Comparison
Parcel ABC Insurance vs CIO Cargo Insurance
Understand the differences between Parcel ABC basic and extended cover and CIO Cargo Insure Online — compare costs, coverage limits, exclusions and claims handling.
Shipping Platforms
Parcel ABC
European shipping platform offering discounted rates and basic insurance.
About Parcel ABC
- Overview
- Parcel ABC is a European shipping booking platform connecting senders with major couriers.
- Headquarters
- Lithuania
- Countries served
- Worldwide via courier partners
- Services offered
- Discounted rates with DHL, DPD, UPS, FedEx and others.
- Typical users
- European consumers and SMEs.
Insurance overview
| Coverage type | Basic and Extended Cover |
|---|---|
| Maximum coverage | Up to EUR 1,000 extended cover |
| International coverage | Yes |
| Domestic coverage | Yes |
| Claims process | Submit claim within 7 days for damage, 14 days for loss. |
| Major exclusions | Cash, jewellery, electronics without original packaging, perishables. |
Premium comparison
| Shipment value | Parcel ABC cost | CIO cost | Savings |
|---|---|---|---|
| USD 1,000 | USD 20.00 | USD 5.00 | Save USD 15.00 (75%) |
| USD 5,000 | Not covered (over limit) | USD 22.50 | CIO covers full value |
| USD 10,000 | Not covered (over limit) | USD 45.00 | CIO covers full value |
| USD 25,000 | Not covered (over limit) | USD 112.50 | CIO covers full value |
| USD 50,000 | Not covered (over limit) | USD 225.00 | CIO covers full value |
| USD 100,000 | Not covered (over limit) | USD 450.00 | CIO covers full value |
Indicative estimates based on published carrier rate cards and a CIO illustrative rate of 0.45%. Actual premiums depend on commodity, lane and risk; request a live CIO quote for binding figures.
Why businesses choose CIO
| Feature | Parcel ABC | CIO |
|---|---|---|
| Independent insurance | ||
| Multi-carrier coverage | ||
| Door-to-door protection | ||
| International shipments | ||
| Freight coverage | ||
| Parcel coverage | ||
| API integration | ||
| White-label available | ||
| Instant certificates | ||
| Cargo specialists |
Coverage comparison
What Parcel ABC covers
Basic and Extended Cover up to Up to EUR 1,000 extended cover.
Excludes: Cash, jewellery, electronics without original packaging, perishables.
What CIO covers
All-risk cargo insurance on a door-to-door basis (Institute Cargo Clauses A), with limits up to USD 5M+ per shipment subject to underwriting.
Includes general average, war & strikes (extension), and shipments across all major couriers, freight forwarders and modes.
Common claims examples
Lost package
Parcel ABC outcome
Compensation up to declared value, after investigation period and proof of value — often denied without purchased coverage.
CIO outcome
Full insured value paid, subject to ICC(A) and policy terms, typically settled within days of documented loss.
Water damage in transit
Parcel ABC outcome
Often excluded unless attributable to carrier negligence; weather and force-majeure events commonly declined.
CIO outcome
Covered under all-risk cargo terms, including weather-related incidents and concealed damage.
Theft during transit
Parcel ABC outcome
Covered only with purchased declared value and provided packaging requirements were met; routinely contested.
CIO outcome
Theft and pilferage included as standard under ICC(A) with broad door-to-door cover.
Misdelivery
Parcel ABC outcome
Liability limited to convention caps (Warsaw / Montreal / CMR) unless declared value purchased.
CIO outcome
Insured value paid, with the insurer pursuing recovery against the carrier on your behalf.
Handling damage
Parcel ABC outcome
Frequently excluded when packaging is deemed insufficient by the carrier; burden of proof on shipper.
CIO outcome
Covered subject to reasonable packaging standards; expert surveyors handle damage assessment.
Warehouse incidents (pre-shipment)
Parcel ABC outcome
Not covered — carrier liability starts on pickup and ends at delivery.
CIO outcome
Covered under door-to-door extension including limited storage and consolidation periods.
Parcel ABC insurance FAQs
›What insurance does Parcel ABC offer?
Parcel ABC offers basic and extended cover that raises courier liability up to EUR 1,000.
Protect your shipments beyond carrier liability
Get instant cargo insurance quotes with CIO Cargo Insure Online — independent, multi-carrier, door-to-door.