Freight insurance

Freight insurance is a type of insurance when freight transported in a vehicle is insured against damage, destruction or theft during transportation. Insurance coverage takes effect from the moment when insured freight is forwarded for transportation indicated in the insurance contract from the location where it was stored beforehand, and lapses as soon as freight is delivered and unloaded in the place of destination indicated in the insurance contract. Insurance coverage is valid during intermediate storage. Normally when carrying goods by land transport, carrier’s liability is regulated by the CMR Convention adopted in 1956 in Geneva. Carrier’s liability, otherwise known as CMR insurance is limited per gross kilogram 8,33 SDR* - the index of which is set by the International Monetary Fund. Though rarely but at times it happens so that freight is damages or lost for certain reasons, such as natural disasters, thus the possibility of insuring freight against all risks should be considered.

Why is it worth ensuring freight?

  • Having purchased freight insurance, you will reduce risk to the minimum.
  • The Insurer covers additional expenses incurred as a result of damage related to the rescue of freight, additional warehousing or reloading.
  • In case of damage, you will avoid possible financial losses and disputes with business partners and carriers

How much will freight insurance cost?

Please indicate freight value and find out a preliminary insurance price:

Freight value (€):

Frequently asked questions

Freight insurance coverage applies for full freight value.

Moreover, the insurer covers additional expenses occurred in case of damage related to the rescue of freight, additional storage or reloading.

Without purchasing freight insurance, only standard carrier and freight forwarder liability applies, which is limited.

When carrying by land, CMR Convention adopted in 1956 in Geneva regulates the carrier’s liability. Carrier’s liability, otherwise known as CMR insurance, is limited to 8.33 SDR per gross kilogram.

When transporting by land, Warsaw Convention of 1929 regulates the carrier’s liability. Carrier’s liability, otherwise known as air waybill insurance, is limited to 17 SDR per each gross kilogram.  

When transporting by sea, the Hague-Visby Rules of 1968 regulate the carrier’s liability. The carrier’s liability, otherwise known as Bill of Lading insurance, is limited to 2 SDR per gross kilogram, or 666,67 SDR per container.

If you so desire, we will ensure each transported freight at favourable terms and conditions. Hassle free!

Insurance coverage takes effect from the moment when insured freight is forwarded for transportation indicated in the insurance contract from the location where it was stored beforehand, and lapses as soon as freight is delivered and unloaded in the place of destination indicated in the insurance contract.

If freight is in questionable condition, notes thereon should be made in bills of lading or other acceptance documents when accepting the freight. 

If a part of freight is missing, a claim must immediately be filed with the freight carrier.

If damage done to the freight was unnoticeable when accepting the cargo, a claim must be filed with the freight carrier in writing in 3 days from delivery. 

During freight transportation, vibration and loads are inevitable. Freight safety depends on the strength of packaging.
Appropriate packaging protects the contents of the freight from usual transportation hazards and ensures that the carried shipment would not damage other loads.

  1. When boxes are solid, preferably new.
  2. When packaging is sufficiently strong to maintain its content and weight of other packages, which will be loaded thereon.
  3. When having placed an item into the box, empty space is filled with packaging material, which does not allow the item to move.
  4. When brittle or fragile items are packed each individually so that they did not touch the bottom or sides of the box.
  5. When appropriate packaging materials are used, such as: bubble wrap, foam, cardboard, wool, shavings, material, special fixative foams, etc., to keep things stable.
  6. When strong adhesive tape is used.
  7. When roll or tube-shaped shipments have an inner axial insert to avoid possible damage of the shipment.
  8. When cabinet furniture (chests, cabinets, beds) are disassembled into separate parts, which are properly packed in separate packaging and filled with packing material.
  9. When bulky parcels (equipment, etc.) are reinforced with supporting frame structure, which is filled with protective packaging material (foam or)
  1. If packages loaded on a pallet do not withstand static pressure of packages on the top.  
  2. If adhesive tape comes off and the contents of the shipment becomes accessible.
  3. If external packaging does not withstand diagonal fall from 80–90 cm high.
  4. If fluid starts leaking during transportation from containers with fluid.
  5. If lids fall from buckets, tins, etc.
  6. If fragile items, which are packed inappropriately, are transported.
  7. If packages are loaded on a pallet so that they lose their vertical standing position during transportation or fall of the pallet.
  8. If large parcels are submitted without pallets or additional protective packaging material (foam, etc.) filling the supporting frame structure.
  9. If outer packaging of large shipments does not protect them from damage during loading or transportation (are submitted packed in non-factory packaging, without packaging, wrapped in film only, etc.)

International carriage? Customs services? Freight distribution?

We will choose groupage cargo logistics solution depending on your specific needs.

During business hours, we respond to inquiries promptly, usually within 1 hour.

Dovilė Zabarskaitė

Easting Sales Manager