find hidden profit potential is in evaluating shipping insurance options with third party insurers like Shippers Insurance Program.

Since 1998, family-owned Shippers Insurance Program (SHIP-INS) has been providing insurance coverage at significant savings for companies who ship outbound and inbound shipments with UPS, Federal Express, Air Freight and LTL Truck carriers. Their program does not require any contracts. There are no monthly minimums, hidden fees, or surcharges, and can realize additional profits in shipping insurance of 50%-70%. SHIP-INS is known for their excellent customer service with all claims paid on a weekly basis, so when you need to file a claim, there is no extended wait time to receive compensation for any lost or damaged packages. The program also utilizes the customer’s existing software, so there is no added expense of purchasing new or specific software to use SHIP-INS services.

While the cost savings can be significant, the process to use SHIP-INS is simple. Each month, customers email a report of their shipments to Shippers Insurance and are then invoiced at a rate based solely on what they have shipped during that time and often between 50%-70% less than what is charged by the carriers. Plus, customers of SHIP-INS can continue to invoice their customers at the carriers’ insurance rates, adding instant profits to their shipping department.

Shippers Insurance Program offers a more efficient and profitable way to do business without sacrificing the much-needed coverage when shipping your products. With outstanding customer service and a simple claims process, Shippers Insurance can increase your shipping profit margin and give you peace of mind that you are covered when shipping mishaps occur.

For more information or to obtain a quote visit www.shipins.com.