What is Cargo Insurance?

Written by Bonita Fowlersmith

Updated at May 14th, 2025

During transit, especially for international shipments, inventory changes hands frequently and faces significant risk—statistics show that one in four containers encounters adverse conditions such as cargo theft, physical damage, loss overboard, or exposure to the elements. Incidents can happen at any point, whether during loading, oceanic shipping, rail or trucking, or transitions between modes. Unfortunately, standard coverage from ocean carriers is very limited and rarely covers the full value of your goods. Shippabo’s global insurance policies offer comprehensive, budget-friendly door-to-door coverage—including trucking—ensuring your inventory is protected from the moment it leaves your supplier’s warehouse to its final destination. With insurance available on a per-shipment basis and no long-term commitment required, Shippabo cargo insurance safeguards your business, team, and livelihood against all forms of transit loss or damage.

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