The no-cost basic protection is limited carrier compensation, not full-value cargo insurance. We strongly recommend premium cargo insurance for all material shipments. Please note:
Mandatory election on every quotation: Every freight quotation Spotyard issues requires the customer to select either "Basic Carrier Protection" or "Premium Cargo Insurance (requested)" before a booking is confirmed. If Premium Cargo Insurance is requested, the shipment will not be dispatched until Spotyard has received the insurer's or freight provider's written confirmation, policy or certificate, and until the customer has paid the premium. The customer is responsible for providing an accurate declared cargo value and supporting commercial invoice or purchase evidence; insurance cannot be bound on an unsupported or estimated value.
• Carrier liability is limited under international conventions (e.g., Hague-Visby Rules for sea freight)
• Standard carrier liability does not cover many common causes of loss or damage
• Basic carrier compensation responds to cargo loss and customs detention/seizure occurring in transit. It does not cover damage or breakage — see the damage exclusion below.
• Sea freight: For qualifying sea-freight loss or customs detention caused by the appointed forwarder, recovery is limited to the amount that forwarder accepts under its terms: generally the lesser of three times the freight attributable to the lost portion and the proven goods value, and may also be capped at ¥20/kg. Freight is not refunded.
• Air freight: For qualifying air-freight loss or customs detention, recovery is capped at ¥40/kg on the same basis as sea freight above. Freight is not refunded.
• Sea-freight-plus-trucking (groupage/LCL-by-truck): For qualifying loss or customs detention of bulky/low-density cargo moved by sea-freight-plus-trucking (groupage/LCL-by-truck) service, recovery is capped at ¥1,000 per cubic metre rather than by weight.
• Damage and breakage—particularly fragile-item breakage—are not covered by the basic carrier compensation unless the appointed provider confirms otherwise in writing.
• Spotyard will notify and communicate with the appointed Chinese freight forwarder and other relevant providers, provide reasonable claim-coordination assistance, and pass on to the customer any compensation actually approved and paid for that claim. Spotyard does not decide or guarantee the third party’s claim outcome.
• Customers should request premium cargo insurance for fragile, high-value, custom-made or difficult-to-replace goods. No premium cover should be assumed until the premium is paid and written confirmation or a policy/certificate is issued.
• Any premium price shown by the calculator is an estimate until the insurer or freight provider confirms the policy, insured value, scope, exclusions, excess and premium in writing
Insurance Coverage:
• Optional declared-value loss and damage insurance, subject to the insurer’s policy wording, exclusions, excesses and written confirmation of cover before dispatch.
• Premium cargo insurance is not a standing Spotyard service — it is arranged on a per-shipment basis with an insurer or freight provider once requested. Spotyard does not hold or administer this cover, and does not know its tiers, exclusions, claims process or time limits in advance. The policy or certificate actually issued for that shipment is the only document that governs cover, and it prevails over anything said elsewhere, including on our Website or by our staff.
• Coverage dates, warehouse-to-warehouse scope, tiers, exclusions and claims requirements apply exactly as stated in that shipment's issued policy or certificate — read it when you receive it
• Claims are assessed by the insurer or appointed provider, not Spotyard
Types of Cover Available: Our current freight forwarder's cargo insurance partner offers several types of cover, which may vary or be updated from time to time and apply only as stated in the policy or certificate actually issued for a shipment:
• Full Journey Cover — from departure at the origin warehouse through to arrival at the destination
• Overseas Segment Cover — from courier/carrier pickup onward; loss occurring before pickup is not covered
• Full Express Cover — from express courier pickup through to final destination delivery
• Shelving/Put-Away Protection — covers loss caused by warehouse operational error preventing correct stocking, whether by full carton or individual unit; available for FBA, AWD, TikTok Shop, Temu, SHEIN and other nominated third-party warehouses
• Port-to-Port and Warehouse-to-Warehouse Cover — for ocean freight shipments
Goods commonly excluded from cover include precision equipment, artwork, perishables, loose or unpacked bulk cargo, hazardous materials, vehicles, computer chips, alcohol and pharmaceuticals, second-hand goods, and "loss-only" categories such as glassware and bathroom fixtures, which are not covered for damage/breakage, only total loss.
How Compensation Is Calculated: The following reflects the general basis used by our current insurance partner and is illustrative only — the insurer's final assessment and the written policy govern every claim:
• Total loss is compensated at the insured (policy) value
• Partial loss is compensated as the actual loss value pro-rated against the insured value, less any applicable deductible
• Damage is assessed and compensated case-by-case by the insurer based on the actual loss
• Non-collection or failed-pickup events are compensated proportionally, based on historical loss-rate benchmarks
Deductibles and caps that may apply, subject to the issued policy:
• Fragile, loss-only goods: typically a 3%–5% deductible of insured value depending on cover type
• Paper and paper products: typically a 0.5% deductible
• External packaging intact but internal contents damaged: typically a 20% deductible on the loss
• Strike or riot related loss: typically a 10% deductible where the loss is ¥10,000 or less, or capped at ¥1,000 where the loss exceeds ¥10,000
• Battery fire or explosion: typically capped at ¥500,000 under cross-border large-cargo cover, or subject to a 10% deductible under traditional freight cover
• Goods valued at ¥300/kg or more: typically a 10% deductible applies
• Where 10 or more cartons are lost in total, or the loss exceeds ¥20,000, any amount recoverable from the carrier is typically deducted from the insurance payout first
Claim timing: loss or damage should be reported as soon as it is discovered. Damage claims are typically subject to a 96-hour reporting window from delivery, and goods that remain stalled at a single logistics node for more than 30 working days are typically treated as lost for claim purposes — both subject to the specific policy's wording.
Cargo without confirmed premium insurance travels subject to the basic carrier limits and exclusions above. Nothing in this section excludes Spotyard’s responsibility for its own conduct or any right or remedy that cannot be excluded under law.