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Insurance Tool

Marine Insurance Premium Calculator

Estimate cargo insurance premiums for your international shipments. Compare coverage options and understand what affects your rates.

Cargo Protection

Marine Insurance Calculator

Calculate accurate marine insurance premiums for your cargo shipments. Get instant quotes for ICC (A), (B), and (C) coverage with war risk and SRCC options.

Premium
$220.00
0.220% rate
Coverage
$100,000.00
Insured Value
Rate
0.220%
Of cargo value
Cargo Value

Enter the CIF value (Cost + Insurance + Freight) of your shipment

Shipment Details
Coverage Options

War, capture, piracy, terrorism

SRCC coverage

Override estimated rate with your negotiated rate

Insurance Premium Estimate
Estimated premium based on provided details
$220.00
Annual Premium
0.220% of cargo value
Base Premium
$200.00
War Risk
$10.00
SRCC
$10.00
$100,000.00
Coverage Amount
$10,000.00
Est. Deductible
Premium vs Coverage Type
Cost Breakdown

Important Disclaimer

This calculator provides estimates only. Actual premiums may vary based on underwriting criteria, claims history, insurer risk appetite, and specific policy terms. Always consult with a licensed insurance broker for accurate quotes.

Why Get Marine Insurance?

Carrier liability is often limited to $500 per package under international conventions (Hague-Visby Rules). Marine insurance provides comprehensive protection for the full value of your goods.

  • Full replacement value coverage
  • Coverage for general average contributions
  • Protection against salvage charges
  • Often required by banks for LC
Common Exclusions

Even comprehensive ICC (A) policies have exclusions:

  • • Willful misconduct of the insured
  • • Ordinary leakage or wear and tear
  • • Inherent vice of the goods
  • • Delay (even if caused by insured peril)
  • • Insolvency of the carrier
  • • Nuclear events
  • • Unseaworthiness (if known to insured)