You can’t control what happens to your shipment while it is in transit. Whether it’s improper handling, stowage, or loading of your shipment… or your shipment of product faces heavy weather during its long voyage… or only part of your shipment arrives at the intended destination… These are a few of the many perils that exist during transit that can endanger your shipment from arriving at its destination safely. This is why it’s important to have the right insurance protection.

Our marine cargo specialists are at the helm to provide customized insurance solutions to help protect your cargo in the event your shipment isn’t lucky enough to evade the many perils faced in transit.

Marine Cargo Ship

Comprehensive Marine Cargo/Transit & Stock Throughput Insurance

Our Marine Cargo/Transit Policy provides coverage for physical loss or damage to goods/merchandise while in the ordinary course of transit. This coverage is available as an open cargo policy, or it can be offered on a per shipment basis.

In addition, we can extend the marine cargo/transit policy to also cover goods/merchandise while at exhibitions, trade fairs, and while in storage as inventory. This coverage extension, wherein we cover product while in transit and storage, is commonly referred to as a Stock Throughput Policy.

Why Choose Great American Marine Cargo Insurance?

Cargo Capacity

  • Transit: $25,000,000 per conveyance (maximum)
  • Storage/Inventory: $25,000,000 per location (maximum)
  • Ability to write 100% of risk and as quota share participant (both as lead and/or follower)
  • Capacity for Multinational Programs

Coverage Offerings for Freight Forwarders / Logistics Providers

  • Shipper’s Interest
  • Cargo Legal Liability
  • Bailee Liability
  • Indirect Air Carrier Liability
  • Motor Truck Cargo Legal Liability
  • NVOCC (Non-Vessel Operating Common Carrier)
  • Warehouse Legal Liability

Excess Coverage

  • Transit Only
  • Transit & Storage/Warehouse
  • Storage/Warehouse Only - can consider on case-by-case

Note: Property & Casualty Coverages are also available for our cargo clients

Who We Serve

Our Tailored Cargo Insurance Products are available for:

Cargo (First Party)

  • Importers/Exporters
  • Manufacturers
  • Retailers
  • Wholesalers
  • Distributors/Suppliers
  • Multinational companies
  • Business-to-business internet sales
  • Freight Forwarders
  • Air Cargo Carriers
  • Small businesses to Fortune 500 Companies

Legal Liability

  • Logistics Company
  • Freight Forwarders
  • Ocean Cargo Carriers
  • Air Cargo Carriers
  • 3rd Party Logistics Providers

Marine Cargo Insurance FAQ's

Why Choose Great American Marine Cargo?

Our team prides itself on our ability to provide bespoke & comprehensive coverage solutions for your clients’ unique exposures. No two clients are alike, and neither are their cargo policy needs. We act as trusted advisors, working together with our valued customers to provide best in class underwriting expertise, specialized marine specific products and outstanding claims service.

When working with us, our Insureds benefit from:

  • Superior Expertise – seasoned Cargo underwriting and claims staff
  • Ability to issue online certificates of insurance and shipment reporting
  • Subrogation and Recovery
  • Risk Control / Engineering

Contact us today to learn more or to start the application/questionnaire process.

To learn more about our coverage options, contact us today:

KB

Keith Blair
Divisional Vice President - Business Development

BM

Becky Marrero
Business Developer Specialist

LC

Leslee Cruz
Associate Underwriting Supervisor