by Mona Sohal | Oct 23, 2024 | Shipping Insurance
Key TakeawaysShipping insurance for electronics protects the declared value of your devices against physical loss, theft, and external transit damage.Internal electronic failure without external evidence of package damage is excluded under standard policies, meaning...
by Mona Sohal | Jul 31, 2026 | Shipping Insurance
Key TakeawaysSecuring cargo insurance for Ritchie Bros requires declaring the actual auction invoice value and electing CIF + 10% valuation at the time of booking.Standard carrier liability caps payouts at $4.41 per kilogram ($2 per pound) on a standard bill of...
by Mona Sohal | Nov 6, 2023 | Shipping Insurance
Key TakeawaysHigh value shipping insurance is an All-Risk Shipper’s Interest policy that values goods at invoice cost or CIF + 10% when elected at booking.Standard carrier liability caps payouts at $4.41 per kilogram ($2 per pound) on a standard bill of lading,...
by Mona Sohal | Jun 23, 2025 | Shipping Insurance
Key TakeawaysAerospace shipping insurance values your goods at invoice product cost or CIF + 10% when elected at booking, avoiding standard weight-based carrier liability limits.Standard carrier liability caps payouts at $4.41 per kilogram ($2 per pound) unless a...
by Mona Sohal | Jul 12, 2024 | Shipping Insurance
Key TakeawaysValuable shipments require specialized packaging, discreet labeling, and proactive tracking to mitigate the severe financial risks of transit damage and cargo theft.Standard carrier liability caps payouts at $4.41 per kilogram ($2 per pound), leaving...
by Mona Sohal | Jul 9, 2025 | Shipping Insurance
Key TakeawaysShipping insurance is a dedicated financial policy that protects the declared value of your goods against physical loss or damage during transit.Carrier liability caps payouts at $4.41 per kilogram ($2 per pound) on a standard bill of lading, unless a...