If you’re looking into IEEPA tariff refunds, you may remember that your company most likely carries property or marine cargo insurance, and may wonder; since the government is likely going to take their time paying out IEEPA tariff refunds, why not simply rely on your insurance to pay out these amounts? It is true that some policies may have language that may include specific endorsements for “government-imposed charges” that may be triggered even before Customs and Border Protection processes a singular refund.
In theory, filling out an insurance claim may seem like the stress-free option that all importers that had the sense to take out compared to dealing with the now active CAPE portal or even litigating the entirety of your import entries, as the principal of subrogation allows your carrier to step into your shoes and take care of your losses as well as pursue the government while you are left with time and resources to run your businesses. However, as a top tariff refunds law firm, we can positively affirm to you that nothing is ever that easy in the insurance or legal worlds, and a path that may seem wide and straight, soon turns into corners and convolutions that may eventually cause you to permanently lose out on receiving your IEEPA refunds – read on to find out more.
Are you looking for a best IEEPA refunds attorney? Please call us NOW at (314) 481-63338 to learn more about your legal options for justice and compensation as they relate to IEEPA refunds and the process. McCready Law is proud to announce that we have joined forces with Frost Law Arizona to help corporations and businesses that were unlawfully levied duties against during the February 2025 to February 2026 period, and thanks to the Supreme Court ruling, the government was ordered to pay back all these duties to over 300,000 affected businesses across the country. Our strategic partnership means we are able to assess your claim, consolidate your entries via an in-depth forensic audit to discover just how much the government owes you, file protective orders on your behalf, and even litigate your claim in front of the Court of International Trade should the government become recalcitrant about processing your IEEPA refunds. We offer the forensic audit at NO CHARGE as well as a 100% FREE initial consultation phone-call, and we work efficiently and ensure all your valid entries are presented as a complete dossier to CBP and relevant authorities, leaving you to focus on more pressing business matters. Need assistance with IEEPA refund rejections or processing? Call us NOW at (314) 481-63338 to speak with an experienced attorney and tax experts at no cost to you.
Why the Insurance Route Seems Reasonable Yet Treacherous
The logic is clear; you paid IEEPA duties that were declared unlawful by the Supreme Court. Those duties led to an increase in your cost basis and lowered your margins, and in some instances, made certain product lines unprofitable. If you’re able to show that the tariff overpayment led to a measurable financial loss that is covered by your insurance policy such as an increase in carrying costs, reduced resale proceeds and so on, you may get a check from the insurance company in a number of weeks and not months or even years that CBP may take in the processing of your IEEPA refund.
However, the insurance route will almost always lead to permanent roadblocks for most importers, and here’s why you’ll still need our legal and tax expertise even if you decide to take this route:
- Typical cargo and standard policies almost never cover tariffs or duties as a standalone loss, and do not consider contingent financial liabilities arising from government action
- Even if you have the right endorsement, your insurer will ask that you provide material proof that is identical to the documentation for a CBP refund; this means you will need to produce payment records, liquidation notices, entry summaries and even a forensic reconstruction of the duties that were paid, during which tariff waves and on which shipments. This is not work that your CFO or comptroller is well-versed at performing, and is best left to our law firm that is well-versed at carrying out forensic audits of your company import records.
Best IEEPA Tariff Refund Attorneys – Call Us Today!
At McCready Law, we’ve partnered with Frost Law Arizona to provide you with a hybrid solution: we do not make you choose between a government refund and an insurance claim. We can help you pursue both concurrently, as the recovery paths aren’t mutually exclusive, and governing statutes do not require offset. Need more information on the process? Call McCready Law at (314) 481-63338. We will review your insurance policies and see if tariff overpayment coverage exists, file a protective protest or CIT action so you recover what is owed to you down to the penny. Remember, the call and audits are 100% FREE, and there is no legal obligation. Thanks for choosing us, and we look forward to helping you.