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Where do I go for good Shipping Insurance?
You can begin by approaching a general-purpose insurance company to get a quote. However, marine freight insurance is a specialist area and it may be wise to seek an expert marine broker registered with Lloyds.
Alternatively, bear in mind that your freight forwarder handles these issues day-in, day-out, and will be happy to arrange quotations – the company’s buying power can often result in you obtaining a better rate than you could do alone, and with considerably less time spent in the process.
It is always good to test the market at renewal from time to time to make sure you have a competitive deal on your Open Cover policy.
