INSURANCE & BONDS
Protecting your shipments—and your business—is a critical part of international trade.
At Schmidt Pritchard & Co., Inc., we help importers secure the required customs bonds and cargo insurance
needed to move goods compliantly and with confidence. With roots as a Custom House Brokerage dating
back to 1888, we understand the financial and regulatory safeguards behind every successful import.
It's Experience You Can Rely On
Insurance and bonds aren’t just formalities—they’re essential tools for protecting your supply chain.
Our experienced brokerage team provides clear guidance, proactive oversight, and hands-on support to ensure everything is in place before your shipment arrives. Whether you’re importing regularly or managing a single shipment, Schmidt Pritchard delivers the expertise and attention to detail that keeps your cargo—and your business—moving forward. Contact us to learn more about customs bonds and cargo insurance solutions tailored to your operation.
CUSTOMS BONDS
Customs bonds are a key part of the import process and required by U.S. Customs and Border Protection (CBP) to ensure duties, taxes, and regulatory obligations are met before goods are released. At Schmidt Pritchard, we do more than simply place bonds—we provide strategic guidance and proactive support that help keep your imports compliant and moving without unexpected holds or penalties.
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We arrange and manage all common customs bond types to suit your business needs, including: continuous bonds for frequent importers, single-entry bonds for occasional shipments, and specialized coverage when required. Our team assesses your import volume, trading patterns, and risk profile to recommend the right bond structure and ensure sufficiency throughout the year.
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Customs bonds also act as a financial guarantee to CBP, providing confidence that duties and fees will be paid and that compliance obligations will be fulfilled—even in complex situations. Proper bond management helps prevent clearance delays, supports consistent supply chain performance, and gives your business the operational stability it needs.
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With decades of experience and strong surety market relationships, we work on your behalf to secure timely bond issuance, adjustments, renewals, and increases when necessary—helping you avoid administrative delays and financial exposure. Whether you’re just beginning to import or are scaling your global operations, Schmidt Pritchard’s customs bond services are designed to be dependable, transparent, and tailored to your unique requirements.
We offer assistance with:
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Continuous Customs Bonds for frequent importers
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Single-Entry Bonds for one-time or infrequent shipments
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Bond sufficiency reviews to ensure proper coverage
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Ongoing bond management to prevent clearance delays
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Our team works closely with you to determine the correct bond type and amount, helping avoid interruptions, penalties, or unexpected issues at entry.
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CARGO INSURANCE
Cargo insurance plays a critical role in protecting your shipments as they move through the global supply chain. While carriers offer limited liability, that coverage often falls far short of the true value of your goods. Schmidt Pritchard helps importers secure appropriate cargo insurance solutions designed to reduce financial exposure and provide peace of mind throughout transit.
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We work with trusted insurance partners to help clients obtain coverage tailored to their shipment type, value, mode of transport, and risk profile. Whether your cargo is moving by ocean, air, or inland transportation, we help ensure protection against common risks such as loss, damage, theft, handling incidents, and weather-related events.
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Cargo insurance is especially important for high-value, fragile, time-sensitive, or specialized goods. Our team takes the time to understand your products and shipping patterns, allowing us to recommend coverage that aligns with your operational needs rather than a one-size-fits-all solution.
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In the event of a claim, having the right insurance in place can make the difference between a minor disruption and a major financial setback. We provide guidance on documentation and coverage considerations upfront, helping streamline the claims process should an issue arise.
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By integrating cargo insurance into your overall customs and logistics strategy, Schmidt Pritchard helps protect not only your shipments, but your business continuity. Our goal is to ensure you ship with confidence—knowing that risks are managed before your cargo ever leaves the origin.
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Coverage options may include:
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Ocean and air freight shipments
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Domestic and international movements
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High-value or specialized cargo
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Flexible coverage aligned with your shipping patterns
We’ll help you evaluate risk and coverage needs so you can ship with peace of mind.