In an educational video, Trade Risk Guaranty covers the process of filing a claim under your carrier's limit of liability. There is a widely misunderstood belief that a freight carrier is...
Marine Cargo Insurance
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The History of Piracy in International Trade
To better understand and mitigate the threat of the pirates, it helps to better understand the history of piracy in international trade. The history of piracy has struck fear into the hearts of...
What Insurers Want to Know Before Insuring Your Warehouse Goods
Numerous factors go into the decision for an insurer to offer a quote for warehouse cargo insurance coverage. Let’s discuss what they want to know about your business. Warehouse Insurance protects...
What Shipping Method is Right for Me?
Every importer has different needs when shipping goods to the United States, and it’s important they use the ideal shipping method for their business. Choosing a Shipping Method When shipping goods...
How Long Does it Take to Settle a Marine Cargo Insurance Claim?
There are few absolutes when it comes to marine cargo insurance claims. When shipping internationally, each circumstance is different. Therefore, processing and finalizing a claim varies in the...
Importing for Amazon | Transit Timeline
If you import goods into the United States to be sent straight to an Amazon fulfillment center, the transit timeline can differ based on various factors. Amazon Marketplace is an excellent place for...
Marine Cargo Insurance Quote Flags Explained
When you apply for a marine cargo insurance policy, the insurer will bring any aspects of your business that could require unique coverages or conditions to your explicit attention before finalizing...
Importing for Amazon | Securing a Cargo Insurance Policy
Securing a marine cargo insurance policy can mean the difference between completely losing the value of a shipment and being fully protected in the event of loss or damage of FBA merchandise. What...
What is an End of Policy Adjustment?
When your policy expires, your marine cargo insurance provider will review the estimated shipping amount you initially provided compared to the actual volume of cargo you shipped through the year....
Suez Canal Blockage Results in General Average
The Suez Canal was blocked for six days between March 23rd and 29th, 2021, after the accidental grounding of a cargo ship known as the Ever Given. General average has officially been declared as a...
What is a BOR Letter?
BOR letters legally determine the insurance agent allowed to send quote applications to insurance companies on your behalf. A Broker of Record (BOR) letter is a contract where someone designates an...
Top 5 Factors That Impact Cargo Insurance Costs
Marine cargo insurance costs are impacted by things specific to an importer’s individual business. There are specific risks insurers evaluate when shippers apply for coverage. Marine Cargo Insurance...