Carrier’s Liability Insurance
Designed for businesses that transport goods and may face claims when goods are damaged, lost or delivered contrary to agreed terms. The extent of liability must be assessed against applicable law, contracts and the actual services provided.
Cargo insurance and carrier’s liability insurance are not the same
Cargo Insurance
Protects the cargo owner’s interest
Focuses on damage to insured goods during the period and subject to the terms of the policy.
Carrier Liability
Protects the carrier’s liability
Focuses on third-party claims when the carrier is liable under law or under obligations recognised by the policy.
The insurer needs to understand the actual operation
Scope of services
Where goods are collected and delivered, and whether loading or temporary storage is involved
Goods and customers
Types and values of goods, contracting parties and special requirements
Vehicles and subcontractors
How company vehicles, contracted vehicles and subcontractors are involved
Documents to prepare
Contractual liability beyond the law
Some contracts may impose liability beyond statutory requirements, or include penalties or consequential losses that may not fall within standard cover. Submit contracts for review before accepting those terms.
Tell us about your transport requirements
Tell us your business role, type of goods, route and transport arrangements. Our team will help identify any further information required.
LINE: @AUSINSURE · Tel: 065-493-6595