We all know that accidents happen. We have seen the news of vessels hitting bridges, ships on fire, containers collapsing—so what do you do if it’s your shipment?
In the event of a container vessel accident, the vessel owner and shippers with cargo on board share the costs of recovery, known as general average. Do not rely on property riders or self-insurance—they do not cover maritime risks or general average. Instead, protect yourself with a marine cargo insurance policy.
Our Marine Cargo Insurance protects your shipments from unforeseen events. We provide coverage for a range of risks to ensure comprehensive protection for your shipments.
- general average charges
- repair and salvage costs
- cargo damage and loss
- delay and demurrage charges
Remember, the Carriage of Goods by Sea Act (COGSA) limits the liability of ocean carriers and NVOCCs in certain circumstances. Avoid getting stuck with unexpected costs—secure your shipments with marine cargo insurance. Get a quote today and ensure your shipments are protected from the what-ifs.