What could a shipper fail to protect if they neglect to verify a carrier's insurance?

Prepare for the Certified Export Specialist Test. Use flashcards and multiple-choice questions, each with hints and explanations. Get ready to excel!

When a shipper neglects to verify a carrier's insurance, they primarily put themselves at risk regarding cargo loss and damage. Proper insurance coverage provides financial protection in the event that the goods are lost, damaged, or destroyed during transit. If a carrier does not possess sufficient insurance, the shipper may not be compensated for the loss, leading to significant financial implications and the potential inability to recover the value of their shipment.

While customs delays, payment disputes, and shipment delays can impact the shipping process, these issues are not directly related to a carrier's insurance. Customs delays are typically tied to regulatory compliance and paperwork accuracy, payment disputes arise from financial agreements and terms, and shipment delays can result from logistical challenges. Therefore, verifying a carrier's insurance is crucial to safeguarding the cargo itself against loss and damage.

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