Goods in transit insurance protects your company against the financial consequences of damage, loss or theft of goods during transport. This includes, among other things, costs for the replacement of goods, repair costs or compensation payments to customers that may arise due to transport damage.
It applies to the transport of goods within Germany and abroad. The insurance can be taken out by shippers as well as forwarders or transport companies. As a rule, the sum insured is limited to the value of the goods.
There are different types of cargo insurance that can be chosen depending on the needs and requirements of the company:
Goods in transit insurance is recommended for companies that regularly transport or ship goods. It does not matter whether they are manufacturing companies or traders. Especially for companies that transport high-value or sensitive goods, goods in transit insurance is of great importance.
Industries that typically purchase cargo insurance include:
Goods transport insurance offers companies the security of not being stuck with the costs in the event of transport damage. It is therefore worthwhile for companies to find out about a suitable insurance solution and take it out if necessary.
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