Glossary

Cargo Insurance

Tags: Glossar

Cargo insurance is highly recommended, because any number of pitfalls might befall your shipment on its journey.

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What is cargo insurance?

Cargo insurance is coverage for your shipment from pickup to delivery, across multiple carriers and modes. It covers the purchase value (not retail value) of your goods, as well as freight and other costs associated with the cargo.

Flexport highly recommends purchasing cargo insurance for your freight to protect yourself from unexpected high costs resulting from damage to or loss of your cargo.


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Related Help Articles

Why Do I Need Cargo Insurance?

Does Flexport Provide Cargo Insurance?

How Much Does Flexport Insurance Cost?

Related Glossary Terms

Declared Value Coverage

Carrier

General Average

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Customs brokerage services are provided by Flexport’s wholly-owned subsidiary, Flexport Customs LLC, a licensed customs brokerage with a national permit. International ocean freight forwarding services are provided by Flexport International LLC, a licensed Ocean Transportation Intermediary FMC# 025219NF. U.S. trucking services are provided by Flexport International, LLC, a FMCSA licensed property broker USDOT #2594279 and MC #906604-B. All transactions are subject to Flexport’s standard terms and conditions, available at www.flexport.com/terms 沪ICP备16041494号

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