iContainers recommends always purchasing shipping insurance to protect you and your merchandise from the unexpected. Whether you’re sending your shipment via FCL shipping or LCL shipping, it is extremely important to purchase shipping insurance. All shipping lines are obliged to offer shipping insurance but their coverage is usually minimal. It is therefore wise to purchase extra insurance as a precaution.
The price of shipping insurance varies according to the value of the goods to be sent, which you can calculate online during the booking process with iContainers.
Our shipping insurance covers any damage cargo may suffer due to unforeseen circumstances beyond the cargo’s owner control. These include sea accidents, shipwrecks, piracy, etc.), provided that the goods are properly packed according to their nature, the trip and the mode of transportation.
Shipping insurance DOES NOT cover any damage incurred due to inadequate packing without considering common loading/unloading operations that the goods may suffer during the trip (exposure to extreme temperatures, movement during the load, unload, transportation, etc).
Keep in mind that shipping nsurance does not cover goods that get damaged as a result of excessive shipping times, regardless of any ship delays.
"The problem with these costs is that they’re often impossible to predict and are thus hardly ever considered when analyzing and comparing ocean freight rates"
Klaus Lydsal, vice president of operations at iContainers