Questions ? 1-877-333-9119
Español

Cargo Insurance for Marine, Land and Air Shipments

Cargo Insurance is an essential component to the shipment of goods anywhere in the world. International law and domestic law create limits to the liability of shipping companies, these limits are usually far below the value of the merchandise being transported in order to reduce transportation costs. The following example explains very clearly why the law protects shipping companies:

When liability of the shipping company is limited to $500 per package, shipping a container of computers is the same price as shipping an equally sized container of bricks. If the law did not work that way, it would be far too expensive to ship computers and high value items. Freight would be so expensive that it would disrupt the global economy.

The above example is one of the easiest ways to see why cargo insurance is absolutely necessary for any cargo shipments. If your merchandise/vehicles/ equipment/etc. are worth more than $500 per package/each, there are very few circumstances in which you could recover your investment after an accident or loss and the law is not on your side. The only way you are protected is when you have all risks and full coverage cargo insurance from a quality and reputable company like Anova Marine.

Cargo insurance protects the owner of the goods for the full value of their investment against all risks and can include not only the full value of the goods, but also the cost of shipping, duties, and also up to 10% or even 20% extra to cover anticipated profit. The certificate/policy is issued via the shipping company's open account directly to the end customer, thus avoiding complicated liability arguments and allowing for a swift and direct settlement of the loss. Rates are very competitive and affordable, thereby making cargo insurance an affordable and necessary component to shipping cargo anywhere in the world.
 

 Cargo Insurance covers the owner of the goods for the full value of their investment against all risks from door to door around the world. It is a primary coverage that doesn't rely on fights over liability and wasting time and expense litigating. 
 Without Cargo Insurance, the cargo owner can only recover a fraction of the value of their goods in case of an accident or loss. Cargo Insurance is the only true way to protect themselves.
 Anova has designed its own "ALL RISKS" cargo insurance terms called "ICC PLUS", an expanded version of the most used global cargo insurance terms, the Institute Cargo Clauses "A", thus fulfilling letter of credit requirements.
 Anova has unique capabilities that are usually only found with national marine insurance brokers. Things such as its own online cargo insurance portal, underwriting authority, claims authority, and ability to access ultra high limits and some of the world's largest insurers on a direct basis.

Project Cargo

Learn more about Anova's unique abilities and approach to Project Cargo Insurance. With access to some of the world's highest capacity insurers on a direct and admitted basis, Anova is unique in its ability to provide fast, easy, and affordable project cargo insurance with unmatched quality and expertise. 

DOWNLOAD BROCHURE  

Anova Cargo Insurance

With our ability to issue Anova designed all risks coverage terms as well as pay claims under our own authority, Anova is unique among boutique brokerages in the marine cargo field. We are able to combine those capabilities usually only found in national brokers together with the local service of a boutique specialist. 

DOWNLOAD BROCHURE  
HIDE
877 295 9997
Phone

Miami Headquarters
10705 NW 33 Street
Miami FL 33172
Suite 140

New Jersey Office
221 River Street
9th Floor
Hoboken, NJ 07039
Miami Headquarters
10705 NW 33 Street
Miami FL 33172
Suite 140

New Jersey Office
221 River Street
9th Floor
Hoboken, NJ 07039


For our overseas offices and correspondents please click here

Contact Us