Cargo insurance usually ranges in cost from $400 – $1,800 per year for the annual premium. If you get a standalone cargo insurance policy, you might pay $35 – $150 per month. There can be great variation between the cost of cargo policies from one company to another. But here are some ballpark figures for cargo insurance cost with different limits.

Most of the above coverages have their own limits. Have your agent explain the limits of each and decide whether you need that specific coverage or not. Limits can often be raised or lowered as needed.