End-to-end supply chain protection
Comprehensive coverage for goods in transit
From raw materials to finished inventory, every stage of shipping introduces unforeseen risks. Our specialized policies shield your bottom line against physical loss, theft, and freight damage. Cargo coverage can be structured for domestic, transborder, global supply chain and multi-modal transportation exposures.
Ocean freight
Protect international cargo against physical loss or vessel accidents during maritime transit. This coverage extends to heavy weather, jettison, general average contributions and may respond to salvage charges.
Inland marine & land transit
Cover goods transported by truck, trailer, or rail against collision, overturn, theft, and fire. This ensures continuous freight protection across domestic and transborder trade routes. Coverage can be tailored for owned goods, sold goods, customer property and high-value shipments.
Air cargo protection
Safeguard high-value or time-sensitive shipments transported via commercial air freight against physical loss, handling damage, or theft during transit and airport transfer.
Warehouse & temporary storage
Extend protection to inventory stored temporarily in logistics warehouses, distribution hubs, or customs holding facilities while awaiting final delivery or ongoing transport steps.
Theft & pilferage
Insure against full freight loss or partial inventory theft during transit. This protects your financial investment against hijacked vehicles, compromised cargo seals, and facility break-ins.
Loading & unloading operations
Offset financial losses caused by physical damage during loading or offloading. This protects inventory against accidental drops, forklift impacts, and mishandling.
The Navacord advantage
Strategic risk advice for complex supply chains
We combine deep cargo underwriting relationships with freight risk analysis to protect your inventory across every leg of the journey.
Route & valuation strategy
We analyze your transport modes, high-risk trade corridors, and peak cargo limits to structure cost-effective freight protection.
In-house claims advocacy
Our dedicated marine and transit claims team supports you through the process to ensure fast, fair freight loss settlements.
Cross-industry expertise
Connect with specialized advisors who understand complex logistics, manufacturing, wholesale distribution, and international trade risks.
Learn from our cargo insurance experts
Many cargo losses aren’t caused by a major disaster. They’re the result of overlooked contract terms, undervalued shipments, or gaps in coverage along specific trade routes. We work with clients to assess carrier agreements, validate cargo values, identify supply chain vulnerabilities, and build coverage that reflects how their goods actually move from origin to destination.
FAQs about cargo insurance
Standard carrier liability is strictly limited, often paying only pennies on the dollar based on weight rather than actual value. Cargo insurance covers the full financial valuation of your freight against physical loss, theft, or damage, regardless of carrier fault.
Coverage is typically written on an agreed-valuation basis. This calculation combines the commercial invoice value with freight costs, duty fees, and an additional 10% to 20% for anticipated profits.
Yes. Policies can be customized for domestic Canadian transit, transborder transport into the US, or international ocean and air routes involving complex multi-modal freight shipments.
General Average is a maritime rule requiring all cargo owners on a ship to share the loss if freight is sacrificed or costs are incurred to save the vessel. Cargo insurance pays these mandatory financial contributions on your behalf and posts the required guarantees to release your goods.
No. It’s equally essential for manufacturers, wholesalers, importers, exporters, and retailers who own the goods being transported by third-party logistics (3PL) carriers or private fleets.
