With the Christmas season (yes I said that word!) just around the corner it not only is a time that we start to gear up to get all the Christmas cheer stocked up and gifts for under the tree, but also a time for criminal minds to be at their peak! What a season to shop for loaded trailers full of goodies that make thieves pockets jingle and hard working innocent people suffer. The last consideration a thief will have is how the company responsible for the freight (or the individual) will suffer by way of insurance deductible or the impact the loss will create with their insurance rates.
Everyday is a good day to practice risk management, however theft losses tend to rise a couple months before Christmas as stores start to stock their shelves.
The message is simply to be aware. Have discussions with drivers and employees to take extra precautions to ensure the safety of the load.
As a final comment, with the season just around the corner many transportation firms are generous and loan equipment for local organizations for Christmas parades. If so, this would also be the time to start discussion with your insurance Broker on procedures and how this relates to your insurance programme.
Linda Colgan is a Transportation Insurance Advisor with Bryson & Associates Insurance Brokers. To contact Linda call 416-809-3103 or email email@example.com