Cargo Insurance

This insurance covers hauled cargo for risks of physical damage. Low-value cargo being transported short-to-medium distances is relatively easy to insure. However, large shipments of expensive merchandise or hazardous cargo hauled over long distances may be insurable only through underwriting specialists.

Difficult-to-insure commodities include valuable breeding animals, bullion, money, precious metals, securities, fine arts and jewelry, cotton, eggs in shells, explosives, mobile homes, hazardous materials, race horses and show animals. Coverage is usually written for the value of the cargo.