Cargo Insurance

Shipper's Interest Cargo Insurance (1st Party Coverage)

Per Tariff, maximum liability to the carrier is $500/[package. A package is defined as per pallet number. At the option of the shipper, we offer additional coverage as outlined below.

Limits

The shipper can declare a value up to $3,000,000.

Conditions

You have the option of warehouse-to-warehouse, with all risks covered per London Institute Clauses.

Rate

You can secure a rate of up to 0.50% of the declared value.

Deductible

You can deduct up to 2.5% of shipment cost ($500.00 minimum) for shipments of $50,000.00 or less and up to $5,000.00 for shipments valued $50,000.00 or greater.

Please contact traffic@coastaltransportation.com for more detailed insurance coverage information.