Sum insured minimum EUR 2.5 million per occurrence
No fixed deductible
Co-insurance of gross negligence (art. 29 CMR) and no restrictions on goods
Co-insurance of national cabotage transports including national law of all European countries
Damaged goods, a partial or complete loss of the freight or a late delivery will result in a full responsibility of the haulier according to the CMR regulations. Not to forget that there is also a liability in addition to the national legislation from the countries of departure and destination. A special problematic arises for multimodal transports a combination of ship, ferry, train and trailer shipments. Here, different legal liability rules apply depending on the transport mode that will be used.
Our CMR insurance offers comprehensive and customized insurance protection under the mandatory statutory liability regulations for the carrier in road transport and even beyond. In particular through the elimination of cabotage restrictions in Europe, carriers are faced with a variety of different liability requirements. Our carrier policy provides insurance protection for international transport in the context of the CMR liability regulations, as well as for domestic transport all over Europe (cabotage transport) according to the respective national transport legislation.
Due to the fact that various legal liability regulations as well as your customers will not make any exceptions for transported goods we basically do not exclude any specific product groups from the insurance cover. Claims, where the objection of the gross negligence (article 29 of CMR) is subject of the discussion, are an incalculable financial risk associated with the unlimited liability of the carrier. Therefore our CMR insurance explicitly includes that kind of risk at least with a sufficient cover of EUR 2.5 million per claim.
Transport liability insurance, also known as ‘CMR insurance’, protects carriers against financial risks arising from their legal liability for damage to goods in accordance with transport law. In particular, it covers liability under the CMR Convention for international road haulage. The main benefits are the settlement of justified claims for damages and the defence against unjustified claims.
Transport insurance, also known as ‘all-risk’ insurance, provides comprehensive cover for goods from door to door based on their commercial value. Irrespective of the carrier's limited liability, the owner of the goods is reimbursed in full for any damage incurred. In contrast, transport liability insurance covers the legal liability of the carrier during the transport period from the time the goods are taken over until they are delivered. Due to this limitation, supplementary transport insurance is recommended for goods owners.
Yes, with our goods transport online tool you can take out your transport insurance quickly and easily directly via our website. Click here to take out the policy: ASKO INSURANCE BROKER - Declaration Manager (cmcportal.eu)
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