Cargo insurance provides coverage for your goods while in the care, custody, and/or control of the carrier during transit. The following are several ways to insure your cargo:
ALL-RISK coverage insures approved general merchandise in the event of physical loss or damage from any external cause.
Free of Particular Average (FPA) Coverage
- FPA is limited coverage that usually applies to used merchandise, waste materials and goods shipped subject to an on-deck bill of lading. It covers partial and total losses due to FPA perils. FPA perils include the sinking, stranding, burning or collision of the vessels or catastrophic perils on shore such as earthquake, derailment, collapse of dock, fire, etc.
We are here to assist you and can offer you 2 methods on obtaining cargo insurance through our agency:
- SINGLE SHIPMENT CARGO INSURANCE – available cargo insurance coverage for your individual ocean, air or inland transit shipments, on a per shipment basis. Offers competitive rates. No contract necessary.
- OPEN MARINE CARGO POLICY – an annual policy designed specifically for your business needs; allowing you access to an online cargo program, issuing cargo certificates with ease.
- MOTOR CARGO INSURANCE – Covering the goods that you are transporting inside your trucks