Cargo insurance is an insurance policy taken out to protect against loss of or damage to your goods while they are being transported. The policy is meant to indemnify (make you whole) if there is any loss or damage to your cargo. Cargo insurance would cover the goods while they are being transported over sea, air and land. This also includes parcel post and cargo/packages by courier service.
Although the term “marine cargo insurance” is sometimes used, it actually includes coverage for the land transit commencing from the moment the goods leave the storage until they arrive at the final warehouse.
Witkin Scott Associates, Inc offers free, comparative quotes on Cargo Insurance from multiple insurance carriers so you can get the best possible rate.
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