by shipsimple | Oct 9, 2026 | Shipping Insurance
Key TakeawaysA lost package claim requires you to wait until the expected delivery date has passed; delay itself is not an insured peril.If a package never arrived but tracking shows it was dropped off, coverage has ended; doorstep theft is not covered by transit...
by shipsimple | Oct 7, 2026 | Freight Insurance
Key Takeaways Intermodal shipping is highly secure on the main track, with non-main-track derailments in yards and sidings accounting for 35 percent of Canadian rail accidents. Freight damage concentrates at the physical handoffs, particularly during port terminal...
by shipsimple | Oct 5, 2026 | Freight Insurance
Key TakeawaysA standard freight damage claim is capped by weight under the bill of lading, not by the commercial invoice value of the goods.Standard carrier liability is commonly limited to $4.41 per kilogram ($2 per pound), meaning a destroyed 500 kg pallet yields a...
by shipsimple | Oct 2, 2026 | Freight Insurance
Key TakeawaysCanada’s cargo recovery rate fell to just 9 per cent in 2025, making cargo theft a near-certain total financial loss for uninsured shippers.The cargo theft holiday season peaks dramatically at year-end, with December 23 identified as the single...
by shipsimple | Sep 30, 2026 | Shipping Insurance
Key TakeawaysPeak season shipping costs escalate rapidly in Q4 as carriers implement seasonal fees and logistics networks reach maximum capacity.A carrier surcharge is a sunk cost that never comes back, while an insurance premium buys a claim payout if a covered...
