The owners of goods and raw materials, the financers of commercial transactions, participants of exhibitions, individuals and their authorised persons (agents) can transfer the risks of damage or loss of the transportable cargo to an insurer.

It is a misconception that a carrier would take a responsibility for and cover all damage and losses. Haulage contracts always limit this type of responsibility both in terms of the amount and reasons for compensation. Moreover, the owners of freight being shipped by sea will need to share the cost of the loss of other shippers (the sea vessel and other owners of freight), even if their freight has not been damaged, in the event of a sea accident.

The ins and outs of freight insurance are very varied, and one needs to have special knowledge in order to choose an appropriate freight and carrier liability insurance.

We can help you to find your way around on this matter.