| Category | Transportation of Cargo on Land | Transportation of Cargo by Ocean |
|---|---|---|
|
Machinery- New/Used |
Around $0.55 |
Around $0.66 |
|
Fragile Items |
Around $2.94 |
Around $1.60 |
|
Car Transportation |
Around $0.80 |
Around $1.20 |
|
Hazardous Materials |
Around $0.65 |
Around $1.00 |
|
Frozen Food |
Around $1.30 |
Around $1.90 |
|
Non Perishable Food |
Around $0.55 |
Around $0.66 |
Moreover the cargo insurance cost will depend from the coverage, this coverage mostly includes:
- Covers losses caused by theft;
- Covers hijacked cargo;
- Covers theft committed from the truck driver;
- Covers losses that have happened during the process of pickup and delivery.
For example the cost for the general cargo insurance might vary from $60.000 up to $100.000- it all depends from the type of cargo insurance policy that you have chosen as well as from the insurance company. In the case of the determination of cargo insurance policies there are a lot of factors that play role in the determination of the final price of the insurance, overall what determines mostly the price is the type of commodity that you want to transport.
