Cargo insurance, also known as shipping, freight, or marine insurance, is the oldest form of insurance. It can be traced back to the Phoenicians, around 1200 BCE. You can’t argue that cargo insurance isn’t a good idea if it’s been around for 22,000 years! Cargo insurance is insurance that guarantees coverage for any damages… Read more »
Tag: cargo insurance
If You Owned the Titanic, How Much Could You Be Sued For?
Stories of the infamous Titanic continue to circulate today, over 100 years after its tragic maiden voyage. This is not only because of the lives lost, but also because of the vast amount of wealth that was claimed by the sea—ultimately leading us to wonder: for just how much could the owners of the Titanic… Read more »
The Rising Problem Of Cargo Theft
Although not commonly made to be public knowledge, cargo theft is becoming a real problem in our country. Cargo shipments produce millions of dollars each year and all too often, the goods being transported by cargo are becoming victim of theft. Cargo theft is characterized by goods being stolen during transport, which is any point… Read more »
Ocean Cargo Insurance: Do I Really Need It?
The What’s, Why’s, When’s, Where’s and How’s of ocean cargo insurance can present a very confusing picture if you don’t do your research. But the truth is that if you don’t have it at all, you could end up partly responsible for the loss of a sunken cargo ship, as well as your own shipped… Read more »
Protect Your Cargo From Organized Retail Theft and Cargo Theft Rings
Organized retail theft and cargo theft rings are a big threat and they’re nothing to joke about (though we probably will make a joke or six by the end of this post). Employee impersonation is a major and effective method for thieves, but with new methods, they’re getting smarter and harder to deter. Instead of… Read more »
The Strangest Things People Insure [Infographic]
Ever have that deer in headlights look before? You just don’t know the answer to the question when your boss calls you out in the meeting? Or you can’t decide if you should “Go Large” on your meal at the fast food restaurant and the cashier is staring at you, tapping her foot below the… Read more »
Watch Out for Carrier Impersonators, Identity Parasites who Steal Cargo
When you hear or read the phrase “cargo theft”, you likely picture a twenties-styled heist, or maybe a sneaky rogue who lifts a few packages in the night. While these things happen, they’re less common than obvious full-truckload theft, which is where you should focus your attention. Few people realize how unfortunate and ubiquitous full-truckload… Read more »