There are things people incorrectly believe about cargo insurance. Regrettably, for a product so many businesses use, there is little training and education given to procure and use it. In this article, I am going to single out the misconceptions I have seen most often over the years. Cargo insurance insures everything to do with… Read More
Category: About Cargo Insurance
Here’s Why You Should Have Air, Land and Sea Cargo Insurance
Whether you’re sending a small shipment a few states away by land or putting together a large shipment that’s going to travel halfway across the world by air or sea, you should always invest in land, air, and marine cargo insurance. You never know what might happen to your cargo while it’s working its way… Read More
Freight theft incidents sharply rise first quarter 2019, the value stolen not so much
Way back in 2014, I wrote a piece called *‘Stealing less and enjoying it more’. In short, the article cited an 11% volume drop in thefts March 2014 through May 2014 in the USA. Although despite the drop in incidents, the value of goods stolen jumped a whopping 89% per theft. The ‘value-versus incident number… Read More
How to Choose the Right Cargo Insurance Company
Choosing the right cargo insurance company to set you up with a cargo insurance policy can be a challenge. Certainly, there are plenty of cargo insurance companies that provide you with excellent service and prices. It can make it tough to track down the one that’s best for your business. Here are some steps you… Read More
Yearly cargo insurance policy or per shipment? That is the question.
One of the questions I am often asked by small to medium-sized importers/exporters is, “Should I use a yearly cargo insurance policy or per-shipment policy for my cargo insurance?” My answer is always a definite, ‘that depends.’ While volume plays a large role in whether a yearly policy or per shipment insurance is the right… Read More
The Two Types of Cargo Insurance That All Shippers Need
If you own a company that provides shipping services to customers, you need to have carrier liability insurance in place. But you also should consider obtaining cargo insurance since carrier liability insurance isn’t going to protect the cargo that you carry from things like accidents, natural disasters, and more. Cargo insurance will offer protection against… Read More
What Is Covered Under a Freight Forwarder Insurance Policy?
There are several types of insurance that you should consider obtaining if you own a company that specializes in shipping and handling cargo. One of the most common types of insurance is called freight forwarder insurance. A freight forwarder insurance policy will cover a number of things. Here are some of the ways it can… Read More
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