Alaska Air Cargo’s Basic Carrier Coverage for lost or damaged goods, if caused by our negligence, is limited to $.50 cents per pound, and a minimum of $50 per shipment. For more information on this limitation, please refer to the Alaska Air Cargo conditions of contract here.Declared Value
Declared Value coverage allows you to increase the value of your goods up to its actual verified value. Keep in mind that Declared Value coverage only covers loss caused by the negligence of Alaska Air Cargo. Losses caused by other factors are excluded from coverage.When Should You Consider Declared Value Coverage?
We generally recommend considering Declared Value for any shipments of perishable items such as seafood, flowers, produce etc. and live animal shipments.Is a Customs Value Declaration the Same as Declared Value Coverage? A customs value declaration on an air waybill is different from Declared Value Coverage. It is required to declare a value on an air waybill for international shipments clearing customs. However, this listing does not create additional coverage. Only paying for Declared Value Coverage will ensure this coverage is applicable. Understanding All Risks Insurance Coverage All Risks Insurance is the broadest insurance you can obtain to cover your shipment. In simple terms, all unnamed risks are automatically covered, whether it is the fault of the carrier or something due to unavoidable situations, such as weather. Practically speaking, it generally covers all losses to your shipment, although there are some specifically excluded losses or perils that will limit the coverage. One common exclusion is loss caused by improper packaging. It is important to read the terms and conditions of the policy offered by the insurer to understand the coverage and exclusions. When Should You Consider All Risks insurance? We generally recommend All Risks Insurance for any shipments of dry goods. Perishable shipments and live animal shipments are not eligible for All Risks insurance.