Warehouse-To-Warehouse Clause
Definition of 'Warehouse-To-Warehouse Clause 'A clause in an insurance policy that provides for coverage of cargo in transit. A warehouse-to-warehouse clause usually covers cargo from the moment it leaves the origin-warehouse until the moment it arrives at the destination-warehouse. Separate coverage is necessary to insure the cargo while it is being stored in either warehouse. |
|
Investopedia explains 'Warehouse-To-Warehouse Clause 'For example, a warehouse-to-warehouse clause could protect the owner of a large clothing shipment while it was being transported on a truck from a warehouse in Hong Kong to the port in Hong Kong, then by boat from a port in Hong Kong to a port in Los Angeles, and finally while it was transported via train from the Los Angeles port to a warehouse in Las Vegas. |
Related Definitions
Articles Of Interest
-
Cover Your Company With Liability Insurance
Every business is susceptible to legal action. Find out how to protect yours. -
The History Of Insurance
The first written policy appeared in Hammurabi's Code. Find out how it evolved from there. -
How do I choose which insurance company to use?
Picking an insurance company to use is not an easy task, considering the financial crisis of 2008 and 2009. Several financial institutions and insurance companies have gone out of business, merged ... -
Why is my insurance premium so high/low?
Insurance premiums can be affected by many factors including: type and amount of risk size of deductible amount of coverage age of the applicant applicant's medical ... -
What is multiline insurance?
The term "multiline insurance" can refer to multiline contracts and multiline insurers, so let's take a look at both variations. A multiline contract is a type of insurance policy that bundles ... -
What is reinsurance?
Reinsurance occurs when multiple insurance companies share risk by purchasing insurance policies from other insurers to limit the total loss the original insurer would experience in case of disaster. ... -
Why The Consumer Price Index Is Controversial
Find out why economists are torn about how to calculate inflation. -
Predict Inflation With The Producer Price Index
Find out how the PPI can be used to gauge the overall health of the economy. -
Leading Economic Indicators Predict Market Trends
Leading indicators help investors to predict and react to where the market is headed. -
Austerity: When The Government Tightens Its Belt
When a government tightens its belt in tough economic times the entire nation feels the squeeze.
Free Annual Reports