The cost of cargo insurance in Brazil depends mainly on cargo value, mode of transport, route, cargo type, and claims history — there is no fixed table that applies to every operation.
How the quote is built
Factors that influence the price
- Declared value of the cargo
- Mode of transport (ocean, air, multimodal)
- Route and ports/airports involved
- Cargo type and claims history
Who this matters most for
Evaluating ocean vs. air freight for the same shipment.
Where total insurance cost affects overall margins.
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Content reviewed by Ronaldo Fernandes, Commercial Director and licensed technical broker (SUSEP 201069372) at Kingdom Broker Brazil. Verified 08/27/2026.
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Frequently asked questions
What most affects the cost?
Cargo value, mode of transport, route, cargo type, and claims history.
Is air freight insurance more expensive?
Not necessarily — depends on value and exposure time.