Get Marine InsurnaceSo you have a shipment worth a lot of money and you can’t afford to lose it? Protect your investment. Sometimes accidents like this happen. Actually it happens more than we care to think about.

On occasion, ships do not make it to their destination port. No one likes to think about it but a ship can encounter any number of problems and, unfortunately, when a ship has a problem, it’s a BIG problem.

Protecting your cargo with inexpensive cargo insurance is very important. Most people don’t realize that the shipping company is liable for ONLY $500 for the total loss of your cargo.
Marine Insurance Protection

Protecting your investment provides peace of mind and full declared value compensation* (less $500 deductible, which is reimbursed buy the shipping line). You can learn more about marine insurance here.

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Let’s use an example here. Suppose you have want to ship a container overseas. Everything is going well and your shipment is on it’s merry way to it’s destination. Then a fire in the engine room leads to the engine failing. The ship is heavy loaded and there are big waves in the ocean. The ship starts to lean too much to one side and then the disaster happens; containers full of product fall over knocking other containers over too.

marine-insurance-shinking-ship-3If you are shipping during hurricane season (June 1st – Nov 30th), purchasing marine insurance should be automatic. You can read more about hurricane season here.

Here is something we haven’t shared too much, but when Hurricane Sandy hit the East Coast, many of our customers experienced total loss of the vehicles. We felt bad as many were only able to get $500 for their loss.

Don’t be cheap! Buy Marine Insurance!

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Important info to Ship a Car Overseas:
  • No car can leave USA if it has a lien on it. What does this mean? Your car must be paid in full. The only people who can ship a car overseas and still carry a lien on the car are US Military and Government employees/contractors. For those people a letter of authorization from the lender will need to be issued to pass US Customs. Otherwise the car may be considered stolen.
  • A clear Title of Ownership with no Liens on the Title.
  • If you bought a car new, then your name must be listed on the front of the Title as the registered owner.
  • If the vehicle has been sold, then both the Seller and Buyer have to sign the back of the Title in the spaces as detailed on the back of the Title.
  • For safety reasons, the vehicle cannot have more than a ¼ tank of gas.
Travel & Living Abroad:
  • Most countries will allow a traveler to temporarily import their car for up to 6 months. After the 6 months is up, import duty will be charged. For many travelers going to Europe and taking their car, a deposit is paid up front. When the car goes back to it's destination country, the deposit is refunded. If a person has lived in USA for 1 or more years, most countries will allow that person to bring their car back duty free! The car must not have any liens on it. Please check with your Customs Department first.
Import Duty for Destination Country:
  • Import duty is NOT collected by Ship Overseas. It must be paid at the arrival port by whoever is picking up the car. We wrote a blog post about vehicle import duty here. It talks about how to find out import duty for your country.