Why Equipment Insurance for Liquidation Matters
- Accidents happen: Forklifts tip, straps snap, and machinery falls during rigging.
- Environmental risks: Rain, wind, or heat during transit can damage sensitive devices.
- Theft is real: Unattended loads or cross-country routes carry risk.
- Carrier liability is limited: Most freight companies only cover $0.50–$2.00 per pound — far below equipment value.
When to Consider Insurance
We strongly recommend coverage when:
- Asset value exceeds $5,000
- Equipment is fragile, calibrated, or custom-configured
- Shipment is international
- Buyer requires insurance for compliance
Types of Insurance Coverage
- Removal Liability: Covers damage during deinstallation, rigging, or packing
- Transit Insurance: Covers damage, loss, or theft in transport
- All-Risk Coverage: Full protection from pickup to delivery
- Declared Value vs. Replacement Cost: Choose based on risk and value sensitivity
How Surplus Cascade Adds Value
- Vetted carriers only: We work with trusted freight companies that meet insurance standards
- Optional coverage: We can quote custom insurance packages per sale or project
- Claims support: Need documentation? We help with COIs, declarations, and disputes
- International logistics: We coordinate marine cargo insurance and customs compliance
Who Pays for Insurance?
Responsibility depends on contract terms:
- Sellers typically insure during removal and rigging
- Buyers often insure outbound freight post-pickup
- Shared coverage may be negotiated for high-value shipments
Final Thoughts
Removing or shipping valuable equipment without insurance is a gamble. With the right protection, you avoid financial loss, legal disputes, and damaged relationships.
Surplus Cascade makes equipment insurance simple — so you can focus on results, not risks.
📧 Email sales@surpluscascade.com
🌐 Visit www.surpluscascade.com for insurance options and secure logistics support.