Insurance

Our recommendation is to get “benchmark” quotes from Hiscox (using the US web site) and The Hartford (again, use the US website). Then, when you think you understand US terminology, and know what cover you want, get a free introduction from ExportAction to a US broker who will be able to advise you and “shop around” for the best cover and rates.

UK Export Finance (UKEF) has expanded the scope of its Export Insurance Policy (EXIP) making UK businesses eligible to secure export insurance cover.

Insurance for the US purchased in the UK is usually more expensive than similar policies taken in the US. Explanations are UK insurers are unfamiliar with US markets or are cautious about litigation costs in the US.

If you insure your goods in transit, ask your insurance company if they regard storage in our warehouse as one stage of the journey from your premises to the buyer. We do not insure your property while it is in our warehouse.