Freight Liability insurance provides your business with legal liability cover for the loss and/or damage of goods, using standard trading conditions of freight forwarders. This includes international conventions, statutes and liability at common law plus enhanced liability.
Similar to other professions, Freight Forwarders are responsible to their customers for the services and the advice they provide. In the event of physical loss or damage to cargo, or resultant financial loss suffered by the cargo owner, the freight forwarder will be required to defend their liability and under certain circumstances reimburse the cargo owner for their loss.
Customs Brokers and Freight Forwarders are more vulnerable than ever to actions brought against them by their clients due to errors made, or errors which the client perceives were made. Mistakes can be extremely costly and even if the error was not made by you, the cost to defend yourself can create substantial expense.
With our extensive experience in providing insurance for freight forwarders - and logistics companies, we have a tailored and digitized solution available for freight forwarders.
For more information please contact us.
For Austria: info.austria@nacora.com
For Eastern Europe: info.EE@nacora.com