Everyone in the world including industrialists, major corporations, and even families at home rely on trucking companies to haul goods and products all over the world. While ubiquitous freight companies want your business, it doesn’t mean all of them are reliable. Remember, this is your cargo, your assets; you can afford to be as discerning… Read more »
Category: About Cargo Insurance
Understanding Risks & The Importance of Cargo Insurance
Do Not Overlook Cargo Insurance Cargo Insurance is crucial due to the current act that limits uninsured ship-owners to $500 per unit. It does not matter if you have $200,000 worth of equipment inside of that unit; you will only receive $500 for that “container”. The limits set in place by the Hague/COGSA act protect… Read more »