USI’s CargoSafe provides improved rates, broader coverage, higher limits, and lower deductibles that protect against uninsured losses up to policy limits of $50M.
Value of Goods in Transit

Insurance provided by third-party shippers is frequently based on weight or by-the-pound of the shipment, providing as little as 30% of shipment value in the event of a loss.

USI’s CargoSafe program reimburses clients for the full selling price of the shipment in the event of a loss.

Our program prevents uncovered losses up to 70% of the shipment value.

Catastrophe Limits

Typically, markets provide limited CAT coverage for inventory by sublimiting catastrophic events, including flood, earthquake, and windstorm, leaving clients exposed to an uncovered loss.

USI’s CargoSafe program provides coverage for inventory up to the full policy limits.

Our program prevents uncovered losses up to the full policy limits of $50 million. For example: A USI client’s property policy had $10 million in CAT limits, which was inadequate for the client's risk. USI consolidated the client’s program under CargoSafe, providing full limits of $50 million, protecting client from an uncovered loss.

Definition of Goods

The definition of goods is frequently narrow under standard market coverage, resulting in restricted coverage.

USI’s CargoSafe program provides broader coverage by enhancing and expanding the definition of goods, including “Goods and/or Merchandise of every description.”

Our CargoSafe program eliminates potentially costly coverage gaps regarding these definitions, preventing an uncovered loss up to policy limits of $50 million.

  • Estimated 5-20% premium reduction by consolidating coverage
  • Eliminate reliance on third-party coverage and increase claim recovery up to 70%
  • Client retains control of claims process, resulting in improved recovery amount and timing

Raw materials at unnamed locations, such as a temporary storage facility used during shipping, are typically excluded under traditional policies.

USI CargoSafe provides coverage for any loss, at replacement cost, up to full policy limits.

Insurance from a third-party shipper (TPS) typically costs 2% to 5% of shipping costs. They frequently use insurance as a profit center so you pay more than you should for subpar coverage.

Additionally, purchasing insurance through a TPS gives them control of your goods in transit. In the event of a loss, claim payments can be significantly delayed and payouts less than adequate.

Standard market coverage typically does not cover all conveyances, including barges and air freight.

USI CargoSafe provides coverage for any conveyance, by land, sea, and air, up to the full policy limits.