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Ocean Freight 2026: General Average and Why Every Shipper Needs a Policy

Ocean Freight 2026: General Average and Why Every Shipper Needs a Policy

by shipsimple | Mar 11, 2026 | Shipping Insurance, Marine Cargo

Ocean Freight Insurance is a specialized, all-risk maritime policy designed to protect shippers from catastrophic financial loss during seaborne transit, explicitly covering total physical destruction and shared liability declarations like General Average....
Section 122 Tariffs and Cargo Valuation: Are You Insuring the Duty or Just the Goods?

Section 122 Tariffs and Cargo Valuation: Are You Insuring the Duty or Just the Goods?

by shipsimple | Mar 10, 2026 | Shipping Insurance, Marine Cargo

The ultimate executive answer to mitigating tariff-related cargo exposure lies in proactively structuring your insurance to cover the fully landed cost, definitively including all non-refundable duties. If your logistics risk model only insures the commercial invoice...
Freight Fraud Prevention: Master 100% Protection Against the $273,990 Theft Crisis

Freight Fraud Prevention: Master 100% Protection Against the $273,990 Theft Crisis

by shipsimple | Mar 9, 2026 | Shipping Insurance, Freight

Key Takeaways The Uncomfortable Truth: In 2026, the national cargo recovery rate in Canada has plummeted to just 9%, as organized crime rings now use ‘secondary vehicle transfers’ to disperse stolen goods within minutes of a fictitious pickup. The...
Freight Shipping: Master Actual Value Protection, Beyond the  $2.00/lb Carrier Limits

Freight Shipping: Master Actual Value Protection, Beyond the $2.00/lb Carrier Limits

by shipsimple | Mar 8, 2026 | Shipping Insurance, Freight

Key Takeaways The 2026 Liability Paradox: While the average value of a Canadian LTL pallet has increased by 22% since 2023 due to high-tech manufacturing, the standard carrier liability has remained stagnant. This creates a ‘Valuation Gap’ where a...
Intermodal Cargo Insurance: Prevent 98% of Devastating Rail Sabotage & Theft

Intermodal Cargo Insurance: Prevent 98% of Devastating Rail Sabotage & Theft

by shipsimple | Mar 6, 2026 | Shipping Insurance, Freight

Key Takeaways The Uncomfortable Truth: In 2026, standard rail carrier liability often caps at a mere $0.50 per pound, meaning a container of semiconductors worth $1M is only protected for roughly $20,000 – a 98% coverage gap that most shippers ignore until...
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