Now domestic companies are looking for insurance agents because the charges are more favorable.
Marine insurance premium: There are three major insurance companies in China (Pacific, PICC and Ping An).
In addition, the premium rate of marine insurance is also different.
Import and export: premium = value of goods * 1. 1* exchange rate * rate Note: the rate is about five ten thousandths or six ten thousandths. This is the price of the insurance company, and the price of freight forwarding to the factory is probably more than one thousandth.
Domestic: premium = value of goods * rate Note: The rate is about 4/10000 to 5/10000. There is no bonus of 1. 1 in China, but there is an absolute deductible. Every company does it differently, and the conditions are negotiable.
Friend, I hope my answer can help you, thank you.
-Li Yang's freight insurance.