Cargo insurance covers against physical loss or damage from natural or external causes while your cargo is in route to its final destination.
Cargo insurance coverages against a wide variety of caused. Coverage includes (but not limited to), container theft, natural disasters that damage product inside a container, fires caused by combustion from neighboring containers, water damage from humidity inside the container, etc.
Click the button below for a free cargo insurance consultation.
To receive compensation from a carrier for the financial loss due to damaged cargo, you must prove they're negligent.
Coverage under cargo insurance does not require proof of negligence. See below for coverage under cargo insurance vs carrier liability.
Cargo Insurance - Yes.
Carrier liability - No.
Cargo Insurance - Yes.
Carrier liability - No.
Cargo Insurance - Yes.
Carrier liability - No.
Cargo Insurance - Yes.
Carrier liability - No.
Cargo Insurance - Yes.
Carrier liability - No.
Containers transported in total.
Container ships on the water every day.
Cargo valued at more than $7 trillion.
Containers lost increased 400% from 2020-2021.
Click the button below for a free cargo insurance consultation.
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