What affects the cost of insuranceThe cost of insurance can vary greatly depending on several factors:
Cars are usually more expensive to insure because there are more risks (accidents, bad roads, etc.). Sea freight is cheaper, but there are risks of storms or piracy. Air freight is the safest, but also costs a lot.
Cargo is expensive and fragile - insurance will cost more. For example, if you are shipping crystal or electronics, the insurance price will be higher than if you are shipping building materials.
If the route includes an area with political risks or natural disasters, insurance will cost more.
- Packaging
Good packaging reduces the risks of damage. And this, in turn, can reduce the cost of insurance.
Remember: cargo insurance is not just an optional extra, but a necessity for any business. Without it, you risk not only losing your goods, but also getting into a financial hole. The right insurance can help you avoid a lot of problems and keep your business afloat, no matter what happens during transport.