Protect your assets against risks during shipping.
While we take every precaution to protect your assets during shipment, it is the unfortunate reality that certain events are outside of our control. For these reasons, we offer marine insurance coverage to give you the ultimate peace of mind.
Levels of Coverage
There are two levels of coverage available for your shipment, “Standing Coverage” and “All Risk”. Standing Coverage covers events such as accidents on board the ocean vessel, damage related to vessel stranding, the collapse of storage buildings, lightning strikes, earthquakes, and other such risks. All Risk coverage covers all of the items included in Standing Coverage, and additional risks such as theft and vandalism. More information is available upon request.
Policy Premiums & Deductibles
The insurance policy premium is based on the value of the asset being shipped, and the desired level of coverage. A typical premium is between 0.75% and 1% of the value of the asset being insured. Policies typically have a deductible, which is an amount subtracted from a claim payment in the event of a damage claim. A typical deductible is between $250 and $1,000.
Insurance Claim Process
Claims are handled directly with the insurance providers. We work with the most reputable insurance underwriters in the industry to ensure your claim is handled in the event of any damage to your assets. We recommend taking pictures and getting your cargo surveyed or inspected before shipment. This will establish the condition of your item before shipping, and will assist in the process of filing a claim. We can offer inspection services at your request.
We look forward to working with you on your upcoming international shipment. If you have any questions, please reach out to us at firstname.lastname@example.org, or call 1-407-605-RORO. You can also click on the chat icon on this page to be connected directly to a member of our team.