Comprehensive Analysis of Freight Insurance Knowledge Under Different Transportation Methods

Knowledge Sharing on Freight Insurance for Various Modes of Transportation

In the modern logistics system, the safe transportation of goods is a key link in ensuring the stability of the supply chain. Whether it's road transport, sea freight or air cargo, each mode of transportation faces different risks. To reduce these risks and minimize losses for cargo owners, freight insurance has emerged. Freight insurance is an insurance product specifically designed to provide protection against various unexpected accidents that may occur during the transportation of goods. It can help businesses reduce economic losses when unforeseen circumstances arise, ensuring the continuity of operations.

Take road transport as an example. Road transport, with its high flexibility and extensive coverage, is an important part of China's logistics network. However, in long-distance transport, vehicle malfunctions, adverse weather conditions, and human factors can all lead to damage or loss of goods. For instance, at the end of last year, a courier company experienced a chain-reaction rear-end collision due to heavy fog on the highway, resulting in a large number of packages being delayed or damaged. Such incidents remind us of the importance of choosing suitable freight insurance. Generally speaking, road freight insurance covers compensation responsibilities for situations such as natural disasters, traffic accidents, and thefts. When purchasing insurance, enterprises need to provide detailed information about the value, type, and destination of the transported goods to the insurance company to obtain more comprehensive coverage.

Compared to road transport, maritime transport faces more complex risks, such as pirate attacks, harsh sea conditions, and port delays. In recent years, with the growth of global trade, international shipping has flourished, but it has also brought higher risks. According to reports released by the International Chamber of Commerce, over 200 pirate attack incidents were recorded globally in 2025. Against this backdrop, marine cargo insurance is particularly significant. This type of insurance usually includes basic insurance and additional insurance. The former mainly addresses conventional risks such as fire and explosion, while the latter can add coverage for war risk, strike risk, etc. For enterprises engaged in import and export trade, understanding and properly configuring marine insurance terms can help them better avoid potential risks.

Air transport, as one of the fastest modes of logistics, although the probability of accidents is extremely low, still faces factors such as mechanical failure and adverse weather conditions. Especially during the pandemic, the sharp reduction in flight numbers led to severe cargo backlog, increasing additional risks. Airlines and freight forwarders both recommend customers to purchase air freight insurance. Compared to other modes of transport, the characteristic of air freight insurance lies in its simple and fast claims process, which can provide economic compensation to customers in the shortest time. At the same time, this type of insurance also places particular emphasis on protecting high-value commodities, such as electronic products and jewelry, providing more precise risk management solutions for them.

In summary, regardless of the mode of transport used, freight insurance is an indispensable part of modern business activities. Through scientific planning and implementation, not only can the impact of sudden events be effectively mitigated, but the entire supply chain's ability to withstand risks can also be enhanced. Of course, it should be noted that different types of freight insurance have their own applicable scopes and restrictions. Enterprises must consider their actual situation comprehensively when selecting insurance, so as to fully leverage the intended role of freight insurance. Looking ahead, with the progress of technology and social development, freight insurance will undoubtedly become smarter and more personalized, bringing convenience and peace of mind to more enterprises and consumers.