Insurance Cost Calculation

Take valuation and round up to the next $100. Divide by 100 and multiply by cost.

Coverage needed: ($1500 = 1500 / 100 = 15)

15 x(times) the policy rate per $100 ($.25) 15 x .25 = $3.75

Instant Insurance Policy Cost Per $100 Unit (including additional fees charged by other companies)
Shipping Mode
Freight88 DSI U-PIC Auctiva
 Domestic Freight Carrier (LTL) $0.50 $1.80 $0.80 $1.65
 Fedex International $0.50 $0.80 $0.85 $1.65
 UPS International $0.25 $0.80 $0.85 $1.65
 DHL International $0.25 $0.80 $0.85 $1.65
 USPS International $0.25 $1.30 $1.65 $1.65
 Ocean Cargo $1.25 NONE NONE NONE
 Air cargo $1.25 $1.80 NONE NONE

DSI Charges $0.30 per transaction which is included in in above

rate. Also, DSI MINIMUM CHARGE FOR LTL is $10.00.

As you can see Freight88 is the leader when it comes to cost, protection and coverage.
Commodity list for standard policy holder per $100
  Freight88
 Minimum charge $0.25
 Deductible $100.00
 max coverage per item $300 Million
 max coverage per shipment $300 Million
 Pricing based on mode of transportation YES
 Insures Currency YES
 Insures Bullion YES
 Household goods shipment maximum $50,000.00
 Household goods deductible $500.00
 Fragile goods land $0.50
 Fragile goods Ocean $1.25
 Computer/Electronics land $0.50
 Computer/Electronics Air $0.25
 Steel Products land $0.50