Freight Liability Insurance

The passage of goods from one place to another for hire and reward.

At common law you would be responsible for loss or damage to goods in your custody caused by your negligence. This position can be, and usually is, amended by contractual agreement or statutory provision.

Contractual Agreement
Trade Contract Conditions vary considerably and cover all aspects of the contract, not just liability for the goods being carried.
Trade bodies have standard conditions for the use of members, i.e. RHA and FTA. Other carriers have designed their own conditions.

Liability under Statute
CMR (The Carriage of Goods by Road Act 1965) brought into British law the provisions of the Convention on the Contract for the International Carriage of Goods by Road, to standardise the liability of carriers undertaking international movement of goods throughout participating countries.

Warsaw Convention liability can also be imposed on carriers in certain circumstances by Airlines for road carriage portions of an airfreight consignment.

The liabilities assumed by you or imposed on you for loss or damage to goods can be significant and financially penal.

You can protect yourself against these liabilities with a tailor made policy to your own specific requirements.