If shipwrecks were more common in the past, did people shipping things have a higher expectation that their stuff wouldn’t reach its destination?

Question

Like, did they just shrug and be like “oh well, I guess we aren’t getting our pineapples this year” or was it a rare and problematic occurence?

In: Other

Answer 1

Honestly, I think it was more like ‘we’ve lost the pineapples, but the cargo holds are full of pine-apples-related insurance claims. That’s a new line of business we can get into’