Investopedia

Warehouse-To-Warehouse Clause

Dictionary Says

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 Says

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.

Articles Of Interest

  1. Cover Your Company With Liability Insurance

    Every business is susceptible to legal action. Find out how to protect yours.
  2. The History Of Insurance

    The first written policy appeared in Hammurabi's Code. Find out how it evolved from there.
  3. 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 ...
  4. 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 ...
  5. 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 ...
  6. 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. ...
  7. Why The Consumer Price Index Is Controversial

    Find out why economists are torn about how to calculate inflation.
  8. Predict Inflation With The Producer Price Index

    Find out how the PPI can be used to gauge the overall health of the economy.
  9. Leading Economic Indicators Predict Market Trends

    Leading indicators help investors to predict and react to where the market is headed.
  10. Austerity: When The Government Tightens Its Belt

    When a government tightens its belt in tough economic times the entire nation feels the squeeze.
comments powered by Disqus
Marketplace
Hot Definitions
  1. Winner's Curse

    Because of incomplete information, emotions or any other number of factors regarding the item being auctioned, bidders can have a difficult time determining the item's intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction.
  2. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.
  3. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.
  4. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.
  5. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.
  6. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.
Trading Center