Single Trip Cargo Insurance

Protect Your Shipment with Single Trip Cargo Insurance

Many commodities covered. Bind in as little as 10 minutes at CargoPolicty.com!

Single trip cargo insurance, also known as trip transit insurance, is a type of short-term cargo coverage designed to protect your shipment for a single journey from origin to destination. This policy is ideal for infrequent shippers, individuals sending high-value items, or businesses testing new supply chain routes who don't need — or want to pay for — an annual cargo insurance policy.

Single Trip Cargo Insurance Pricing

Simple, transparent pricing based on the value of your cargo:

Coverage can be purchased by both the carrier and the shipper. Visit cargopolicy.com to bind your coverage in as little as 10 minutes.

What is Single Trip Cargo Insurance?

Single trip cargo insurance, or trip transit insurance, is a short-term policy that provides coverage for a single journey. It covers your goods from the point of origin to the final destination in a single trip. This makes it ideal for infrequent shippers who don't require the ongoing coverage of an annual policy, or for businesses that are exploring new routes and want coverage for a one-time shipment.

Key Features

Customizable Coverage: Single trip cargo insurance can be tailored to the specific needs of each shipment. You can choose coverage limits based on the value of your cargo, ensuring you're not over-insured or under-insured.

Comprehensive Protection: This policy provides broad coverage for a wide range of risks, including theft, collision, fire, and other perils that could result in the loss or damage of your cargo during transit.

Flexible Terms: Unlike annual policies, single trip cargo insurance is purchased on a per-trip basis. This flexibility means you only pay for coverage when you actually need it, making it a cost-effective option for occasional shippers.

Benefits of Single Trip Cargo Insurance

Risk Management: By insuring your cargo for each trip, you can effectively manage the risk of financial loss due to theft, damage, or other unforeseen events. This is particularly important for high-value shipments where the financial impact of a loss could be significant.

Cost-Effective: For businesses or individuals that only ship goods occasionally, paying for an annual cargo insurance policy may not be economical. Single trip cargo insurance allows you to pay only for the coverage you need, when you need it.

Peace of Mind: Knowing that your cargo is insured for the duration of the trip provides peace of mind. Whether you're sending a one-time shipment or testing out a new shipping route, you can focus on your business knowing your goods are protected.

Who Needs Single Trip Cargo Insurance?

• Businesses making infrequent or one-time shipments
• Individuals sending high-value items (artwork, collectibles, electronics, machinery)
• Companies testing new supply chain routes before committing to an annual policy
• Carriers and shippers who need immediate, same-day coverage for a single load

Coverage Options

All-Risk Coverage: Provides broad protection for your cargo against most risks of physical loss or damage. Standard exclusions apply, including improper packing, inherent vice (the natural tendency of goods to deteriorate), and normal wear and tear.

Named Perils Coverage: Covers your cargo specifically against listed risks such as theft, collision, and natural disasters. While narrower than all-risk coverage, it may be sufficient for certain types of shipments.

Additional Options: Depending on your needs, you may also be able to add coverage for loading and unloading, theft during transit stops, and temporary storage at intermediate points during the journey.

Single Trip Cargo Insurance FAQs

Can either the shipper or the carrier purchase single trip cargo insurance?
Yes. Single trip cargo insurance can be purchased by either the carrier (the trucking company) or the shipper (the company or individual sending the goods). This flexibility makes it easy for either party to arrange coverage for a shipment.

How quickly can I get covered?
You can bind single trip cargo insurance in as little as 10 minutes at cargopolicy.com.

What types of cargo are covered?
Single trip cargo insurance covers a wide range of commodities. The specific coverage and any exclusions will depend on the type of goods being shipped and the terms of the policy. Contact NITIC at 800-726-8376 for details on coverage for specific cargo types.

Is single trip cargo insurance available for international shipments?
This depends on the specific policy terms. Contact NITIC at 800-726-8376 or visit cargopolicy.com to discuss coverage options for international shipments.