CARM: What all importers need to know about CARM

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Double check your insurance coverage

Don’t make the mistake of assuming your insurance coverage covers everything you ship.  For example, if you insure books on a regular basis, but have a one-time shipment of picture frames, your standard coverage may not apply (breakage of glass may be excluded).  Always confirm coverage before you ship.

     Claudia Charette, US Customs Operations (Buffalo)
 

Claudia Charette, US Customs Operations (Buffalo)

Quick Tip #24
Are you using the latest Incoterms?

Make sure your contracts of sale include the appropriate trade term in conjunction with the words “Incoterms 2010”, which came into effect January 2011.

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