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...
Marine Cargo Insurance
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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...
What Does it Mean to Insure Shipment-By-Shipment?
When choosing a cargo insurance policy, it’s essential to look closely at cost and coverage in order to choose the one that is the best fit. Those who rarely ship may financially benefit from...
SRCC and TRIPRA: What Your Insurance Covers
Political unrest and terrorism continue to be a deliberate concern for many businesses. However, there are ways that businesses can mitigate their losses in these situations, specifically by adding...
5 Things to Know Before Importing Personal Protective Equipment
With the increased demand for Personal Protective Equipment, many businesses have begun importing these commodities for the first time. To help get you started, here are 5 things to know before...
[Webinar] Why Are You Paying More For Cargo Insurance?
In a new installment of our educational webinar series, Trade Risk Guaranty explains why importers and currently paying more for cargo insurance and what caused the hard insurance market. Over the...
A Guide to Cargo Insurance for Personal Protective Equipment
Demand for personal protective equipment (PPE) has surged globally for general consumers and medical professionals alike. Many personal protective equipment suppliers are increasing the number and...
Preparing for Supply Chain Disruption in the Wake of COVID-19
While imports of medical supplies and other essential health items are sharply increasing, orders for merchandise imports as a whole are being canceled, slowed down, or sent to warehouses for...
A Timeline of Historic Maritime Disasters – and What to Learn for 2020
Modern technology and safety procedures have drastically reduced maritime accidents over the last 100 years, but shipping disasters can still occur. Here’s a look at some of the most notable...
Double Trouble: M/V Zhen Hua 10 and 23
This shipping disaster includes two separate incidents which occurred right offshore within the period of a month on two of the M/V Zhen Hua vessels. When transporting goods across the ocean, being...