Transit & Transportation

Protect your business from damage or loss to goods in transit or stored offsite by using our policy. We understand the risks that come with moving goods by ocean, air, and land, including theft and other liabilities.

Who is Transit & Transportation Insurance for?

Logistics companies transport goods daily by sea, air, or land. This industry is critical for many businesses. However, the goods are vulnerable to theft, damage, and accidents, putting the drivers at risk.

Retailers & Wholesalers

Sell goods to customers through different channels.

Importers and Exporters

Buyers, sellers, and transporters of goods between countries.

Freight Forwarders

Shipments of goods are organized by a person or entity from the manufacturer to the customer or final point of distribution.

B2B Internet Sales

Simplify your focus to online sales between businesses.

Logistic Service Providers

An LSP is a company that takes care of storing, moving, and delivering a company’s goods.


A person or company that produces items for selling purposes.

Common Carriers

Transporters are accountable for any possible damage or loss of goods during transportation on behalf of companies.

Multinational Companies

A company that has production facilities in at least one foreign country.

Why you need Transit & Transportation Insurance?

Transit & transportation insurance work together to protect business property that’s transported or stored offsite. Policies can be customized to fit specific needs, such as more storage coverage or protection during transit. This policy responds to any unique needs.


Cargo theft costs the transport & logistics industry $30 billion annually. The average value of theft has increased by 36% as thieves now target higher-value merchandise.

Damaged Goods

About 11% of all shipments are damaged when they reach the distribution center. This can cause a ripple effect that often goes around in circles.


Truck crashes have gone up by 52% since 2009. Sadly, 74% of fatal crashes involving passenger vehicles also involve big trucks. Experts predict that by 2030, truck crashes will be the fifth leading cause of death in the US.

Reasons to Get T&T Insurance

What Does Transit & Transportation Insurance Cover

Our policies are tailored to your company’s needs and typically cover Transit & Transportation risks, including:

Stored Property

Store property offsite (e.g. construction equipment), at third-party locations (e.g. vending machines at customer sites), in moving vehicles (e.g. food truck), or at your primary business for high-value property (e.g. artwork).

Moving Property

Consider moving your business by land with rigging equipment for a smooth transition. This is especially helpful for transporting valuable or difficult equipment.


Communication towers are vital for a country’s infrastructure, providing important services to its people and enabling effective communication among various communities and areas.

Transit & Transportation Insurance Claim Example

Here’s a claim example that illustrates what Transit & Transportation Insurance covers:

Damaged Goods

During a stormy transport of fabric-filled boxes for a customer, the goods inside were damaged by water seeping through the cardboard. The boxes became dented and the fabric got wet. The loss can be covered by Transit and Transportation Insurance.

Transit & Transportation Insurance FAQ

What’s Not Covered?

Transit & Transportation Insurance does not cover:

How much does Transit & Transportation Insurance cost?

Insurance for transit and transportation can be customized to meet your company’s unique needs. However, there are many factors that affect your premium, such as:

Insurance Brokers For Intellectual Property Insurance

At BrandRock, we offer insurance services to innovative industries, with a focus on developing risk management products. Our team has expertise in intellectual property insurance. We partner with leading carriers to create tailored programs for public and venture-backed companies. We understand the importance of cost-effective coverage.

Bad stuff happens.

Imagine a policy that actually covers it.

Shoot us your email and we’ll kick off a conversation to help get you a quote on the best coverage for your brand.