📚 Logistics Wikibasics

Cargo Insurance: What You Need to Know

Cargo insurance protects shipments against loss, damage or theft. Learn coverage types, rates (0.3-0.5% of value) and claims.

🏢 Feitu Xunda Logistics Team🔄 Updated 2026-06-06 19:03:24⏱️ 1 min read
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Quick Summary

Cargo insurance protects shipments against loss, damage or theft. Learn coverage types, rates (0.3-0.5% of value) and claims.

Why Insure

International transport has risks of loss, damage and theft. Insurance transfers these risks.

Premium

Typically 0.3-0.5% of cargo value.

Claims

  1. Photograph damage
  2. Report to carrier
  3. Submit documents
  4. Settlement

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