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Protect Your Cargo
Flexport customers have insured $18.96B in cargo across 260K+ shipments — with claims settling almost twice as fast as the industry standard.
Most cargo isn't as protected as you think
Your corporate policy probably excludes freight in transit
General Liability and Business Owner's Policies typically exclude cargo while it's moving. Most shippers find out the hard way, after a loss already happened.
Carrier liability pays pennies on the dollar
Ocean carrier liability caps around $500 per customary unit, air around 26 SDR per kilogram, trucking $0.50 per pound — and only pays out if you can prove the carrier was negligent.
Claims can take up to two months to settle
Industry-standard cargo claims take 45 to 65 days to close, leaving the loss sitting on your balance sheet while you wait.
How Per Shipment Cargo Insurance closes the gap
Opt in once at the account level and every Flexport shipment is covered automatically, warehouse-to-warehouse, with a $0 deductible and 110% of commercial invoice value plus freight and duty.
Coverage that pays off when it matters
Per Shipment Cargo Insurance is built to make a bad day survivable instead of catastrophic. Here's what that looks like at scale.
$18.96B: In cargo value insured across Flexport's shipping network to date.
9.5K: Clients trust Flexport to protect their cargo, from SMB to enterprise.
2X: Roughly how much faster Per Shipment claims close versus the 45-to-65-day industry standard.
Frequently asked questions
What is Flexport's Per Shipment Cargo Insurance?
Per Shipment Cargo Insurance is pay-as-you-go, all-risk coverage that protects your Flexport shipments against loss, damage, or theft. You pay only when you ship, with no annual commitment and a $0 deductible.
Doesn't my corporate insurance already cover this?
Usually not. General Liability and Business Owner's Policies typically exclude cargo while it's in transit, so most shippers are exposed without realizing it. A quick policy review can confirm where you actually stand.
How much does Per Shipment Cargo Insurance cost?
Premium is 0.40% of your shipment's total insurable value (commercial invoice plus freight, plus customs duty), billed as a single line item on your existing Flexport freight invoice. There's no annual contract or upfront cost.
How fast do claims settle?
Claims under $10,000 settle in about 15 days on average, and the all-in average across all claims is 30 days, compared to the 45-to-65-day industry standard. Every shipment document is already on file with Flexport, so claims start with the paperwork already done.
What isn't covered under Per Shipment Cargo Insurance?
Standard exclusions include sanctioned goods, certain high-value commodities like precious metals and jewelry over $5,000, delay-related losses, and shipments to a small number of restricted countries. Your Flexport team can confirm whether your specific cargo and lanes are eligible.
