Shipper's interest, motor truck cargo, warehouse legal liability, stock throughput, ocean cargo, and marine liability solve different problems.
Transportation and Marine
Cargo, Transit, and Ocean Marine.
Follow the goods from seller to buyer. Every handoff can change who bears the loss.
Cargo and marine insurance can cover eligible goods in domestic or international transit, while ocean marine may also address hull, earnings, or marine liability exposures depending on the form. Goods, values, route, conveyance, packing, storage, contracts, terms of sale, carriers, accumulation, and losses shape the placement.
Placement context
Facts to confirm before applying.
The most useful cargo submission is a map of responsibility. Where do the goods begin, when does the insured's interest attach, who transports them, where can they accumulate, when does responsibility transfer, and what document proves value? Worldwide cargo is a destination, not an underwriting story.
Coverage scope
What the coverage may address.
Terms of sale, bills of lading, carrier agreements, warehouse receipts, and customer contracts can shift the risk of loss.
Catastrophe accumulation, theft, temperature, contamination, delay, rejection, war, strikes, and concealed damage need review.
Placement factors
Facts that affect placement.
- High-value, theft-attractive, temperature-sensitive, fragile, regulated, or unusual goods
- International transit, complex terms of sale, multiple modes, or difficult territories
- Large port, warehouse, container, or fulfillment-center accumulations
- Adverse cargo losses, contractual liability, reefer breakdown, or stock-throughput needs
Coverage and access are separate questions
Coverage guidance does not confirm a current market route, quote, policy terms, or bind authority for a particular account.
Submission preparation
Prepare a consistent underwriting file.
Account narrative
Trace the cargo, the money, and the contract from origin through final delivery. Quantify the maximum exposure at every handoff and explain how the insured prevents the loss.
Include these facts
- Goods, annual values shipped, maximum value per conveyance, and maximum accumulation
- Origins, destinations, routes, modes, carriers, warehouses, and terms of sale
- Packing, temperature, security, tracking, seals, contracts, and loss-prevention controls
- Currently valued cargo losses plus requested valuation, deductible, territory, and extensions
Resolve these questions before market review
- When does the insured's financial interest in the goods begin and end?
- Where can the largest accumulation occur?
- Which carrier, warehouse, sale, or customer contract changes liability?
- What theft, temperature, contamination, water, delay, or political peril could produce the worst loss?
Submission errors
Avoid these three issues.
- Annual sales presented as the annual value shipped
- No maximum per conveyance or maximum at any one location
- Leaving terms of sale, foreign territories, warehouses, and subcontracted carriers out of the file
Hedge resources
Forms and class guidance for this coverage.
Hedge-owned form
Hedge Commercial Auto and Trucking Supplemental
A fillable Hedge supplemental for commercial auto and trucking operations.
Read and downloadHedge-owned form
Hedge Schedule of Locations Supplement
A fillable Hedge schedule for presenting multiple premises and location-level exposure information.
Read and downloadHedge-owned form
Hedge Loss and Claims Supplement
A fillable Hedge supplement for organizing prior losses, claims, and open-claim detail for wholesale review.
Read and downloadClass appetite
Trucking. small fleet (1-10 power units)
Read the public, directional class guidance and prepare for account-specific review.
Review class guidanceClass appetite
Warehouses & distribution
Read the public, directional class guidance and prepare for account-specific review.
Review class guidanceClass appetite
Ecommerce sellers
Read the public, directional class guidance and prepare for account-specific review.
Review class guidanceRelated coverage
Review related exposures.
Property and Package
Inland Marine
If the property moves, travels, is installed, or sits in someone else's care, the building policy may not be enough.
Open coverageTransportation and Marine
Commercial Auto and Trucking
Vehicles are the schedule. Drivers and operations are the risk.
Open coverageCasualty and Excess
Products Liability
The product is the exposure. The supply chain tells us who owns the failure.
Open coverageHedge review
Send the account for review.
You do not need a perfect packet to start. Send the account, requested line, effective date, current applications, available loss information, and the fact making the placement difficult. Hedge will separate missing information from market-ready information before any account-specific route is confirmed.