Peace of mind. That is what it comes down to – feeling like you’re protected. Not to sound like an insurance commercial (sortedcorty.com is not affiliated with any insurance company) but protecting your property is just common sense. When planning to ship your Cortina to the US there are a number of questions that will come to mind. What does cargo insurance cover? Cargo Insurance covers loss and/or damage of cargo while it is in transit between the points of origin and final destination. The transportation modes of the goods cargo insurance covers are by sea, air, and land.

All images are the property of their respective owners and are not the property of sortedcorty.com

Peace of mind. That is what it comes down to – feeling like you’re protected. Not to sound like an insurance commercial (sortedcorty.com is not affiliated with any insurance company) but protecting your property is just common sense. When planning to ship your Cortina to the US there are a number of questions that will come to mind. What does cargo insurance cover? Cargo Insurance covers loss and/or damage of cargo while it is in transit between the points of origin and final destination. The transportation modes of the goods cargo insurance covers are by sea, air, and land.

Please consult an insurance professional for detailed information and do not rely on this blog post as legal advice.

You might ask yourself why not save a few bucks on an international shipment by skipping the insurance. Why not? I take similar risks with car rentals. Importing and exporting goods is not like renting a car. Your shipment isn’t going to just fall under your previously held insurance. There are many dangers in international shipping for your cargo from wrecks to turbulence to pirates. Yes, piracy still exists on the sea’s of today. Protecting the value of your goods is the primary benefit of Cargo Insurance. While you have the option of sending your freight without any insurance, if you do so you would bear the entire financial cost in the event of damage or loss of your shipment. You do have legal recourse against the carrier, but this can be a lengthy and complicated process, and international law strictly limits carrier liability, according to SITPRO, an export facilitation company in the United Kingdom.

It is never a good thing to be a castaway! Especially if you are a classic British saloon!

Ok so Cargo Insurance is essential – and there are different types. Policies are available to protect your goods while in transit on the ship, but damage can occur while the ship is in port, while the goods are in transit to the warehouse or while at the warehouse itself. Cargo Insurance Policies can be endorsed to cover all these instances, or a policy can be purchased individually to provide cumulative coverage for all locations of your goods. The most comprehensive type of Cargo Insurance is called All Risks Coverage. If you are shipping Household Goods, Personal Effects, or Vehicles, all risk insurance is only available if the container is professionally packed and loaded by a professional company (not the actual customer). Otherwise, the shipment is only insured for very a limited “WA coverage”. Certain commodities, like household goods mentioned above, will have different terms and rates. You’ll want to speak with the sales representative at the freight forwarder or insurance company about the specifics of your import or export shipment.

Hopefully the owners of these vehicles had Cargo Insurance!

So a wise person might ask what is NOT covered by cargo insurance. Most Cargo Insurance Policies do not reimburse for losses caused by improper packing or when customs officials reject the delivered goods. Other claims that are excluded from most Cargo Insurance Policies include: abandoned cargo, other party failing to pay, spoilage or other damages due to the product’s nature, losses caused by shipping delays, employee dishonesty, damages at port cities more than 15 days after cargo was unloaded.

For specific reasons with examples please check out this page from our friends at Universal Cargo.