How to Calculate Cargo Insurance Cost | Shipping Insurance Guide

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Cargo Insurance Calculator

Cargo Insurance Calculator

How to Calculate Cargo Insurance Cost for a Single Shipment

If you are shipping just once, and you know the cost of your shipment, you can easily calculate your cargo insurance cost using our Cargo Insurance Calculator.

Choose from among our 30+ commodities, and the calculator will do the rest. We offer both all-risk, and more limited named perils coverage, including coverage for used equipment.

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Whether you’d like to apply for a full-time cargo insurance policy using our FastBond tool, or arrange insurance for a single shipment with Coverage Dock, we have the tools you need to get you up and running in a fraction of the time it would take otherwise.

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For new general merchandise the typical shipment value is the full commercial invoice amount of the goods being shipped.

In the event of a loss, the cost of freight charged on the shipment can be covered by the insurance policy if it is included in the calculation.

This amount is meant to reimburse the cargo owner the cost of logistics, clerical work, or other time or expenses related to the shipment and is usually set at 10%.

(Default set at 10%)
Insured Value:

The amount of insurance being purchased, calculated as shipment value + cost of freight + extra expense.

$0.00

This rate can be found on your cargo insurance policy declaration page.

(Per $100 of Value)

Total Premium Estimate: $0.00

Disclaimer: The contents of this page is for demonstration purposes only, and activity on this page does not constitute the issuance of insurance.

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