--- title: "Protect Your Cargo | Flexport Cargo Insurance" description: "Flexport's Per Shipment Cargo Insurance is pay-as-you-go, all-risk coverage that protects shipments against loss, damage, or theft, with a $0 deductible, no annual commitment, and claims settling in 30 days on average versus the 45-to-65-day industry standard." language: en canonical: https://www.flexport.com/solutions/protect-your-cargo/ lifecycle: live --- # Protect Your Cargo | Flexport Cargo Insurance ## 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. [Request a demo](https://www.flexport.com/get-started/) ## How Per Shipment Cargo Insurance closes the gap ### All-risk coverage that turns on automatically 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. ### One line on the invoice you already pay No annual contract and no separate insurance bill. Premium is 0.40% of insured value, billed as a single line on your existing Flexport freight invoice. ### Claims that move as fast as your business Because every shipment document already lives on the Flexport platform, claims under $10K settle in about 15 days, and the all-in average is 30 days versus the 45-to-65-day industry standard. ## 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. [Request a demo](https://www.flexport.com/get-started/) ## Get in touch with a member of the Flexport team [Request a demo](https://www.flexport.com/get-started/) ## 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. ## Explore how Flexport solves for you **Cut your freight costs without cutting corners** See where you can trim freight spend without sacrificing service. [See how](https://www.flexport.com/solutions/save-money/) **Get Visibility & Control** Track every shipment and step in with the data to back it up. [See How](https://www.flexport.com/solutions/visibility-control/) **Find the savings hiding in your shipping data** Turn your shipping data into savings you can actually use. [See how](https://www.flexport.com/solutions/optimize-supply-chain/) **Simplify Customs** Clear customs faster with fewer surprises at the border. [See how](https://www.flexport.com/solutions/simplify-customs/) --- *This is a markdown version of [https://www.flexport.com/solutions/protect-your-cargo/](https://www.flexport.com/solutions/protect-your-cargo/) for AI/LLM consumption.*