# Import-Export Freight Insurance

*Last updated: 2026-06-24*

> Import-export freight insurance fills the gap between a carrier's legally capped liability and the actual value of the goods in transit.

Import-export freight insurance fills the gap between a carrier's legally capped liability and the actual value of the goods in transit. Coverage applies from the moment cargo leaves the shipper's warehouse until it is received by the consignee – a scope commonly known as the warehouse-to-warehouse clause. Standard policies cover collision, storm damage, theft, moisture damage, and total loss; specialist extensions include war and embargo risks. Premiums are calculated on the commercial invoice value and vary by trade lane, commodity type, and packaging standard. Freight insurance is distinct from carrier liability under international conventions such as the Hague-Visby Rules or the Montreal Convention, which cap payouts well below a cargo's real value – making a separate cargo policy the norm in professional international trade.

**Source:** [https://www.investopedia.com/terms/c/cargo-insurance.asp](https://www.investopedia.com/terms/c/cargo-insurance.asp)

## Quick Facts

| Property | Value |
|---|---|
| Term | Import-Export Freight Insurance |
| Language | EN |
| Word count | 124 |
| Last updated | 2026-06-24 |
| Source | https://www.investopedia.com/terms/c/cargo-insurance.asp |

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