GlossaryEN1 min readUpdated: Jun 22, 2026

Insurance Coverage Optimization

Buying transport insurance off the shelf often means paying for coverage that does not match the actual risk profile.

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Last updated: 22 June 2026Published: 19 June 2025

Source: https://www.supplychain-risk.com

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Incoterms 2020 Simulator: Who bears costs & risk?

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Definition & Explanation

Buying transport insurance off the shelf often means paying for coverage that does not match the actual risk profile. Insurance coverage optimization is the process of deliberately calibrating coverage limits, deductibles, and policy terms to specific shipment types, trade lanes, and cargo values – removing overlapping cover and bundling comparable shipment categories. High-volume shippers and contract logistics operators with a diverse cargo mix gain the most, since their risk exposure ranges from small parcels to high-value consignments. The goal is not cheaper insurance but a tighter fit between risk and protection.

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Compare IncotermsClarify duties, cost and riskOpen Check transport insuranceEstimate coverage and premiumOpen Find HS codeDetermine the tariff number for customsOpen Calculate customs valueWork out import duties and customs valueOpen

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Insurance Coverage Optimization

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