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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...
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...
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....
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...
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...
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...
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...
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...
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](https://traderiskguaranty.com/trgpeak/wp-content/uploads/2020/12/thumbnailcll3.jpg)
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...
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...
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...