What's the difference between cargo insurance in the US vs Mexico?

A key consideration when it comes to insurance are the differences between carrier insurance in Mexico and in the US. When it comes to insurance in the US, the DOT (Department of Transportation) requires carriers to cover for at least 100,000 USD, while in Mexico the terms are considerably different. Carriers are only responsible for 15 Mexican minimum wages per loaded ton, which translates to around 1,250 USD for a 20 ton trailer.

For more tips for successful cross-border shipping, read on.

What documents are needed to claim cargo insurance?
A claim must be filed within the time limit established in the policy, and it will have to include certain documents.
What types of insurance are necessary for a cross-border export?
For a cross-border export, shippers need cargo insurance, insurance for commercial risks, and insurance for civil responsibility.

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