You load goods on a truck and the box arrives broken — who is responsible? Inland transit insurance protects your goods Warehouse to Warehouse on an All Risks basis. With annual open cover + monthly declaration, settlement is automatic even when volumes swing. Compare 6 insurers on the Chubb Inland Transit wording.
Where marine cargo focuses on the sea/air international leg, inland transit covers domestic road and rail carriage + warehouse in/out + handling as one. Unlike carrier's liability (the carrier's liability cover), this is cover where the cargo owner protects its own goods.
| Line | Inland Transit Insurance |
|---|---|
| Subject | Goods in domestic transit (owned by the cargo owner) |
| Typical insureds | Manufacturing/distribution/logistics shippers, building-material firms, e-commerce logistics |
| Insured | Policyholder (cargo owner) or nominee |
| Insurers | Chubb (dedicated Inland Transit) · DB · KB · Meritz · Hyundai Marine & Fire |
| Governing law | Article 790 of the Commercial Act (cargo insurance) |
| Period | Annual open cover or per shipment |
| Limit | Cargo value (monthly declaration under declaration basis) |
Any fortuitous accident except policy exclusions (road, rail, warehouse, handling combined)
Seamless cover from origin warehouse to destination warehouse
Monthly volume declared then settled — flexible for variable volumes
Connects the import port → domestic warehouse leg on a single certificate
Annual transit value around ₩30bn, mixing in-house logistics and 3PL. Annual open cover + monthly declaration, with Warehouse-to-Warehouse + Theft endorsements recommended. The premium is confirmed after the insurer's underwriting review based on transit value, items, routes and loss history.
50,000 shipments/year, total value around ₩10bn. Declaration basis + a negotiated minimum premium. The premium depends on frequency, average value and prior claim rate as assessed by the insurer.
About ₩5m per item (fridges, TVs) × 10,000/year. Breakage strengthening + during-handling endorsement essential. The premium is set after a combined review of cargo type, packing standard and loss history.
Situations we see often — a quick self-check by scenario
Covers loss or damage arising during inland transit.
Covers the inland leg that follows the sea leg.
Covers transit loss for cargo prone to breakage or theft.
Designs the cover so transhipment and interim-storage legs are not left exposed.
The wording and structure points most often overlooked
Check that the marine cargo policy and the inland leg neither overlap nor leave a gap.
Check the wording for whether accidents during transhipment and temporary storage are covered.
Keep transport records systematically so a loss can be proven.
The questions most often asked when considering inland transit insurance (incl. the FOB export inland leg)
Under FOB the exporter bears the risk up to loading on board (at the load port, POL), and the buyer's marine cargo policy usually attaches from the load port. The factory→load-port inland leg in between is a gap the marine cargo policy does not fill; inland transit insurance (warehouse-to-warehouse All Risks) covers that leg and closes the exporter's exposure.
A marine cargo policy's attachment depends on the wording and the Incoterm. Under FOB, FCA and similar, the buyer's cover attaches from the load port or named point, so the earlier inland leg is often left open. It is wise to use inland transit insurance to check and close any overlap or gap with the marine cargo cover.
Exporters on FOB, FCA and similar who are directly responsible for the factory→load-port leg, and manufacturers, distributors and e-commerce shippers with frequent domestic movements who need warehouse-to-warehouse All Risks or annual open cover.
The insurer rates it on insured value, commodity, route, frequency and prior loss history. The exact premium and acceptance terms are confirmed after the insurer's underwriting review (AIG · Chubb · DB · Hyundai · KB · Meritz).
Full Korean statutory disclosures — depositor protection, tax treatment, signature requirements, the insurance-fraud reporting center and dispute resolution — are provided on the Korean version of this page.
Inland Transit · comparison quote
We design Warehouse-to-Warehouse All Risks cover for your domestic road/rail goods, matched to volume and transport pattern.
Coverage, exclusions and limits are governed by each insurer's wording, and the final premium is confirmed after the insurer's underwriting review. Our fee is paid by the insurer, so there is no extra cost to you (Article 98 of the Insurance Business Act).
