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Real-World Examples and Cost Considerations

The cost of 3PL insurance varies based on factors such as the size of the business, the volume of goods transported, and the specific risks involved. For instance, a small business with minimal shipments may pay significantly less than a large corporation with complex logistics needs. According to industry reports, the average cost for basic 3PL insurance can range from $500 to $1,000 annually, but this can increase depending on the level of coverage required¹.