What it covers
This specifically covers your property in the shipping container during ocean transport through ground transport to your warehouse.
Why you need it
Cargo insurance coverage can be extremely important for e-commerce companies and especially for those which have their product inventory shipped directly to their warehouse. In many cases, the ownership of inventory is transferred to the store owner the second it’s loaded on the truck, boat, train, or plane transporting it. In this case, the e-commerce company is responsible for any loss, including from theft or damage, of their inventory. Therefore, because the inventory isn’t at the company’s warehouse yet, any property policy will not respond. This is precisely where a cargo policy addresses any potential loss.
Connect with us and find out if you have all the coverage you need at the best possible rate.
Well Insurance was founded by established Independent Insurance Agents and a successful eCommerce Seller to meet the growing needs of successful online sellers. We understand the unique risks and exposure that sellers face. Well Insurance provides the expertise necessary to protect your business assets so you can focus on growing your business. We partner with the most world renowned underwriters to provide you with the best possible coverage to fit your companies growing needs.
Phone: (855) 324-0911