Domestic Cargo Theft has become a growing concern throughout the United States as the number of incidents continue to rise in 2024. When companies import goods into the United States, they typically...
Marine Cargo Insurance
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What Factors Affect the Cost of Warehouse Insurance?
Make sure you are getting the most competitive quote possible by learning what affects the cost of warehouse insurance. Ensuring the safety of stored goods and mitigating potential risks is...
Who Pays for Cargo Insurance?
The process of shipping goods into the United States includes a lot of grey area in who is responsible for what, so who pays for Cargo Insurance to protect your goods in transit? Ensuring the safety...
Navigating U.S. Food Imports: Customs Bonds and Cargo Insurance
In the intricate dance of global trade, food imports into the United States is a performance that requires precision between the requirements of government agencies and the security of your...
Marine Cargo Insurance vs. Air Cargo Insurance: Clarifying the Coverage
Is there a difference between marine cargo insurance and air cargo insurance? It's a question that often arises in the world of logistics and shipping, and it's essential to clear up any...
[Webinar] How to Lower the Cost to Protect Your Warehouse
In a recent webinar, Trade Risk Guaranty discusses the rising cost of property insurance and how to lower the cost of your warehouse insurance policy. Over the course of the past 10 years, there...
What To Do Now That Shipping Container Rates Have Dropped
At the end of 2022, there was a significant drop in shipping container rates to the point that they are back to pre-pandemic levels. But what should your business do now? The shipping container...
[Webinar] The Risks of International Shipping & How to Protect Yourself
Trade Risk Guaranty hosted a recent webinar featuring two marine cargo insurance experts as they discussed the unavoidable risks of shipping internationally. Every business that ships goods into and...
Hard Market Versus Soft Market: The Cycle of the Insurance Industry
The insurance industry goes through distinct cycles that impacts the price and availability of insurance policies. The phases of these cycles are known as either a soft market or hard market. Like...
General Average and the Re-Floating of the Ever Forward
The Ever Forward ran aground in the Chesapeake Bay and sat stuck for over 30 days with the rescue operation resulting in the declaration of General Average. General Average was declared for the...
Filing a Claim: Cargo Insurance VS Carrier’s Limit of Liability
Comparing the process of filing a claim with an annual cargo insurance policy versus when relying on the Carrier's Limit of Liability can help importers choose the best option for them. Experiencing...
2021 General Average Events: Year-End Wrap Up
Get an overview of the 2021 General Average events to better understand the frequency of these occurances. A frequent question we receive when talking about General Average is "how common is it for...