
Cargo Insurance
Every shipment into and out of Canada should be insured by
a licensed insurance underwriter. Depending on your shipping terms, you
may be responsible for insuring the merchandise.
Many exporters and importers mistakenly assume that if there is a loss or
damage, they will be reimbursed by the carrier. However, carriers limit
their liability legally and shippers only recover a very small percentage
of the value of the goods.
If you do not maintain a cargo insurance policy to cover your imports and exports, as well as your trucking shipments, FIF will be happy to insure each of your shipments. In the event of a loss or damage, FIF will assist you with your freight claim.