Marine Transit Insurance
What is marine Transit Insurance?
Marine Transit insurance is designed to provide protection for your stock / goods against loss or damage that occurs whilst they are in transit.
A Marine Transit insurance policy provides cover whilst your goods are being transported in Australia and whilst being imported and/or exported.
Goods can be insured when carried by air, land, rail and sea. You can also obtain cover for your goods whilst they are temporarily stored in warehouses and at exhibitions.
What does Marine Transit Insurance Cover?
Marine Transit Insurance needs to be tailored to your specific needs. Your broker will be able to discuss the following covers with you:
Accidental Damage
Insured Events
Collision
Loading & Unloading
Malicious Damage
Marine Cargo
Marine Liability
Inland Marine
Do I need Marine Transit Insurance?
If you are involved in the Transportation of goods we would strongly recommend that you protect yourself with a Marine Transit Insurance policy.
Many people assume that the freight company they use will hold their own insurance, but this is a risky strategy.
Even if the freight company do hold insurance for your goods being carried, they have a number of restrictions and limitations in place. If they were found to be not negligent, their policy would probably not respond in the event of:
- Fire
- Explosion
- Grounded Vessel
- Weather event
- Containers falling overboard
- Unattended theft
How much does Marine Transit Insurance Cost?
The cost of Marine Transit Insurance depends on a variety of factors.
The main rating factors include:
- Annual Sending’s
- Limit per Consignment
- Geographical Area
- Type of goods carried
- Claim History
- Market Conditions
The Insure Gold Coast Difference
At Insure Gold Coast we have extensive understanding of Marine Transit Insurance market.
We will provide the most comprehensive insurance together with the highest level of personal service.
We can save you money by taking the time to put together a tailored insurance program and are happy to arrange a visit to your property to ensure that we fully understand your requirements
We are passionate about supporting the local community and donate a portion of our income to Bravehearts Childrens Charity and 1% for the Planet.
Servicing only Gold Coast customers we are able to give you the service and support that you deserve.
Insure Gold Coast is a member of the largest insurance broker network in Australasia.
As a client of a Steadfast network insurance broker, you get the best of both worlds - local knowledge and service, with the strength of a large organisation.
