What is Cargo Insurance?

Cargo insurance covers your goods from any loss or damage while in transit through the ocean, air, road, or rail.

There are a few different types of cargo coverages which you should consider, but the main point of the cargo insurance is to protect you and your company from losing revenue.

Cargo insurance covers all risks (loss or damage) for the full value of the goods, which can include shipping costs, duties, insurance costs, and up to 10% anticipated profits.