Why Cargo Insurance Might Be The Most Important Policy For Your Business
Posted: April 10, 2024
Every month or so it seems we hear about another incident involving a cargo ship, resulting in a substantial financial loss. The recent Baltimore tragedy is bringing into question by some yet again the safety of commercial shipping, and it wasn't that long ago when over 1800 containers were lost at sea in a Pacific storm, causing almost $100 million in cargo losses alone. Forecasters...
What Is Cargo Insurance and Why Is It Important?
Posted: February 4, 2022
Transporting goods carries risks. Any number of things can go wrong with goods in transit. That is what makes cargo insurance so important. It can help protect the value of your goods against losses in transit by sea, air, or rail. Cargo insurance provides protection against financial loss for cargo that is lost or damaged due to a covered event. These typically include natural disasters,...