Hauliers Liability

This insurance provides liability coverage to freight forwarders against the loss or damage to cargo while in their care, custody and control during transportation.

The main purpose of such type of insurance is to provide coverage against liability for loss or damage to cargo during transportation and loss or damage to containers, vehicles or transport equipment of third parties.

It provides for the loss and damage to goods in the care, custody and control of the haulier in accordance with standard trading conditions or under International Conventions such as CMR (Convention on the Contract for the International Carriage of Goods by Road) and also under Common Law.

Many insurance policy wordings do not provide adequate cover and exclude some goods or offer inadequate inner limits. This issue is often exacerbated by the inclusion of conditions regarding unattended vehicles, security requirements or sub-contractor restrictions, which may leave the carrier in breach of policy conditions and potentially without protection.