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  • Writer's pictureStephen Fodor

So Cargo Insurance is Too Expensive?

August 5, 2020

Shippers suffered significant loss due to a recent vessel fire in the port of Jacksonville. For those without cargo insurance the odds of recovering even a fraction of their loss are quite slim. Carriers have very limited liability – if you import or export you NEED cargo insurance. Best of all the cost is quite minimal in fact on a shipment valued at $50,000 the cost of insurance would be under $300. Contact us today if you have any questions.

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