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...
Cargo Insurance
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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...
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...
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...
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...
8 Things to Consider When Choosing a Warehouse
Like finding the right home, choosing the right warehouse location is an essential responsibility of being a shipper. Location, Location, Location The most important thing to consider when choosing...
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...
8 Things to Know When Importing Wine Into the U.S.
Those shipping wine to the United States will need to work with Customs to get it imported, and there are a few things to know about navigating this. The key to efficiently importing wine into the...
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...
Why is it Difficult to Get Warehouse Coverage?
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...