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Flexport

Glossary

Cargo Insurance

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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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