Type and Value of Goods
Including packaging and the nature of the goods
Insurance for Transportation and Logistics Businesses
Logistics risks extend beyond damaged goods to vehicles, carriers, warehouses, trade contracts, and liabilities to business partners. A.U.S. helps clarify each party’s role and organize the relevant information before selecting coverage.
Start with Your Role in the Transportation Chain
Cargo Owner
Goods in Transit
Consider the value and type of goods, packaging, route, mode of transport, and terms of sale to determine when the risk rests with you.
Carrier
Legal and Contractual Liability
Damage to goods may result in claims from the cargo owner. The scope of services, vehicles, routes, and terms of liability must be considered.
Freight Forwarder
Multiple Parties in a Single Shipment
Freight forwarding may involve documentation, agents, subcontractors, and several forms of coordination, so the forwarder’s role must be clearly defined.
Coverage Areas to Consider Together
Cargo
Loss of or damage to goods in transit, subject to policy terms
Carrier Liability
The carrier’s liability to the cargo owner
Fleet
Trucks, tractor units, service vehicles, and company vehicles
Property
Warehouses, buildings, equipment, and third-party liability
Information Needed for a More Accurate Assessment
Sales Contracts Affect Risk
Incoterms or agreements among the buyer, seller, and carrier may determine who bears the risk at each stage. Trade documents and the scope of services should be reviewed alongside the insurance policy.
Tell Us About Your Transportation Requirements
Tell us your business role, type of goods, route, and transportation arrangements. Our team will help identify any additional information required.
LINE: @AUSINSURE · Tel: 065-493-6595
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