FREIGHT FORWARDERS LIABILITY INSURANCE – TRUST THE EXPERTS
The liabilities assumed by you or imposed on you for loss or damage to goods can be significant and financially penal.
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. BIFA, 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.
The Warsaw Convention liability can also be imposed on carriers in certain circumstances by Airlines for road carriage portions of an airfreight consignment.
You can protect yourself against these liabilities with a Freight Forwarders Insurance tailored to your own specific requirements. Freight Forwarders Insurance is usually inexpensive and is often a mandatory requirement of trade associations such as BIFA and a number of your potential Customers.
Peace of mind without breaking the bank.
Choose The Insurance Broker, specialists in freight insurance, for your cargo insurance needs.
The Insurance Broker provide the expert advice as unlike other brokers, we specialise in the field of freight insurance policies. We’ve spent years building a vast network of contacts amongst some of the UK’s leading insurers, ensuring that we’ll always find you the best possible deal.
Being Freight Insurance Brokers means we can offer road hauliers, freight forwarders and warehouse keepers with the best rates for freight insurance for road and rail. We access and compare the entire insurance market, instead of a few favoured companies, so we’ll find you complete cover at a great price that won’t drive you mad.
You can purchase freight forwarders liability insurance online through The Insurance Broker. Policies are binding at the point of purchase. Please contact us today to arrange payment terms on 01772 780 380.
Who Needs Freight Insurance?
All freight forwarders ought to have freight insurance cover. It’s essential that you choose a specialist insurance broker with experience of the relevant insurance policies for freight forwarders. Liability insurance does not insure the goods themselves – this is usually the responsibility of the buyer or seller.
Many people think that the carrier will compensate you for the full value of your goods or belongings should they get damaged. This is a common mistaken belief. Shipping companies are only responsible for paying you a sum up to the amount specified in their trading conditions which may not even come close to covering the value of the goods!
Unless you’re happy to risk paying thousands of pounds for the damage or loss of your own, or someone else’s, shipments, with the likelihood of only a few pounds per kilo in compensation, we strongly suggest freight forwarders liability insurance.
Protect your business’ products or your personal belongings now. Call us on 01772 780 380 to get a freight insurance quotation.