Freight Transport Liablity

FREIGHT FORWARDERS INSURANCE

As a freight forwarder, you hold a responsibility for the goods that your customers contract you to carry. Depending on the terms and conditions that you operate your business under your liability will be limited by the weight of the goods affected in the event of a claim. In order to cover any loss you should always ensure that you have sufficient Insurance in place. With some associations that provide conditions it is actually a requirement.

What does Freight Liability Insurance Cover?

Freight Liability Insurance is not cover for cargo. Instead, it is intended to protect Freight Forwarders from ‘errors and omissions’ as well as legal liability.

Anyone transporting goods across long distances may benefit from seeking transport liability insurance. This is because, at common law, the forwarder may be held responsible for loss or damage to goods in their custody.

Freight Liability insurance covers forwarders against costs such as:

  • • Liability for any goods lost, damaged or stolen
  • • Legal costs for claims defence
  • • Containers and trailers on hire
  • • Clerical errors and omissions by the forwarder’s company
  • • Financial loss incurred by following loss or damage to goods
  • • Temporary storage costs that may be incurred following an incident

The Insurance Broker Ltd is a specialist Insurance broker with over 21 years of experience over a wide range of Insurance covers. We pride ourselves in the high level of service we provide and we always do our best to ensure that your requirements are met.

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We offer a wide range of Insurance products

At The Insurance Broker we specialise in Freight and Transport related Insurance, but we can also provide a wider range of other products that your company may need to operate.

One Off Cargo

Insurance to cover single shipments of goods from A to B.

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Freight Transport Liablity

Covering your liability for the goods you are contracted to carry.

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Commercial

Insurance products to cover your company’s operations.

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Motor Fleets

Multiple commercial vehicles covered under one policy.

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Moving House

Insurance for your personal effects when you relocate.

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