Warehouse cargo insurance coverage has become more challenging to secure as more businesses seek this type of cargo insurance in the hardening market. The Hardening Insurance Market Warehouse...
Marine Cargo Insurance
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What is Warehouse Insurance Coverage?
Warehouse Insurance protects cargo during storage. A cargo insurance policy can be extended to cover additional warehouse coverage, including floods, windstorms, and earthquakes. Policies are...
[Video] What is Defined as a Package? | Carrier Limit of Liability
Federal courts have struggled to provide a clear and specific definition of a package for the purpose of carrier limit of liability. Carriers and their insurers have attempted to limit liability by...
Cargo Insurance Premium Adjustment Options
It’s beneficial for shippers to know what cargo insurance premium adjustment options are available to find the best fit for their business. Marine cargo insurance premiums are generally implemented...
Cargo Insurance Risk Management Options
When insuring their cargo, importers will need to decide what risk management option is ideal for their business. When purchasing Marine Cargo Insurance, Importers must choose if they want to insure...
What is an Endorsement Clause?
An insurance endorsement clause, also called a rider, is an amendment attached to an insurance contract that adds, removes, or changes the policy's coverage. An endorsement clause can be added when...
What is Marine Cargo Insurance?
Marine Cargo Insurance covers the loss, damage, or theft of commodities while in transit between the point of origin and final destination. This is also known as shipping insurance or freight...
Importing For Amazon: 8 Steps to Begin Selling on Amazon
Those who want to sell products manufactured outside the United States using Fulfillment by Amazon (FBA) will need to learn the basics of importing and the steps for becoming an Amazon seller. FBA...
Types of Marine Cargo Insurance Coverage
There is a wide variety of marine cargo insurance coverage options available. Shippers should be familiar with the two primary types that exist to decide what kind of coverage is right for them. The...
Carrier Limit of Liability: Filing a Lost Freight Claim
Filing a lost freight claim with a carrier while only being covered by carrier limit of liability is consistently a losing battle for shippers. Shippers expecting to be fully reimbursed by their...
What is Covered by the Freight Company?
When shipments are lost or damaged in transit, shippers will need to know what to expect from their freight company, or carrier, when filing a claim. Lost or damaged shipments will not be fully...
Carrier Limit of Liability: What is Defined as a Package?
Since the Carriage of Goods by Sea Act (COGSA) was implemented, federal courts have struggled to provide a clear and specific definition of a package for the purpose of carrier liability. The term...