Messenger Insurance
Updated: 18 November 2024
What Does Messenger Insurance Mean?
Messenger insurance provides coverage for property that is in transit and under the care of a messenger.
This type of insurance is also referred to as messenger robbery insurance.
Insuranceopedia Explains Messenger Insurance
Messenger insurance provides coverage in the event that insured property is damaged or stolen while in transit. Property owners are responsible for determining the amount of insurance needed to cover the risk. If they choose insufficient coverage, the company may only be reimbursed for a portion of the losses.
Synonyms
Messenger Robbery Insurance
Related Definitions
Related Terms
Related Articles
Insuring Air and Sea Cargo: What You Need to Know Before You Ship
The Future of Insurtech: How Technology is Transforming the Insurance Industry
Interview With Todd Taylor On Strategizing Large Group Health Insurance
Future Trends in Pain Management Billing and Insurance: Adapting to Change
Understanding EPO Health Insurance Plans
Leasing Vs Buying A Car: Which Is Better?
Related Reading
Revealing the Most And Least Popular U.S. Insurance Companies
How to Get Into the Insurance Industry With a Finance Degree