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U.S. Group Consolidator, Inc. / Consolidator International Co., Ltd. is able to offer our cilents cargo insurance;
thereby avoiding needless inconvenience and frustration in the unfortunate event a shipment is damaged or lost.

Cargo insurance attaches to the cargo while in transit with coverage being extended warehouse to warehouse. Cargo Insurance pays regardless if the loss or damage was due to the carrier's negligence. Furthermore, cargo insurance provides protection for the full commercial invoice value plus freight and other costs associated with the cargo

Why purchase Cargo Insurance?

• Most carriers are not responsible for loses that are unforeseeable and beyond their control, such as fires, lightning, unseaworghty vessels, collisiions, Criminal acts or negligence
• National and international treaty restrictions limit ocean carriers liability to $500 per package or customary shipping unit (a shipping unit may be defined as one ocean container)
• The maritime law of General Average means that even if your cargo is lost or damaged, cargo owners must pay proportionally for any cargo intentionally or unintentionally thrown overboard, any damage sustained to the vessel and any expenses incurred to save the ship and its crew when in danger
• General Avergage may be declared by the captain and requires you to post a cash bond before receiving your
cargo - even when your cargo is not damaged or destroyed
• On average, a ship sinks every day ... a General Average claim may take up to two years to finalize
• All carriers have a limit of liability.i.e., Ocean carriers, $500.00 per shipping unit, Air Carriers, $ 9.07 per pound
or $ 20.00 per kilo, Truckers, $0.50 per pound
• Ocean carriers, air carriers and truckers are not legally liable for losses outside of their control such as any act of God (hurricanes, lightning, flood, earthquake, tornado, etc. )


 
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