Full invoice value, written into the policy
Most small shippers learn what “declared value” means the day a box of mugs arrives in pieces: the carrier owes a set amount per pound, and the carrier decides whether to pay it. Northgate Hub pays what your invoice says the goods were worth, and can add the freight and duty you spent getting them there.
- Invoice value plus the freight and duty you paid, and up to 10% of expected margin, so a lost order does not also cost you the sale
- Cover from your packing table to the customer’s doorstep, including the days a pallet waits in a forwarder’s warehouse or at the port
- Breakage, crushing, wet cartons, and a parcel that never arrives are all paid losses under the standard wording