In the worst case scenario?
A customer sues you, a fire breaks out, or a technical error paralyzes your business. This can not only be stressful, but also costly.
Transport damage
Damage or loss of goods during transport due to accidents, improper handling, or theft.
Traffic accidents
Accidents involving transport vehicles that can lead to property damage or personal injury.
Environmental damage
Damage to the environment, for example, through the release of hazardous substances in the event of an accident.
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The most important commercial insurances for freight forwarders & carriers
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The most important insurances for freight forwarders & forwarders
In forwarding companies and freight forwarders, there are several common insurance claims as well as a number of important commercial insurances that they should cover to protect themselves against various risks.
The most important commercial insurances for freight forwarders & carriers are:
Cargo insurance
Covers damages or losses of the transported goods. It can be taken out for both own transports and for transports on behalf of third parties.
Freight forwarder liability insurance
Covers liability claims arising from the carrier's statutory liability for loss or damage to the cargo.
Car insurance
Necessary for the vehicles of the shipping company, including liability, comprehensive and partial coverage.
Business liability insurance
Covers damages caused by the carrier's business activities to third parties, including property and personal injury damages.
Additional important commercial insurances for freight forwarders & hauliers
Environmental liability insurance
Covers environmental damage that could arise from operational activities.
Business interruption insurance
Protects against financial losses caused by business interruptions, e.g. due to fire, theft, or natural disasters.
Legal expenses insurance
Covers the costs of legal disputes that may arise in connection with the business activities.
Goods transport insurance (cargo insurance)
Similar to transport insurance, but specifically tailored to the transportation of goods by various modes of transport.